107 Michigan AveKalamazoo, MI 49007

  • Commercial real estate
  • 0.12 AC
For Sale
$349,000 View listing

Property Details for 107 Michigan Ave

Lot size
0.12 AC
Zone code
CCBD
Property type
Commercial real estate
APN
06-15-381-001
APU
615381001

Description

This exceptional 4,152 square foot office condominium, located on the first floor of the historic Kalamazoo Building, presents a unique leasing opportunity in the heart of Kalamazoo's Central Business District. Situated at the prominent corner of West Michigan Avenue and South Kalamazoo Mall, this space boasts a high-profile location directly across from the Radisson Plaza Hotel and adjacent to the Exchange Building. The meticulously updated interior features a blend of private, naturally lit offices, a welcoming reception/lobby area, and a well-appointed boardroom, perfect for fostering a professional and productive work environment. The open cubicle space offers adaptable layouts to suit various business needs, while an upper-level mezzanine provides additional bullpen and office space, enhancing the overall versatility of the layout. This Class B office space, built in 1907 and zoned CCBD (Kalamazoo County), offers convenient access to city parking decks and on-street parking meters. The property is also available for purchase. This is an unparalleled opportunity to secure a prestigious and functional office space in a vibrant downtown location. The multiple tenancy setup allows for flexibility in occupancy arrangements.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $767,883
    Hospitality
    $703,377
    Educational
    $585,201
    Medical
    $605,327
    Retail
    $910,313

Location Insight

City
Kalamazoo
County
Kalamazoo
State
Michigan
Latitude
42.2914
Longitude
-85.5834
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$7,597
-
-
$108,600
-
-
-
$217,200

FAQs

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