122 W South Street, Kalamazoo, MI 49007 (MLS # 24013198)

PRICE	$1,200,000
SIZE	9,354 sqft
LOT SIZE	3,921 sqft

This development opportunity is unique as it is surrounded by public alleys on three sides, so future apartments will enjoy abundant natural light. The ground floor hosts a long-standing tenant on a month-to-month lease and an unoccupied retail space, plus an area ideally suited for an elevator shaft. The current owners occupy the top two floors and are willing to remain as tenants, helping to offset holding costs. The basement boasts unusually high ceilings, perfect for tenant storage, and it remains moisture-free due to recent improvements. Renovations in 1987 included insulated double-hung windows, updated mechanical systems, and refreshed finishes on the upper levels. Situated on South Street, a quiet location ideal for high end apartments. Seller financing is available.

DAYS ON MARKET	321	LAST UPDATED	7/22/2024
YEAR BUILT	1900	COMMUNITY	Greater Kalamazoo - K
COUNTY	Kalamazoo	STATUS	Active
PROPERTY TYPE(S)	Commercial

ADDITIONAL DETAILS
AREA	Greater Kalamazoo - K
CONSTRUCTION	Brick
FIREPLACE	Yes
HEAT	Forced Air
LOT	3920 sq ft
LOT DIMENSIONS	52x58
SEWER	Public Sewer
STORIES	3
TAXES	8879
UTILITIES	Natural Gas Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected
WATER	Public
WATER ACCESS	SHARPS LAKE
ZONING	D-1

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Listing provided by Dover Birch & Associates, Rob Peterson

Updated 1/29/25 9:07 PM PST

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