500 E Butler Court, Kalamazoo, MI 49007 (MLS # 24022482)

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PRICE $1,900,000 SIZE 13,020 sqft LOT SIZE 28,314 sqft

Fully Leased Investment Offering now Available. Located in the heart of River's Edge, Kalamazoo's best Live, Work, Play, Eat, and Shop area is the Norbridge Building. This architecturally unique facility, built in 2014, offers the discerning investor five highly desirable apartments and 8,474 square feet of leased office space. The commercial Tenant has extended through July of 2028. The office suite is the definition of ''cool,'' with an industrial feel, and is designed for Tenants seeking a collaborative work environment yet offering great options to a hybrid workforce. The office space consists of an open floorplan encompassing three floors centered around the open stairwell, which provides: "¢ Conference rooms. "¢ Private meeting rooms. "¢ An open kitchen area. " An outdoor deck overlooking the River's Edge District. The apartments consist of 2 one-bedroom and three loft-style apartments. These apartments are consistently oversubscribed. As fast as the Landlords can turn them, they are reoccupied. The units offer their residents a stackable washer and dryer, private patio/deck, covered parking (1 space/unit), bicycle storage, and access to the 2,000 sf common area deck on the 3rd level. Norbridge is across the street from Louie's Trophy House Restaurant, Green Door Distilling, Brewery Outré, Walnut & Park Coffee, and within easy walking distance to Bell's Brewery, Sarkozy's Bakery, Hop Cat, 600 Kitchen and Bar. The Norbridge Building is only 100 yards from entry to the Kalamazoo River Valley biking trail, five blocks from the Amtrak and Bus Station, and only 12 minutes walking from the geographical center of downtown Kalamazoo. The property allows its tenants to Live, Work, Play, Eat, and Shop downtown. Please note this listing incorporates multiple addresses (condo association). For more detailed information, see the listing agent.