Active
122 W South Street
Kalamazoo MI, 49007
$1,200,000
$128.29 per sqft
Active
9,354 sqft
Commercial
Built in 1900
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.
66024013198
MLSⓇ ID
March 19, 2024
Listed
September 17, 2024
Updated
Map
122 W South Street
Kalamazoo MI, 49007
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.09 Acres
School Information
School District
Kalamazoo
Other Property Details
Area Name
Kalamazoo
Taxes
$8,879
Tax Frequency
Annually
Days on Market
90
Garage
No
View
No
County
Kalamazoo
Pool
No
Zoning
Commercial,Office,Residential
Listing History
Date | Event | Price |
---|---|---|
7/22/2024 | Active | — |
6/18/2024 | Pending | — |
Courtesy of Dover Birch & Associates
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Data last updated 2:07 AM UTC, 9/17/2024