1820 Lake ST Active

MI 49001

$ 1750000

- Bed

- Bath

51196 SqFt


Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 51,196 sqft

Price per Sqft $34

Subdivision Byron J Healys Add

MLS Listing ID 20230003206

Year Built 1946

Lot Size 6 Sqft

Property Sub-Type RealEstateOnly

Property Description

Freestanding building available for sale/lease that sits along the main road, offering great signage, visibility, and access. Zoned M-2 Industrial and built in 1946.

The existing building is 51,196 SF with the ability to expand it to 71,196 SF, add a second building in the rear, or use the excess land for additional truck/outdoor storage parking.

Currently, it has 3,371 SF of office space and 47,825 SF of warehouse/storage space. Ownership will consider capital improvements and demising the building into smaller units for long-term lease transactions for credit tenants.

Ceiling heights range from 8-6' FT clear (office) to 19-4' FT clear (warehouse) and has 480 volt / 3 phase / 400 amps electrical service with the ability to upgrade.

Includes (1) loading dock and (4) overhead doors, (2) 2-ton cranes on heavy-duty monorail crane systems used for unloading trucks.

Great site located 1.8 miles from the I-94 Freeway Ramp and almost directly on the business loop; within close proximity to Downtown Kalamazoo as well.

The property sits within an Opportunity Zone, and the City of Kalamazoo offers the possibility of Community Incentives/Benefits.

Location

State MI

County Kalamazoo

Area Area39062Kalamazoo

Interior

Heating ForcedAir, NaturalGas, SpaceHeater

Exterior

View Y/N No

Building

Foundation Basement, BrickMortar, PillarPostPier

Sewer PublicSewer

Water Public

Schools

School District Kalamazoo

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition ShortSaleNo, Standard

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