$475,000

5922 King Highway

Kalamazoo MI, 49048

Description

Riverfront Mixed-Use Money Maker! High traffic downtown location offers amazing rental opportunity or a chance to redevelop. 2 stand alone commercial buildings and 1 three bedroom house with over with 12 units total and 200 ft of waterfront on the Kalamazoo River. Annual rent potential of $70,000 or build alongside the new Downtown Development Plan(see attached documents).

Details

MLS#19052727
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1987
Days On Site120

Features

SQ Feet9,321
Story(s)1
ZoningB-2

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Area Information

StateMI
CountyKalamazoo
CityKalamazoo
Zip Code49048
AreaGreater Kalamazoo - K
Listing VS Median (in 49048)
Price:
$475,000
low | high
Med:
$92,450
100% of Average
SqFt:
9,321
low | high
Med:
1,153
100% of Average
$ / SqFt:
$51
low | high
Med:
$81
9.790919409212% of Average
On Site:
120
low | high
Med:
128
93.75% of Average
Listing Updated: 02/25/2020
MLS Number: 19052727
Listing Provided By:
Pat O'Brien  of  OBrien Real Estate
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.