1820 Lake St | Image 1

$1,750,000

For Sale

3 years ago

MLS® 20230003206

0 Bed

0 Bath

51196 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 51196 sqft
Garage No
HOA Fees 
Taxes 
Days Active 1155
Approx. Age 1946
Avg. Price Per Sqft $34
MLS® Number 20230003206

Property Address: 1820 Lake St, Kalamazoo, MI, 49001-3200

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20230003206
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1946
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 13, 2023List Date
$1,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
1820 Lake St, Kalamazoo, MI

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