5534 W Michigan Avenue

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30728210
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Retail-Pad, Other
Status: Pending
Building Size (RSF): 9,360 SF
Gross Land Area: 0.50 Acres
Sale Price: $599,000
Unit Price: $64 PSF
Property Use Type: Investment, Business
Usable Size (USF): 9,360 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Prime Investment Real Estate! Located on a main thoroughfare to the new Costco, directly across the street from West Hills Athletic Club, and just off US-131. Property includes 6 residential units up and 2 commercial units down. Perfect for any Owner Occupant or Investor Value-Add!

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Oshtemo Township
Tax ID/APN: 3905-25-188-050
Retail Clientele: General, Family, Business, Traveler
Property Located Between: 11th & W Michigan
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1978
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,141 61,500 141,494
Median Age: 35.4 30.7 33.89
Households: 2,232 25,244 57,929


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