1841 S Wetnedge Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30819706
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 3,068 SF
Gross Land Area: 0.04 Acres
Sale Price: $218,000
Unit Price: $71.06 PSF
Property Use Type: Investment, Business
Usable Size (USF): 3,068 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2023

Overview / Comments

Located on a corner lot on busy South Westnedge Avenue, this 2-story brick building is a great investment opportunity. Strong rental history. Two apartments on upper level: one 3-bedroom and one 1-bedroom - both with tenants in place. Buildout underway for new salon with long-term lease on main level. Great visibility. High traffic counts. Easy access from both Westnedge and Park off Maple St. Parking on street and in city lot across street.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: City Of Kalamazoo
Tax ID/APN: 3900-06-27-105-005
Zoning: CC
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Maple & Howard
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1939
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Natural Gas, Hot Water
Heat Source: Radiant
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,104 96,480 164,644
Median Age: 35.16 31.81 33.81
Households: 5,500 38,699 67,453


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