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 |
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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