122 W South Street Active Save Request In-Person Tour Request Virtual Tour
Kalamazoo,MI 49007
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,354 sqft
Price per Sqft $128
MLS Listing ID 66024013198
Year Built 1900
Annual Tax Amount $8,879
Lot Size 3,920 Sqft
Property Description
This development opportunity is unique as it is surrounded by public alleys on three sides, so future apartments will enjoy abundant natural light. The ground floor hosts a long-standing tenant on a month-to-month lease and an unoccupied retail space, plus an area ideally suited for an elevator shaft. The current owners occupy the top two floors and are willing to remain as tenants, helping to offset holding costs. The basement boasts unusually high ceilings, perfect for tenant storage, and it remains moisture-free due to recent improvements. Renovations in 1987 included insulated double-hung windows, updated mechanical systems, and refreshed finishes on the upper levels. Situated on South Street, a quiet location ideal for high end apartments. Seller financing is available.
Location
State MI
County Kalamazoo
Area Kalamazoo
Zoning Commercial,Office,Residential
Interior
Heating Forced Air
Exterior
Roof Type Composition
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick,Frame,Wood
Schools
School District Kalamazoo
Others
Acceptable Financing Cash,Contract,Conventional,Lease
Listing Terms Cash,Contract,Conventional,Lease
Special Listing Condition Unknown/Data Share Listings