232 E MICHIGAN AVE, Kalamazoo, MI 49007 - MLS#20250023924

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Coldwell Banker Town & Country Real Estate

karengillrealestate@gmail.com +1(810) 397-4451

$736,000

Est. payment - /mo

2 Baths

3,240 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 3,240 sqft

Price per Sqft $227

Subdivision Original Plat - City Of Kalamazoo

MLS Listing ID 20250023924

Style CommonEntryBuilding,Duplex,Loft

Full Baths 2

Year Built 1977

Property Sub-Type MultiFamily

Property Description

Welcome to this prime mixed-use property offering a unique blend of commercial space and modern living. The first floor features a thriving commercial space leased for the past six years to a successful Pizza Shop, benefiting from high foot traffic on Michigan Avenue. Nestled between Green Top Tavern and the Kalamazoo Mall, it's situated in the heart of downtown Kalamazoo, an area experiencing a resurgence. Blocks away from the Kalamazoo Event Center, a $300M construction project that will play home to WMU basketball and hockey teams along with the Kalamazoo Wings. The property backs onto Bates Alley, renowned for its vibrant nightlife, enhancing its attractiveness to future tenants. The second floor boasts high ceilings and exposed brick walls adding character and appeal. It is comprised of two spacious residential units, a 1010 sq ft, 1 bedroom loft apt with a full bathroom and the second an 805 sq ft, studio apt with a full bathroom. The apartments underwent a generational renovation five years ago. Modern amenities in each unit include new finishes, windows, on-demand tankless water heater, in-unit washer/dryer, dishwasher, and stainless steel appliances. HVAC system last serviced and air ducts cleaned Spring 2025. An agreement is in place for parking in the Portage St. lot behind the building. This investment opportunity combines cash flow from rented units with commercial viability, set against a rich historical backdrop. Don't miss your chance to own a property in Kalamazoo's growing downtown scene. Leases and detailed financials are available for review upon request with a Confidentiality Agreement submitted. Video tour available if needed. Please contact Yousif for additional information or with any questions.

Location

State MI

County Kalamazoo

Area Area39062Kalamazoo

Rooms

Basement Unfinished

Interior

Heating ForcedAir, NaturalGas

Exterior

Parking Features ParkingLot, OffSite, Paved

Pool None

View Y/N No

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

Schools

School District Kalamazoo

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Listed by Yousif Oraha of EXP Realty - Mark White & Associates

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Coldwell Banker Town & Country Real Estate

+1(810) 397-4451

Broker | License ID: 308761

Broker License ID: 308761

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232 E MICHIGAN AVE Kalamazoo, MI 49007

Coldwell Banker Town & Country Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Get More Information