3825 Lake Street

Retail-Commercial for Sale
Catylist Listing ID: 30172499
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related, Other
Building Size (RSF): 56,768 SF
Gross Land Area: 14.70 Acres
Sale Price: $599,000
Unit Price: $10.55 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 56,768 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/10/2019

Overview / Comments

This unique opportunity provides buyer excellent upside, potential passive cash flow, and a low occupancy cost for any retail or industrial user. Multiple building scenario, significant site size, and excellent visibility / signage lend itself well to a number of varying uses.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Kalamazoo Township
Tax ID/APN: 390624280041
Zoning: LD
Retail Clientele: General, Business
Property Located Between: Sprinkle & Bus I94
Property Visibility: Excellent
Largest Nearby Street: I94 Business Loop
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Property Condition: Good
Year Built: 1974
Construction/Siding: Block
Total Parking Spaces: 250
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: 4,255 53,336 119,237
Median Age: 36.33 34.27 33.89
Households: 1,589 21,469 47,198


Photograph of Listing Agent

Matt Callander, CCIM

Callander Commercial CPIX Member
Photograph of Listing Agent

Sandy Edwards, CCIM

Callander Commercial CPIX Member
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