6,400 SF Mixed-Used in Decatur

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30327223
Property Subtypes: Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 6,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $129,999
Unit Price: $20.31 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/7/2018

Overview / Comments

Building consists of 3 apartments on the upper level, and 3 retail/commercial units on the street level with 26 parking spaces. The apartments have been updated and all of the units are currently leased. Note that Unit #1 was previously a Restaurant. The retail units have basements for storage. Owner will
consider all offers.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Van Buren
Tax ID/APN: 804304029411
Zoning: COMMERCIAL
Site Description: Directions: From Kalamazoo, I-94 to Decatur exit M51 to Decatur. West on Delaware.
Tenancy: Multiple Tenants
Year Built: 1992
Roof Type: Other
Construction/Siding: Wood Frame
Total Parking Spaces: 26
Parking Type: Surface
Parking Description: On-site parking
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,528 7,596
Median Age: 39.94 41.18
Households: 1,748 2,906
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