Property Attributes
- MLS#24003678
- TypeCommercial
- CountyKALAMAZOO
- CitySchoolcraft
- AreaSchoolcraft Vllg
- NeighborhoodSchoolcraft Vllg
- Zip49087
- StyleBusiness
- Year Built1900
- Taxes$ 3304
- Price$ 579,900
- Bedrooms0
- Full Bathrooms5
- Half Bathrooms0
- Lot Size10,454 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
This is downtown Schoolcraft at its finest! This building is for sale as it sits with 5 total units; 2 retail spaces on the street level and 3 residential rental units upstairs, all of which are currently rented. Currently a salon and one side and a boutique on the other, the retail space has the flexibility to become a variety of business opportunities. The three apartments upstairs vary in size and rental level, all of which are tastefully updated while maintaining character. New roof with a 10 year warranty! Mechanicals are newer and in good condition. Property offers plenty of parking for tenants. Come see this property today!
Price History | |
---|---|
1/17/2024 | Listed $599,900 |
3/8/2024 | 4% - $579,900 |
General Features
Sewer | Septic System |
---|---|
Utilities | Public Water Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Natural Gas Connected,Electric Connected,Cable Connected |
Possession | Negotiable |
Roof | Rubber,Concrete |
Construction Materials | Brick |
Year Built | 1900 |
Township | Schoolcraft Vllg |
Unit Number | 222-224 |
Property SubType | Business |
Tax Year | 2023 |
Business Type | Professional Service,Restaurant,Bar/Tavern/Lounge,Retail |
County | Kalamazoo |
Operating Expense | 10525.46 |
Insurance Expense | 4221.0 |
New Construction | No |
Property Type | Commercial Sale |
MaintenanceExpense | 1820.0 |
Status | Active |
Directions | US 131 into downtown Schoolcraft,building are on the east side of road. |
City | Schoolcraft |
High School District | Schoolcraft |
Total Units | 5 |
MLS Area | Greater Kalamazoo - K |
Lot Size Square Feet | 10454.0 |
Waterfront Y/N | No |
Street Name | Grand |
Land Lease Y/N | No |
Tax Annual Amount | 3304.46 |
Lease Renewal Y/N | No |
MLS Area Minor | Greater Kalamazoo - K |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Availability Date | 2024-01-17 |
Days on Market | 117 |
Standard Status | Active |
Tax Assessed Value | 49840 |
MobileHomeRemainsYN | No |
Legal Description | S 4-4 BULLS ADDITION TO SCHOOLCRAFT PART OF LOTS 3 -4 DES C AS FOL BEG AT PT ON W LI LOT 4 13.25 FT N OF SW COR THE REO |
Senior Community | None |
Interior Features
Total Fireplaces | 1 |
---|---|
Total Stories | 2 |
Basement (Y/N) | No |
Air Conditioning Y/N | No |
Heating Y/N | Yes |
Full Baths | 5 |
Street Suffix | Street |
Electric On Property Y/N | No |
Total Baths | 5 |
Exterior Features
Water Source | Public |
---|---|
Inclusions | {u'Real Estate': True} |
Lot Size Area | 0.24 |
Number of Buildings | 1 |
Spa | No |
Building Area Total | 4080.0 |
Lot Dimensions | 41.5x458.5x40x250 |
Lot Size Acres | 0.24 |
Lot Size Units | Acres |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool