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Kalamazoo,MI 49007
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 13,020 sqft
Price per Sqft $145
Municipality Kalamazoo City
MLS Listing ID 24022482
Full Baths 8
Year Built 2014
Annual Tax Amount $31,621
Tax Year 2022
Lot Size 0.650 Acres
Acres 0.65
Lot Dimensions 100 x 150
Property Description
Fully Leased Investment Offering now Available. Located in the heart of River's Edge, Kalamazoo's best Live, Work, Play, Eat, and Shop area is the Norbridge Building. This architecturally unique facility, built in 2014, offers the discerning investor five highly desirable apartments and 8,474 square feet of leased office space. The commercial Tenant has extended through July of 2028. The office suite is the definition of ''cool,'' with an industrial feel, and is designed for Tenants seeking a collaborative work environment yet offering great options to a hybrid workforce. The office space consists of an open floorplan encompassing three floors centered around the open stairwell, which provides:
• Conference rooms.
• Private meeting rooms.
• An open kitchen area. " An outdoor deck overlooking the River's Edge District.
The apartments consist of 2 one-bedroom and three loft-style apartments. These apartments are consistently oversubscribed. As fast as the Landlords can turn them, they are reoccupied. The units offer their residents a stackable washer and dryer, private patio/deck, covered parking (1 space/unit), bicycle storage, and access to the 2,000 sf common area deck on the 3rd level. Norbridge is across the street from Louie's Trophy House Restaurant, Green Door Distilling, Brewery Outré, Walnut & Park Coffee, and within easy walking distance to Bell's Brewery, Sarkozy's Bakery, Hop Cat, 600 Kitchen and Bar. The Norbridge Building is only 100 yards from entry to the Kalamazoo River Valley biking trail, five blocks from the Amtrak and Bus Station, and only 12 minutes walking from the geographical center of downtown Kalamazoo. The property allows its tenants to Live, Work, Play, Eat, and Shop downtown.
Please note this listing incorporates multiple addresses (condo association). For more detailed information, see the listing agent. " An outdoor deck overlooking the River's Edge District.
The apartments consist of 2 one-bedroom and three loft-style apartments. These apartments are consistently oversubscribed. As fast as the Landlords can turn them, they are reoccupied. The units offer their residents a stackable washer and dryer, private patio/deck, covered parking (1 space/unit), bicycle storage, and access to the 2,000 sf common area deck on the 3rd level. Norbridge is across the street from Louie's Trophy House Restaurant, Green Door Distilling, Brewery Outré, Walnut & Park Coffee, and within easy walking distance to Bell's Brewery, Sarkozy's Bakery, Hop Cat, 600 Kitchen and Bar. The Norbridge Building is only 100 yards from entry to the Kalamazoo River Valley biking trail, five blocks from the Amtrak and Bus Station, and only 12 minutes walking from the geographical center of downtown Kalamazoo. The property allows its tenants to Live, Work, Play, Eat, and Shop downtown.
Please note this listing incorporates multiple addresses (condo association). For more detailed information, see the listing agent.
Location
State MI
County Kalamazoo
Area Greater Kalamazoo - K
Direction North of E Michigan Ave down Walbridge St, across the street from Louie's
Interior
Heating Forced Air
Cooling Central Air
Exterior
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Water Available,Sewer Available
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Tax ID 06-15-268-202
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash