1820 Lake Street $2,050,000

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    1820 Lake Street Kalamazoo, MI 49001

    • 51,196 sq. ft.
    • 6.20 Acres
    • Commercial
    • MLS# 22026508
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    Views: 56 Days On Site: 163

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    Property Details

    Under new ownership and renovations are planned for Fall 2022. This freestanding building sits along Lake Street, and offers great signage, visibility, and access. It is located 1.8 miles from I-94, almost directly on the business loop, near Downtown Kalamazoo and is zoned M-2 Industrial. The building is 51,196 SF and sits on 6.2 Acres, which will allow the ability to expand the building to 71,196 SF and/or have ample additional parking. Currently, the layout offers 3,371 SF of office space, and 47,825 SF of warehouse/storage space. The ceiling heights range from 8' 6" clear (office) to 19' 4" clear (warehouse) and has 480 volt / 3 phase / 400 amps electrical service. It also includes: (1) loading dock, (4) overhead doors, (2) 2-ton cranes on heavy duty monorail crane systems. * The lease rate quoted is for the space in its "as is" condition.

    • General Features
      • Year Built 1946
      • New Construction Y/N false
      • Business Type Distribution,Storage,Manufacturing
      • County Or Parish Kalamazoo
      • Property Sub Type Industrial
      • Tax Annual Amount 18406.87
    • Building Features
      • Construction Materials Block, Metal Siding
      • Building Area Total 51196.0
      • Roof Other, Stone
      • Number Of Units Total 1
      • Heating Y/N true
      • Heating Forced Air, Space Heater
      • Full Bathrooms 2
      • Bathrooms 2
    • Property Features
      • Lot Size Acres 6.2
      • Lot Size Area 6.2
      • Number Of Buildings 1
      • Utilities Public Water, Public Sewer
      • Water Source Public
    • Schools
      • High School District Kalamazoo

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    Neighborhood

    49001 (Kalamazoo) Demographics

    32 Median Age
    2,805 Population Density (per sq. mile)
    37% College Educated
    $46,124 Estimated Median Income
    4,727 Estimated Total Home Owners
    4,363 Estimated Total Renters
    52% / 48% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,808 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $165,500 Median Sales Price
    36 Homes Sold
    16 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,050,000
        12/5/2022 9:44:08 PM Price Reduced Source: Multiple Listing Service New Value: $2,050,000 -31.44%
        6/27/2022 9:22:00 PM New in Database Source: Multiple Listing Service New Value: $2,990,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.