2 W Michigan Avenue $3,000,000

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    2 W Michigan Avenue Kalamazoo, MI 49001

    Closed
    SOLD 10/28/2022

    $3,000,000

    Market Estimate
    • 5,000 sq. ft.
    • 0.30 Acres
    • Commercial
    • MLS# 22030313
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    Views: 67

    Property Details

    ADDRESS USED IS FOR MARKETING PURPOSES ONLY. CONFIDENTIAL LISTING - Company is a high-tech innovative business that has been 20 years in the making that makes alternative medical devices. The business is highly profitable and the owner is willing to teach a new owner the business for a period of time. Sale includes the business, software, equipment, inventory (up to a maximum of $150,000) and real estate. There is a long term tenant in the building for additional rental income. Reason for selling is retirement.

    • General Features
      • Year Built 1998
      • New Construction Y/N false
      • Business Type Distribution,Manufacturing
      • County Or Parish Kalamazoo
      • Property Sub Type Business
      • Tax Annual Amount 1.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Construction Materials Metal Siding
      • Building Area Total 5000.0
      • Roof Composition
      • Number Of Units Total 1
      • Heating Y/N true
      • Heating Forced Air
      • Full Bathrooms 2
      • Bathrooms 2
      • Parking Total 15.0
    • Property Features
      • Lot Size Acres 0.3
      • Lot Size Area 0.3
      • Number Of Buildings 1
      • Utilities Telephone, Public Water, Public Sewer
      • Water Source Public
    • Schools
      • High School District Kalamazoo

    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
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        10/28/2022 2:00:00 AM Sold Source: Multiple Listing Service New Value: $3,000,000
        10/24/2022 7:44:14 AM Status Changed Source: Multiple Listing Service New Value: Pending
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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.