Legal Description 
$1,300,000
Kalamazoo, MI 49007
MLS# 14054697
Status: Sold
292492 sqft
1 / 2
Property Description
Park Trades Center building is about 158,000 SF w/120 tenants. Tenants are artisans. Building pays all utilities; there are a few tenants that are separately metered. There is somewhat limited parking. Total of four floors plus basement offer a variety of spaces to woodworkers, artists, clay, and glass blowing. This bldg is 95% occupied. Kalamazoo Enterprise Center is approximately 135,000 SF. Former Gibson Guitar Plant and 30 years ago was converted to multi-tenant industrial. Tenants are a mix of small to medium size companies. All docks and grade level doors are common area. Tenants share the use of fork lifts, scissor lifts and a variety of specialized equipment. For the bulk of the building, utilities are provided in rent. This bldg has around 40 tenants with one larger vacancy.
Details
Maps
Documents
Location Property Info
County: Kalamazoo
Street #: 326
Street Direction: W
Street Name: Kalamazoo
Suffix: Avenue
State: MI
Zip Code: 49007
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Sold
Current Price: $1,300,000
List Price: $2,000,000
Listing Date: 2014-09-15
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 5.28
Lot Square Footage: 229996.8
Lot Dimensions: TBD
Year Built: 1914
Road Frontage: 1
Total # Units: 2
# Fin Bldg Lvls: 4
Total # Bldgs: 2
Total SqFt: 292492
Waterfront: No
School District: Kalamazoo
Tax Info
Tax ID #: 0615308005
Taxable Value: 379244
SEV: 865800
For Tax Year: 2014
Seller's Annual Property Tax: 27241
Tax Year: 2013
Spec Assessment & Type: None known
Zoning: M-1
Remarks Misc
Directions: 326 W. Kalamazoo Avenue - West on Kalamazoo Avenue building is located on the corner of Kalamazoo Avenue and Park Street.
225 Parsons Street - North on Burdick Street, east on Parsons Street building is located on the corner of north Edwards Street and Parsons Street.
Status Change Info
Under Contract Date: 2014-12-04
Sold Date: 2014-12-31
Sold Price: $1,300,000
Sold Price/SqFt: 4.44
Additional Details
# Loading Docks/Well: 5
Grd Lvl OH Doors: 4
# Freight Elevators: 3
Property Features
Uses: Distribution; Manufacturing; Storage; Other
Ownership: Other
Business Includes: Furniture; Other
Construction Type: Block
Exterior Material: Block; Brick; Stone
Roofing: Stone
Below Grade: Partial
Additional Features: Bath Common Area; Multi User Facility
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air; Space Heater; Steam
Air Conditioning: Central Air; Window Unit(s)
Driveway: Shared Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: Other
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Listing Office: Signature Associates Kalamazoo
Listing Agent: Ted Vliek
Last Updated: November - 05 - 2021
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