$755,000 for Sale

232 e michigan avenue, kalamazoo, MI 49007

Property Description
Welcome to this prime mixed-use property offering a unique blend of commercial space and modern living. The first floor features a thriving commercial space leased for the past six years to a successful Pizza Shop, benefiting from high foot traffic on Michigan Avenue. Nestled between Green Top Tavern and the Kalamazoo Mall, it's situated in the heart of downtown Kalamazoo, an area experiencing a resurgence. Blocks away from the Kalamazoo Event Center, a $300M construction project that will play home to WMU basketball and hockey teams along with the Kalamazoo Wings. The property backs onto Bates Alley, renowned for its vibrant nightlife, enhancing its attractiveness to future tenants. The second floor boasts high ceilings and exposed brick walls adding character and appeal. It is comprised of two spacious residential units, a 1010 sq ft, 1 bedroom loft apt with a full bathroom and the second an 805 sq ft, studio apt with a full bathroom. The apartments underwent a generational renovation five years ago. Modern amenities in each unit include new finishes, windows, on-demand tankless water heater, in-unit washer/dryer, dishwasher, and stainless steel appliances. HVAC system last serviced and air ducts cleaned Spring 2025. An agreement is in place for parking in the Portage St. lot behind the building. This investment opportunity combines cash flow from rented units with commercial viability, set against a rich historical backdrop. Don't miss your chance to own a property in Kala
General Information
Sale Price: $755,000
Price/SqFt: $233
Status: Active
MLS#: rcomi20250021023
City: kalamazoo
Post Office: kalamazoo
Schools: kalamazoo
County: Kalamazoo
Acres: 0.4
Lot Dimensions: 20X85
Size: 3,240 sq.ft.
Acreage: 0.4 est.
Year Built: 1977
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0


IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders Listing By: Mark Whitehead of EXP Realty - Mark White & Associates, Phone: (269) 600-4397
Call Sarah Torres for more information about this property. (810) 447-1403

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Sarah Torres
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(810) 447-1403

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(810) 733-2226