904 Hotop Avenue, Kalamazoo

Industrial for Sale
Catylist Listing ID: 30569525
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 20,075 SF
Gross Building Area: See Agent
Gross Land Area: 2.34 Acres
Sale Price: $549,000
Unit Price: $27.35 PSF
Ceiling: 16 ft. / 35 ft. Clear
Docks/Doors: 3 Doors
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2020

Overview / Comments

Industrial building for purchase consisting of 20,075 SF on 2.34 acres, located at the intersection of Riverview and Hotop in Kalamazoo. A ceiling height of 35' in the 7,000 SF high-bay area and a 25-ton overhead crane add tremendous value, along with an 18' overhead door and two 14' overhead doors. An additional 10,275 SF of space has 14' ceilings, with another 2,800 SF of office space. The entire perimeter is fenced allowing for outdoor storage. Frontage along Riverview is zoned Commercial Mixed Use with potential for additional development. Also includes a 5-ton feeder crane. Centrally located to everything and two miles from northbound US-131.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: City of Kalamazoo
Tax ID/APN: 06-15-294-001
Zoning: CMU & RMU
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1970
Construction/Siding: Block, Steel Frame
Parking Type: Surface
Parking Description: On-site
Overhead Cranes: 2
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: RMU & CMU
Lot Frontage: 329
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 12564 M AMPERSE PLAT UNION ADDITION LOTS 22 THRU 29. ALSO E'LY 3/4 OF VACATED AMPERSEE AVE LYING W'LY OF & ADJACENT TO LOTS 22 THRU 26 OF SAID PLAT. ALSO THE FOLL DESC PARC: BEG AT THE SW COR OF HOTOP AVE & RIVERVIEW DR, TH S 99FT ALG THE W'LY ROW LI OF RIVERVIEW DR, TH W'LY 106.26FT, TH N'LY 99FT M-OR-L TO THE S R-O-W LI OF HOTOP AVE, TH E TO THE P-O-B. (CONT 2.3430 ACRES)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,459 77,280 141,307
Median Age: 29.54 32.1 33.11
Households: 3,228 29,730 57,757

Contact

Photograph of Listing Agent

Jonathon Hallberg

NAI Wisinski of West Michigan
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.