Kalamazoo, MI 49007 122 W South Street
$1,200,000
35 more
Presented By: Rob Peterson at Dover Birch & Associates - (269) 443-0033
Baths • 4
Home Details
This development opportunity is unique as it is surrounded by public alleys on three sides, so future apartments will enjoy abundant natural light. The ground floor hosts a long-standing tenant on a month-to-month lease and an unoccupied retail space, plus an area ideally suited for an elevator shaft. The current owners occupy the top two floors and are willing to remain as tenants, helping to offset holding costs. The basement boasts unusually high ceilings, perfect for tenant storage, and it remains moisture-free due to recent improvements. Renovations in 1987 included insulated double-hung windows, updated mechanical systems, and refreshed finishes on the upper levels. Situated on South Street, a quiet location ideal for high end apartments. Seller financing is available.
Presented By: Rob Peterson at Dover Birch & Associates - (269) 443-0033
Interior Features for 122 W South Street
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)Yes
Heating Y/NYes
Total Stories3
General for 122 W South Street
Additional Parcels Y/NNo
Body of WaterSHARPS LAKE
Business TypeProfessional/Office, Professional Service, Restaurant, Bar/Tavern/Lounge, Retail
CityKalamazoo
Construction MaterialsBrick
CountyKalamazoo
DirectionsFrom South Street & the Kalamazoo Mall, west to property
Electric On Property Y/NNo
Full Baths4
HeatingForced Air
High School DistrictKalamazoo
Land Lease Y/NNo
Lease Considered Y/NYes
Lease Renewal Y/NNo
Legal DescriptionSee attached legal desription
Lot Size Square Feet3920.0
Lot Size UnitsAcres
MLS AreaGreater Kalamazoo - K
MLS Area MinorGreater Kalamazoo - K
MobileHomeRemainsYNNo
ModificationTimestamp2024-07-22T12:56:20Z
New ConstructionNo
NumberOfUnitsTotal3
Property SubTypeRetail
Property TypeCommercial Sale
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount8879.0
Tax Assessed Value124543
Tax Year2023
TermsConventional, Contract, Cash
TownshipKalamazoo City
UtilitiesCable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Broadband
Waterfront Y/NNo
Year Built1900
Zoning DescriptionD-1
Exterior for 122 W South Street
Building Area Total9354.0
Crops Included Y/NNo
Foundation DetailsBlock
Horse Y/NNo
InclusionsNon-Applicable
Irrigation Water Rights Y/NNo
Lot Dimensions52x58
Lot Size Acres0.09
Lot Size Area0.09
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Melissa Robinson
Broker
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License #543277