Kalamazoo, MI 49007 500 E Butler Court

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Presented By: Marc R Tourangeau at Jaqua, REALTORS Commercial - (269) 216-4222
  • MLS# 24022482
  • 05/08/2024
  • Get pre-approved
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  • Baths • 8

Home Details

Fully Leased Investment Offering now Available. Located in the heart of River's Edge, Kalamazoo's best Live, Work, Play, Eat, and Shop area is the Norbridge Building. This architecturally unique facility, built in 2014, offers the discerning investor five highly desirable apartments and 8,474 square feet of leased office space. The commercial Tenant has extended through July of 2028. The office suite is the definition of ''cool,'' with an industrial feel, and is designed for Tenants seeking a collaborative work environment yet offering great options to a hybrid workforce. The office space consists of an open floorplan encompassing three floors centered around the open stairwell, which provides: • Conference rooms. • Private meeting rooms. • An open kitchen area. " An outdoor deck overlooking the River's Edge District. The apartments consist of 2 one-bedroom and three loft-style apartments. These apartments are consistently oversubscribed. As fast as the Landlords can turn them, they are reoccupied. The units offer their residents a stackable washer and dryer, private patio/deck, covered parking (1 space/unit), bicycle storage, and access to the 2,000 sf common area deck on the 3rd level. Norbridge is across the street from Louie's Trophy House Restaurant, Green Door Distilling, Brewery Outré, Walnut & Park Coffee, and within easy walking distance to Bell's Brewery, Sarkozy's Bakery, Hop Cat, 600 Kitchen and Bar. The Norbridge Building is only 100 yards from entry to the Kalamazoo River Valley biking trail, five blocks from the Amtrak and Bus Station, and only 12 minutes walking from the geographical center of downtown Kalamazoo. The property allows its tenants to Live, Work, Play, Eat, and Shop downtown. Please note this listing incorporates multiple addresses (condo association). For more detailed information, see the listing agent.
Presented By: Marc R Tourangeau at Jaqua, REALTORS Commercial - (269) 216-4222

Interior Features for 500 E Butler Court

Bathrooms

Total Baths8

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Heating Y/NYes
Total Stories3

General for 500 E Butler Court

Additional Parcels Y/NNo
Business TypeProfessional/Office
CityKalamazoo
CoolingCentral Air
CountyKalamazoo
DirectionsNorth of E Michigan Ave down Walbridge St, across the street from Louie's
Electric On Property Y/NNo
Full Baths8
HeatingForced Air
High School DistrictKalamazoo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionOn File
Lot Size Square Feet28314.0
Lot Size UnitsAcres
MLS AreaGreater Kalamazoo - K
MLS Area MinorGreater Kalamazoo - K
MobileHomeRemainsYNNo
ModificationTimestamp2024-10-16T20:28:45Z
New ConstructionNo
NumberOfUnitsTotal1
Property SubTypeOffice
Property TypeCommercial Sale
Rent Control Y/NNo
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount31621.0
Tax Assessed Value506224
Tax Year2022
TermsConventional, Cash
TownshipKalamazoo City
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available
Waterfront Y/NNo
Year Built2014
Zoning DescriptionCMU

Exterior for 500 E Butler Court

Building Area Total13020.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions100 x 150
Lot Size Acres0.65
Lot Size Area0.65
Number of Buildings1
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

Holly Welsh

Price $1,900,000
MLS#24022482
List Date 05/08/2024
Property Type Commercial
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