The Old Towne Building is for sale. 12 unique apartments and 12,000 square feet of office/commercial space in the very desirable Downtown Kalamazoo Central Business District. See attached Documents for Floor Plans, Current Rent Roll and Operating Statements. Apartments are Fully Leased through July 20, 2020 and Finished Office Space is fully occupied. 4,500 square feet of basement space still unfinished that could add value via future expansion. Total Gross Monthly Rent is $14,852.43. Units are in excellent condition. Shared Coin Operated Laundry, Shared Exterior Sun Deck. Apartments pay all separate utilities. Office Tenants Utilities Included. Offices have Central Air Conditioning. This location qualifies as a Qualified Opportunity Zone. Please Visit www.OldTowneBuilding.
|--||New Value: $1,479,000|
|10/16/2019 11:37:00 AM|