MLS # 26035564 (Michigan Regional Information Center (MichRIC))

INVESTMENT: This confidential investment opportunity features a 7,200 SF retail building situated on 2.7 acres and 100% leased to an established cannabis retailer. With approximately nine years remaining on the current lease, the property offers long-term, stable cash flow in a strong retail corridor serving the west side of Kalamazoo, including the nearby Western Michigan University market. An executed Non-Disclosure Agreement (NDA) is required prior to the release of the investment package, lease, and additional property information.
Source: SparkMLS
2-bath home in Kalamazoo in Kalamazoo built in 1973.
Currently offered at $749,000.
Estimated annual property tax: $38,720, or about $3,227 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
On File
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Dave Keyte
Callander Commercial
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4525 W KL Avenue, Kalamazoo, MI 49006
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Municipality
Kalamazoo
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