MLS # 26026463 (Michigan Regional Information Center (MichRIC))

Owner-user opportunity on Venture Park Drive, just off Stadium Drive in Oshtemo Township. This 6,800 SF office building sits on 1.236 acres in a market with limited opportunities for building ownership. The property is currently configured for a single tenant, but was previously occupied by two tenants and could be converted back to a multi-tenant layout, offering flexibility for an owner-user that may want to occupy all or a portion of the building. The building includes a functional mix of private offices, meeting rooms, open work areas, break room, storage, and 22 on-site parking spaces, equating to approximately 3.23 spaces per 1,000 SF. The existing tenant's lease runs through June 2027, providing a defined timeline for a future owner-user to plan for occupancy while benefiting from interim income during the remaining lease term.
Source: SparkMLS
Located in Oshtemo Township in Kalamazoo, this property offers 2-bath, with original construction dating to 1998.
Asking $899,900.
Estimated annual property tax: $24,493, or about $2,041 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 Kara Schroer
NAI Wisinski of West Michigan
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
5990 Venture Park Drive, Kalamazoo, MI 49009
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Municipality
Oshtemo Township
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