For Sale
653-655 Lake Street, Kalamazoo, MI 49001
$120,000
MLS # 26026214 (Michigan Regional Information Center (MichRIC))
1 bathBuilt 19530.73 acres
1 / 3
Listing Description
Lots of potential at a low price! This building does not currently have power, heat or water in the building. Live Work 1(LW1) zoning allows a wide range of possible uses includes residential, commercial, or a combo of both. See attached LW1 Zoning Permitted Use Sheet.
Source: SparkMLS
About this home
Located in Kalamazoo in Kalamazoo, this property offers 1-bath, with original construction dating to 1953.
Currently offered at $120,000.
Estimated annual property tax: $3,513, or about $293 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.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeIndustrial
Bathrooms1
Lot Size0.73 acres
Year Built1953
Location
CityKalamazoo
MunicipalityKalamazoo City
Zip Code49001
CountyKalamazoo
School DistrictKalamazoo
Construction & Systems
HeatingNone
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed5/31/2026
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$3,513
Tax Year2025
Assessed Value$44,047
Parcel #06-22-426-007 & 06-22-296-003
Source: SparkMLS
Legal Description
Long- see attached
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by William J Zehner
O'Brien Real Estate
Frequently Asked Questions about 653-655 Lake Street, Kalamazoo, MI 49001
Which school district serves 653-655 Lake Street, Kalamazoo, MI 49001?
Per MLS# 26026214, 653-655 Lake Street, Kalamazoo, MI 49001 is in the Kalamazoo boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Kalamazoo directly to confirm enrollment eligibility.
What financing options are available for 653-655 Lake Street, Kalamazoo, MI 49001?
Per MLS# 26026214, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 653-655 Lake Street, Kalamazoo, MI 49001?
Per public tax records, annual property taxes for this property are $3,513 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 653-655 Lake Street, Kalamazoo, MI 49001 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 653-655 Lake Street, Kalamazoo, MI 49001 in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 653-655 Lake Street, Kalamazoo, MI 49001?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Kalamazoo City police department or the Kalamazoo County sheriff's office.
Map
Mortgage Calculator
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Monthly payment$778
Principal & interest$778
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
653-655 Lake Street, Kalamazoo, MI 49001
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Municipality
Kalamazoo
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