For sale

1820 Lake Street
Kalamazoo, MI 49001

$1,750,000

Finished sq ft
47,825
Lot
6.20 acres
Year built
1946
Property type
C
County
Kalamazoo
MLS #
20230003206

About this home

Freestanding building available for sale/lease that sits along the main road, offering great signage, visibility, and access. Zoned M-2 Industrial and built in 1946.The existing building is 51,196 SF with the ability to expand it to 71,196 SF, add a second building in the rear, or use the excess land for additional truck/outdoor storage parking. Currently, it has 3,371 SF of office space and 47,825 SF of warehouse/storage space. Ownership will consider capital improvements and demising the building into smaller units for long-term lease transactions for credit tenants. Ceiling heights range from 8-6’ FT clear (office) to 19-4’ FT clear (warehouse) and has 480 volt / 3 phase / 400 amps electrical service with the ability to upgrade.Includes (1) loading dock and (4) overhead doors, (2) 2-ton cranes on heavy-duty monorail crane systems used for unloading trucks.Great site located 1.8 miles from the I-94 Freeway Ramp and almost directly on the business loop; within close proximity to Downtown Kalamazoo as well.The property sits within an Opportunity Zone, and the City of Kalamazoo offers the possibility of Community Incentives/Benefits.