350 E Michigan Ave - Medical FOR SALE


Kalamazoo, MI 49007- Downtown Kalamazoo
$3,975,000 USD
269-459-0435
350 E Michigan Ave, Kalamazoo, MI for Sale
$3,975,000 USD
Medical - FOR SALE
1/9
null | Request Cap Rate

350 E Michigan Ave
Kalamazoo, MI 49007
Downtown Kalamazoo


OVERVIEW

Columbia Plaza offers a rare opportunity to acquire one of Downtown Kalamazoo's most recognizable commercial properties. The approximately 58,965 SF building features established in-place income, owner-occupancy potential, flexible suite layouts, convenient on-site parking, a signature five-story atrium lobby, and Sarkozy Bakery located within the building. Originally developed as a landmark hotel, the property blends historic character with modern functionality and has been professionally maintained by long-term ownership. Current ownership is committing to a new roof and elevator code modernization, helping reduce near-term capital needs. With its downtown location, available suites, and approximately +/- 0.6 acres of excess land, Columbia Plaza offers a strong opportunity for an owner-occupant, investor, or growing organization seeking a prominent downtown presence with future expansion potential.

FOR SALE DETAILS

PRICE

$3,975,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Columbia Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

D2

APN/PARCEL ID

06-15-420-115

ASK ABOUT THIS PROPERTY

Kara Schroer, CCIMNAI Wisinski of West MichiganMore Info
269-459-0435

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Kara Schroer, CCIMNAI Wisinski of West MichiganMore Info
269-459-0435

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.