550 E Cork St - Freestanding FOR SALE


Kalamazoo, MI 49001- Millwood
$475,000 USD
616-291-4411
550 E Cork St, Kalamazoo, MI for Sale
$475,000 USD
Freestanding - FOR SALE
1/29
null | Request Cap Rate

550 E Cork St
Kalamazoo, MI 49001
Millwood


OVERVIEW

3,696 sq ft. building with showroom and 4 separate offices in the front and a large warehouse in the back with kitchen, additional receiving office and garage. Originally built in 2003 property was used as an Office Equipment Sales and Service Company until 2016. Last 8 years has been used as a Laboratory for Cannibis Testing, so it is a State approved ''green zone'' building (which means it can be situated any distance from Cannibis Dispensaries without infringement or rights violations). It has also been set up with all necessary requirements for Laboratory such as Nitrogen and Argon connections run through the Lab area to the supply tank location behind the building. Receiving office was used as a cool room, so it has a separate A/C unit, and there is also a (state required) emergency shower installed in the kitchen area. Electrical has been upgraded to 2 separate 220V panels so the warehouse / Lab area operates independently of the rest of the building. Shingles Replaced 2018

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,489 SF

ZONING

M-2

APN/PARCEL ID

06-34-226-004

ASK ABOUT THIS PROPERTY

Brian McDonaldRE/MAX ExecutiveMore Info
616-291-4411

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Brian McDonaldRE/MAX ExecutiveMore Info
616-291-4411

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