
Description
This is Kalamazoo's best office-to-residential conversion opportunity in decades! Because it is surrounded by public alleys on three sides, future apartments will enjoy abundant natural light. The third floor has extra-high ceilings, creating the potential for loft living, and the location just two blocks from the WMU Med School means a constant supply of tenants. To offset holding costs, the ground floor has two month-to-month tenants, and the owner is willing to lease back a portion of the upper-level office space. Renovations in 1987 included double-hung windows, updated mechanicals, and refreshed finishes. Seller financing available.
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0BEDS
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0.09ACRES
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6BATHS
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01/2 BATHS
Description
This is Kalamazoo's best office-to-residential conversion opportunity in decades! Because it is surrounded by public alleys on three sides, future apartments will enjoy abundant natural light. The third floor has extra-high ceilings, creating the potential for loft living, and the location just two blocks from the WMU Med School means a constant supply of tenants. To offset holding costs, the ground floor has two month-to-month tenants, and the owner is willing to lease back a portion of the upper-level office space. Renovations in 1987 included double-hung windows, updated mechanicals, and refreshed finishes. Seller financing available.
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