3810 CORK Street, Kalamazoo

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$1,300,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Kalamazoo
  • County Kalamazoo
  • Township Kalamazoo City
  • Basement  
  • Acreage 2.48
  • Heat Type Forced Air
  • Central Air Central
  • Year Built 1988
  • Taxes 35097
  • SEV 477100
  • Zoning M-1
  • Parcel 390625489002
  • Lot Size Irregular
  •  

Features

INVESTMENT OPPORTUNITY - 8,069 SF free-standing restaurant on approx. 2.48-acre parcel in Kalamazoo, Michigan. Located adjacent to I-94, The Crew Family Restaurant & Bakery is an independently owned, family-style restaurant which benefits from neighboring hotels, close proximity to I-94 at the Sprinkle Road interchange and average daily interstate traffic of over 59,500. The restaurant serves traditional American food and was recently awarded second place for desserts in WWMT's Best of West Michigan 2016 online survey. Tenant has a long-term lease through 7/31/23, with an additional five-year option to renew, and the investment offering features an NOI of $90,000, with a 7% cap rate.

Directions SW corner of E. Cork Street and S. Sprinkle Road.
Listing Courtesy of Jodi K Milks - Bradley Company

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Brooke IltisRealtorĀ®, Big Rapids Realty

231-598-8424