136 Michigan Avenue, Kalamazoo

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$4,500,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Kalamazoo
  • County Kalamazoo
  • Township Kalamazoo City
  • Basement  
  • Acreage 0.17
  • Heat Type Steam
  • Central Air Chiller System
  • Year Built 74
  • Taxes 201803
  • SEV 3375300
  • Zoning CCBD
  • Parcel 390615382093
  • Lot Size 74x100.5
  •  

Features

DOWNTOWN KALAMAZOO OFFICE INVESTMENT OPPORTUNITY - Fifth Third Bank multi-tenanted building in downtown Kalamazoo, Michigan. This iconic, 90,000 SF office tower is situated in the middle of Kalamazoo's Central Business District, between the Kalamazoo Mall and Portage Street. Constructed in 1929, the Fifth Third Bank Building features 15 floors plus a full basement, Class A bank branch/bank office finishes on the ground and second floors, 2 public elevators, 2 private/service elevators and 4 stairwells. Investment has long-term tenant history, including Fifth Third Bank, The Connable Office, Lewis Reed & Allen, PC, the Irving S. Gilmore Foundation and Levine & Levine law firm. Current occupancy rate of 83%, with 7.1% cap rate on existing income.

Directions E. Michigan Avenue, between Kalamazoo Mall and Portage Street, in downtown Kalamazoo
Listing Courtesy of Jodi K Milks - Bradley Company

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All information provided is deemed reliable but is not guaranteed and should be independently verified.

Kathy FlemingRealtorĀ®, Reed City Realty, Inc

231-388-2454