122 W South Street Kalamazoo, MI 49007
This development opportunity is unique as it is surrounded by public alleys on three sides, so future apartments will enjoy abundant natural light. The ground floor hosts a long-standing tenant on a month-to-month lease and an unoccupied retail space, plus an area ideally suited for an elevator shaft. The current owners occupy the top two floors and are willing to remain as tenants, helping to offset holding costs. The basement boasts unusually high ceilings, perfect for tenant storage, and it remains moisture-free due to recent improvements. Renovations in 1987 included insulated double-hung windows, updated mechanical systems, and refreshed finishes on the upper levels. Situated on South Street, a quiet location ideal for high end apartments. Seller financing is available.
- Property TypeCommercial
- NeighborhoodN/A
- CountyKalamazoo
- Taxes$8,879
- HOA/Condo/Coop Fees$0
- Days on Site61 Days
- MLS StatusActive
- MLS ID Number24013198
- Home Size Source N/A
- Year Built1900
- Lot Size0.09 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Construction Brick
- Sewer Public Sewer
- Number of Stories 3
- Acreage 0.09
- Water Public
- Zoning D-1
- Cross Street Rose & Kalamazoo Mall
- Utilities Cable AvailablePhone ConnectedNatural Gas ConnectedElectricity Connected
- Foundation Block
Interior Features
- Heating Forced Air
- Fireplaces 1
- Fireplace Yes
Exterior Features
- Roof Composition
- Waterfront Property No
Community Features
- Township Kalamazoo City
- MLS Area Greater Kalamazoo - K