4001 S 9th Street, Kalamazoo, MI 49009 (MLS# 22012040)

4001 S 9th Street, Kalamazoo, MI 49009

$2,900,000

Primary Photo - 4001 S 9th St, Kalamazoo

Property Type: Commercial Sale Square Footage: 56,370 Lot Size (sq. ft.): 627,264 Status: Sold

Current Price: $2,900,000 List Date: 4/11/2022 Last Modified: 8/03/2023

Overview

Description

INVESTMENT OPPORTUNITY: 56,370 SF light-industrial/warehouse facility on 14.40-acre parcel with 7+/- acres available for future development or expansion on Kalamazoo's west side. Constructed in 1988, with 1998 and 1999 additions, this steel-framed building offers 4,704 SF of office space and 51,666 SF of warehouse space with 16' – 22' ceilings, poured concrete floors with a guided rail system for transferring heavy loads between docks, high-efficient fluorescent lighting, fire suppression system, high-powered ventilation system, 9 leveling loading docks and 1 wash bay w/overhead door. Site offers 1 access drive, monument signage, 66 parking spaces and 6 box truck parking spaces. Property is located adjacent to the Oshtemo Business Park, with easy access to I-94 and US-131. Zoned

Supplements: I-R: Industrial District, Restricted in Oshtemo Township. Currently leased by long-term tenant, CORT Business Services Corporation, who is owned by Fortune 500 Company Berkshire Hathaway Company, through 7/31/27.

Listing Details MLS# 22012040

Location Property Info

County: Kalamazoo
Street #: 4001
Street Direction: S
Street Name: 9th
Suffix: Street
State: MI
Zip Code: 49009
Zip (4): 8120

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 14.4
Lot Square Footage: 627264
Lot Dimensions: Irregular
Year Built: 1988
Road Frontage: 320.57
Total # Units: Yes
# Fin Bldg Lvls: Yes
Total # Bldgs: 3
Total SqFt: 56370
Total Net SqFt: 56370
Property Use Type: Investment
Waterfront: No
School District: Kalamazoo

Tax Info

Tax ID #: 05-35-405-021
Taxable Value: 633000
SEV: 633000
For Tax Year: 2022
Seller's Annual Property Tax: 38206
Tax Year: 2021
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: I-R

Remarks Misc

Directions: Located on S. 9th Street, between Stadium Drive and West N Avenue.

Status Change Info

Under Contract Date: 2023-05-19
Sold Date: 2023-08-02
Sold Price/SqFt: 51.45

More Information

Additional Details

# Loading Docks/Well: 9
Total Parking Spaces: 72
Grd Lvl OH Doors: Yes
Ceiling Height: 16

Property Features

Property Use: Investment Uses: Distribution; Manufacturing Ownership: LLC Business Includes: Non-Applicable Construction Type: Steel Exterior Material: Metal Siding; Other Roofing: Metal Foundation: Slab Below Grade: None Additional Features: Expandable; Fire Sprinkler Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Driveway: Asphalt; Paved Street Type: Paved; Public Purchase Terms Avail: Cash Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: See Remarks

Listing Office: NAI Wisinski of West Michigan

Listing Agent: Jodi K Milks

Last Updated: August - 03 - 2023

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