500 Butler Ct Kalamazoo, MI 49007
- Office Properties & Spaces
- 13,020 SF
- 0.65 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 500 Butler Ct
- Year built
- 2014
- Lot size
- 0.65 lot acres
- Property size
- 13,020 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 13,020 square foot mixed-use property in Kalamazoo, MI, presents a compelling investment opportunity. Situated on a 0.65-acre lot in the vibrant River's Edge district, this architecturally unique 2014-built building boasts 8,474 square feet of leased office space, secured through July 2028, and five highly sought-after apartments. The office space features a trendy industrial design, perfect for collaborative work environments, including three floors with open floor plans, conference rooms, private meeting rooms, and an open kitchen area. An outdoor deck provides stunning views of the River's Edge. The five apartments (two one-bedroom and three loft-style) are consistently fully occupied, featuring amenities such as stackable washer/dryers, private patios/decks, covered parking, bicycle storage, and access to a 2,000 square foot common area deck. The building's prime location offers unparalleled convenience, with proximity to numerous restaurants, breweries, coffee shops, and the Kalamazoo River Valley biking trail. It's also within walking distance of the Amtrak and bus station and downtown Kalamazoo. This property allows tenants to seamlessly integrate living, working, dining, and entertainment within a thriving urban setting. The asking price is $1,700,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Longitude
- -85.57629
- Latitude
- 42.29716