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$ 679,900
Est. payment | /mo
1 Bath
5,103 SqFt
$ 679,900
Est. payment | /mo
1 Bath
5,103 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,103 sqft
Price per Sqft $133
MLS Listing ID 66026023968
Year Built 2000
Property Description
Positioned near the corner of S. 11th Street & Stadium Drive, just a block from I-94, 2555 S. 11th Street sits within an established professional office setting offering excellent regional access & strong surrounding amenities. The property features well-maintained landscaping, a cared-for exterior & a perfectly designed interior office build-out, creating a polished, move-in-ready environment. Tenancy is stable and long term with medium length lease terms, and current rents are slightly below market, providing opportunity for future upside while preserving in-place cash flow. The asset suits both investors & owner-users as the current owner occupies space and is flexible, able to remain short term while an investor secures a new tenant, or vacate to accommodate an owner-occupant's timeline. With ample on-site parking, visibility & access in a proven office corridor, this is a compelling Kalamazoo office opportunity combining accessibility, stability, and clear value-add potential.Positioned at the corner of S 11th Street and Stadium Drive, just a block from I-94, 2555 S 11th Street sits within an established professional office park offering excellent regional access and strong surrounding amenities. The property features well-maintained landscaping, a cared-for exterior, and a well maintained interior office buildout, creating a polished, move-in-ready environment. Tenancy is stable and long term with medium length lease terms, and current rents are slightly below market, providing immediate upside while preserving in-place cash flow. The asset suits both investors and owner-users: the current owner occupies space and is flexible, able to remain short term while an investor secures a new tenant, or vacate to accommodate an owner-occupant's timeline, allowing an owner to leverage existing rental income to offset occupancy costs. With ample on-site parking, visibility, and access in a proven office corridor, this is a compelling Kalamazoo office opportunity combining accessibility, stability, and clear value-add
Location
State MI
County Kalamazoo
Area Area39051Oshtemotwp
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Paved
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Kalamazoo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Connor Schultze of NAI Wisinski of West Michigan
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Debra Katz
REALTOR® | Lic# 6501430267