$736,000

232 E Michigan Avenue, Kalamazoo, MI 49007

  • 2 baths |
  • 3,240 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1977
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $227/sqft
  • Property List Date Icon Listed 0 years ago

Property Description

Welcome to this prime mixed-use property offering a unique blend of commercial space and modern living. The first floor features a thriving commercial space leased for the past six years to a successful Pizza Shop, benefiting from high foot traffic on Michigan Avenue. Nestled between Green Top Tavern and the Kalamazoo Mall, it's situated in the heart of downtown Kalamazoo, an area experiencing a resurgence. Blocks away from the Kalamazoo Event Center, a $300M construction project that will play home to WMU basketball and hockey teams along with the Kalamazoo Wings. The property backs onto Bates Alley, renowned for its vibrant nightlife, enhancing its attractiveness to future tenants. The second floor boasts high ceilings and exposed brick walls adding character and appeal. It is comprised of two spacious residential units, a 1010 sq ft, 1 bedroom loft apt with a full bathroom and the second an 805 sq ft, studio apt with a full bathroom. The apartments underwent a generational renovation five years ago. Modern amenities in each unit include new finishes, windows, on-demand tankless water heater, in-unit washer/dryer, dishwasher, and stainless steel appliances. HVAC system last serviced and air ducts cleaned Spring 2025. An agreement is in place for parking in the Portage St. lot behind the building. This investment opportunity combines cash flow from rented units with commercial viability, set against a rich historical backdrop. Don't miss your chance to own a property in Kalamazoo's growing downtown scene. Leases and detailed financials are available for review upon request with a Confidentiality Agreement submitted. Video tour available if needed. Please contact Yousif for additional information or with any questions.

Listing Status:
Active
Date Added:
April 8, 2025
Data Last Updated:
April 4, 2026 at 11:48PM
Listing Office:
EXP Realty - Mark White & Associates : 269-600-4397
Listing Agent:
Yousif Oraha : 248-346-0745
MLS ID:
60382458
  • Basement: Block
  • Heating: Forced Air
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Kalamazoo Public School District
  • County: Kalamazoo
  • Zoning: 288 ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOOLiber 6 of Plats Page 8; THAT PART OF SWLY 20FT OF NELY 21.25FT OF LOT 99 N OF BATES ALLEY. PA 255 8780042
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Yousif Oraha , EXP Realty - Mark White & Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln International Studies School

912 N Burdick St, Kalamazoo, MI, 49007

Grades PK-5

0.60 miles away

L

Lets Talk About It Girls Home

1004 Conant St, Kalamazoo, MI, 49007

Grades 6-12

1.01 miles away

K

Kalamazoo Area Math and Science Center

600 W Vine St, Kalamazoo, MI, 49008

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.