232 E Michigan Avenue
Kalamazoo, MI 49007
- – beds
- 2 baths
- 3,240 sqft
- 1,742 sqft lot
- $239 per sqft
- 1977 build
- – on site
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.
Last checked:
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Last updated Apr 10, 2025
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MLS# 20250023924 —
The Building
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Year Built:1977
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Year Remodeled:2020
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New Construction:false
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Construction Materials:Brick
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Architectural Style:CommonEntryBuilding, Duplex, Loft
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Levels:Two
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Basement:Unfinished
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Basement:true
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Foundation Details:Basement, Block
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Above Grade Finished Area:3240.0
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Below Grade Total Area:1700
Interior
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Fireplace:false
Room Dimensions
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Living Area:3240.0
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Living Area Source:PublicRecords
Location
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Directions:East of Portage Street, Heading North On Westnedge Avenue, Turn Right To Head East On East Michigan Avenue To The Property.
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Cross Street:E of Portage St / E off Michigan Ave
The Property
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Parcel Number:0615378198
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.04
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Lot Size Area:0.04
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Lot Size Dimensions:20X85
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Lot Size Units:Acres
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Zoning Description:Commercial,Multi-Family,Multiple
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Road Frontage Feet:20
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (947) 500-6003
- Office phone:
- (269) 600-4397
Taxes
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Tax Legal Description:288 ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOO, Liber 6 of Plats Page 8; THAT PART OF SWLY 20FT OF NELY 21.25FT OF LOT 99 N OF BATES ALLEY. PA 255 8780042
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Tax Assessed Value:151600
Baths
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Total Baths:2
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Full Baths:2
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Kalamazoo
The Community
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Subdivision Name:ORIGINAL PLAT - CITY OF KALAMAZOO
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Call
Parking
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Attached Garage:false
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Parking Features:ParkingLot, OffSite, Paved
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/8/25
Apr 8, 2025
|
Listed / Active | REALCOMP | $775,000 | 15.7% |
7/17/24
Jul 17, 2024
|
REALCOMP | $670,000 |