500 E Butler Court Active Save Request In-Person Tour Request Virtual Tour
Kalamazoo,MI 49007
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,020 sqft
Price per Sqft $145
MLS Listing ID 66024022482
Year Built 2014
Annual Tax Amount $31,621
Lot Size 0.650 Acres
Property Description
Fully Leased Investment Offering now Available. Located in the heart of River's Edge, Kalamazoo's best Live, Work, Play, Eat, and Shop area is the Norbridge Building. This architecturally unique facility, built in 2014, offers the discerning investor five highly desirable apartments and 8,474 square feet of leased office space. The commercial Tenant has extended through July of 2028. The office suite is the definition of ''cool,'' with an industrial feel, and is designed for Tenants seeking a collaborative work environment yet offering great options to a hybrid workforce. The office space consists of an open floorplan encompassing three floors centered around the open stairwell, which provides: Conference rooms. Private meeting rooms. An open kitchen area.
" An outdoor deck overlooking the River's Edge District.
The apartments consist of 2 one-bedroom and three loft-style apartments. These apartments are consistently oversubscribed. As fast as the Landlords can turn them, they are reoccupied. The units offer their residents a stackable washer and dryer, private patio/deck, covered parking (1 space/unit), bicycle storage, and access to the 2,000 sf common area deck on the 3rd level. Norbridge is across the street from Louie's Trophy House Restaurant, Green Door Distilling, Brewery Outr??, Walnut & Park Coffee, and within easy walking distance to Bell's Brewery, Sarkozy's Bakery, Hop Cat, 600 Kitchen and Bar. The Norbridge Building is only 100 yards from entry to the Kalamazoo River Valley biking trail, five blocks from the Amtrak and Bus Station, and only 12 minutes walking from the geographical center of downtown Kalamazoo. The property allows its tenants to Live, Work, Play, Eat, and Shop downtown.
Please note this listing incorporates multiple addresses (condo association). For more detailed information, see the listing agent.
Location
State MI
County Kalamazoo
Area Kalamazoo
Zoning Other
Interior
Heating Forced Air,Central Air
Exterior
Pool No
Utilities Available Elevator
Waterfront no
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Block/Concrete/Masonry
Schools
School District Kalamazoo
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Unknown/Data Share Listings