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Listing provided courtesy of Berner Real Estate- MLS# 25003841MLS Provider

1381 S Drake RoadKalamazoo, MI 49006

Commercial · 5 Full Baths · 7,735 Sq. ft. | 0.62 Acres
$949,000 Active

1381 S Drake Road Overview

Time on Site:
513 days
Visits:
1

Strip Center/Mall w/7 units 3 rented - (2) 2 units w/1,900 approx. square feet each - both vacant. Ideal for your business. High visibility retail/service rapid growing corridor. Strong traffic & stop lights. Near Costco, Walters Auto & Western University Campus. Located N of Stadium Dr. Present tenants: Hungry Howes (Long term tenant), plus 2 other occupants. (Barber & Photographer)

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1381 S Drake Road Facts & Features

  • Type Commercial
  • Sq. ft. 7,735
  • Price/Sq.ft. $123
  • Lot 0.62 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1985

Location/Region

  • County Or Parish: Kalamazoo
  • MLS Area Major: Greater Kalamazoo - K
  • MLS Area Minor: Greater Kalamazoo - K

Rent/Lease Information

  • Tenant Pays: Electric,Gas,Trash

Tax Information

  • Tax Annual Amount: 17225.0

General Information

  • Parcel Number: 0619365001
  • Property Sub Type: Business
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Total: 5

Building Interior

  • Building Area Total: 7735.0

General Information

  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Acres: 0.62
  • Lot Size Area: 0.62
  • Lot Size Dimensions: 325 x 83
  • Lot Size Square Feet: 26975.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding

General Information

  • Number Of Units Total: 7
  • Utilities: Cable Available,Natural Gas Connected,Electricity Connected

1381 S Drake Road Neighborhood

Community

49006 (Kalamazoo) Demographics

23
Median Age
4,260
Population Density (per sq. mile)
56%
College Educated
$39,240
Estimated Median Income
3,798
Estimated Total Home Owners
6,645
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1381 S Drake Road Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1381 S Drake Road Market Data

Based on the last 30 days in this zip code

$271,274
Average List Price
$160
Average Price per Square Foot
18
Properties Sold
62
Average Days on Market
125
Properties for Sale
Calculations provided by Reliance Network