232 E Michigan, Kalamazoo, MI
Local realty services provided by:CENTURY 21 Realty North
232 E Michigan,Kalamazoo, MI
$736,000
- - Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: yousif oraha
Office: exp realty - mark white & associates
MLS#:60382458
Source:MI_REALSOURCE
Price summary
- Price:$736,000
About this home
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.
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Home facts
- Year built:1977
- Listing ID #:60382458
- Added:247 day(s) ago
- Updated:November 21, 2025 at 11:22 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1977
- Lot area:0.04 Acres
Utilities
- Water:Public Water
Finances and disclosures
- Price:$736,000
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