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$ 1,500,000
Est. payment /mo
Active
1500 Fraternity Village Drive Kalamazoo, MI 49006-5937
8,772 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 8,772 sqft
Price per Sqft $170
Subdivision Mi
MLS Listing ID 70506518
Year Built 1998
Annual Tax Amount $24,647
Tax Year 2024
Lot Size 1.110 Acres
Acres 1.11
Lot Dimensions 151 x 323 x 149 x 320
Property Sub-Type Business
Property Description
This property has been leased to a sorority for the past 18 years and offers exceptional income potential. The residence features 16 bedrooms plus a dedicated house-mother suite, a commercial-grade kitchen, and on-site laundry facilities. Recent upgrades include a new roof and laminate flooring throughout. With its large capacity and institutional-grade amenities, this property is ideal for group housing, student living, or continued sorority/fraternity use. - See attached floor plan. Seller is a licensed Real Estate Broker in the State of Michigan.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Interior
Heating Forced Air
Exterior
Roof Type Composite
Building
Structure Type Aluminum,Brick,Frame,Wood
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Berkshire Hathaway HomeServices MI