500 E Butler Court, Kalamazoo, MI

$1,900,000

Previous Next

8

Baths

13,020

Square feet

0.65

Acres

About 500 E Butler Court

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 Outré, 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.

Features of 500 E Butler Court

MLS® # 24022482
Price $1,900,000
Bathrooms 8.00
Full Baths 8
Square Footage 13,020
Acres 0.65
Year Built 2014
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 500 E Butler Court
Area Greater Kalamazoo - K
City Kalamazoo
County Kalamazoo
State MI
Zip Code 49007

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
# of Fireplaces 1

School Information

District Kalamazoo

Additional Information

Legal On File
New Construction No
Sewer Public Sewer
Water Public

Financial Details

Annual Property Tax $31,621
Tax ID # 06-15-268-202
Taxable Value 506224.00

Listing Details

AgentMarc Tourangeau
OfficeJaqua, REALTORS Commercial

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?