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2323 Gull Kalamazoo MI, 49048

Price:

$

659,000

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62,291

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OFFICE INVESTMENT OPPORTUNITY: 100% occupied, multi-tenanted office complex offering 11,260 SF on a 1.43-acre parcel on Kalamazoo's east side. Constructed in 1979, this ADA-accessible property consists of 5 individual buildings. Tenants include Guardian Finance, MiPEHS, State Farm, Wicks' Therapy, A-1 Physical Therapy and Midwest Receivable Solutions. Property is well located on Gull Rd., between Ascension Borgess Hospital and retail corridor, and offers large, convenient parking field with 2 access drives and monument/building signage. Zoned RM-2, Multiple Family/Mixed-Use District in Kalamazoo Township. A great investment opportunity at an 11% cap rate based on in-place income.

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