Former Bank Branch - Kalamazoo, MI

Highlights:

• 3,226 SF former bank branch w/basement and approx. 702 SF 4-lane drive-thru
• Situated on 0.62-acre corner parcel with approx. 132’ of frontage on Portage St. and approx. 205’ of frontage on Golfview Ave.
• Constructed in 1951 - with 1990 renovation - existing floor plan offers a large lobby/customer service area, multiple private offices,
• vault room, unisex restroom and large, open basement with break room
• Site features 23 parking spaces, pylon signage and access from both Portage Rd. and Golfview Ave.
• Well located in the Milwood neighborhood, just 1/2 mile north of I-94 Interchange
• Neighboring tenants include Consumers Credit Union, Performance Plus Auto, Circle K Gas and Uncle Ed’s Oil Shoppe
• Zoned CC - Community Commercial District in the City of Kalamazoo
• Real Estate Taxes = $14,353 (2022)
• 2xSEV = $499,000 (2023)
• Bank closure January 2024

Description:

AVAILABLE FOR SALE: 3,226 SF former bank branch w/basement and approx. 702 SF, 4-lane drive-thru in Kalamazoo. Constructed in 1951 – with 1990 renovation – the existing floor plan features a large lobby/customer service area, multiple private offices, vault room, unisex restroom and large, open basement with break room. Situated on a 0.62-acre corner parcel with approx. 132’ of frontage on Portage Rd. and approx. 205’ of frontage on Golfview Ave., this property offers 23 parking spaces, pylon signage and access from both Portage Rd. and Golfview Ave. The site is well located in the Milwood neighborhood, just one-half mile north of the Portage Rd./I-94 Interchange and is zoned CC – Community Commercial District in the City of Kalamazoo, allowing for a wide variety of uses. Neighboring tenants include Consumers Credit Union, Performance Plus Auto, Circle K Gas and Uncle Ed’s Oil Shoppe.

Sale subject to Bank approval of Buyer’s intended use. Seller reserves the right to deed restrict against financial and marijuana uses. Property to be sold in “As is” “Where is” condition, with all faults and conveyed by Covenant Deed. Do not approach employees. Estimated close date 1/18/24. Seller does not have a survey, building drawings or environmental reports.

NE corner of Portage Rd. and Golfview Ave.