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3810 E Cork Street,  Kalamazoo MI, 49001

8,069 sqft
Status: Active
MLS#: 16044103
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Last Updated: 12/4/2016 6:07 PM
Description for 3810 E Cork Street Kalamazoo, MI 49001
INVESTMENT OPPORTUNITY - 8,069 SF free-standing restaurant on approx. 2.48-acre parcel in Kalamazoo, Michigan. Located adjacent to I-94, The Crew Family Restaurant & Bakery is an independently owned, family-style restaurant which benefits from neighboring hotels, close proximity to I-94 at the Sprinkle Road interchange and average daily interstate traffic of over 59,500. The restaurant serves traditional American food and was recently awarded second place for desserts in WWMT's Best of West Michigan 2016 online survey. Tenant has a long-term lease through 7/31/23, with an additional five-year option to renew, and the investment offering features an NOI of $90,000, with a 7% cap rate.
Price
$1,300,000
Kalamazoo City
Kalamazoo
8,069 (approx)
16044103
Active
Listing Information
Theatre
Property Type: Other
2.48 Acres 8,069 (approx) $161.11
1988
Kalamazoo City
Public Water Service
Public Sewer, Storm Sewer
Cable TV, Electric, Natural Gas, Telephone
Neighborhood
School Information
District: Kalamazoo
ATTACHED
Room Information
Interior Features
Central Air
Gas Heat, Forced Air
Exterior / Lot Features
None
Irregular
M-1
Paved Road, Public Roads, Acreage
Driving Directions
SW corner of E. Cork Street and S. Sprinkle Road.
Financial Considerations
390625489002
$35,097
2016
Listing Price History

Kalamazoo Real Estate

Kalamazoo is located in Michigan. Kalamazoo, Michigan 49001 has a population of 74,494.

The median household income in Kalamazoo, Michigan 49001 is $31,189. The median household income for the surrounding county is $46,011 compared to the national median of $53,046. The median age of people living in Kalamazoo 49001 is 25.9 years.

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Courtesy: Bradley Company Jodi Milks
The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2016 Michigan Regional Information Center, LLC. All rights reserved.
Information is deemed reliable but is not guaranteed.

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