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126 E South St
Kalamazoo, MI 49007
Office Property For Sale
Investment Highlights
- Attached parking garage
- Long term tenancy
- Backup generator
- Soldi downtown investment
Executive Summary
Investment opportunity featuring a long-term lease to an established contract biotechnology laboratory serving pharmaceutical, cosmetic, and consumer health clients with genomic, biomarker, and cell-based testing. The specialized build-out includes five fully improved labs, dedicated conference room, and administrative/billing offices. Property offers an attached parking garage, substantial electrical capacity to support lab operations, and a low-impact, quiet tenancy ideal for an office or research environment.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,595 SF
Building Class
C
Year Built/Renovated
1978/2025
Price
$779,669 CAD
Price Per SF
$102.66 CAD
Cap Rate
8.03%
NOI
$62,625 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,595 SF
Slab To Slab
9’
Building FAR
0.87
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
D-2
Parking
500 Spaces (65.83 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
Property Taxes
| Parcel Number | 06-15-392-203 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $433,742 CAD |
Property Taxes
Parcel Number
06-15-392-203
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$433,742 CAD
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