3810 E Cork Street

Kalamazoo, Michigan 49001

John D'Ambrogio

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Square Footage

Property Type
Retail Store

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.

Full Features
Lot Size: 2.48 acres - 108,028 square feet
Built: 1988
Parking Spaces: 221
Cooling System: Central
Stories: 1.00
Roof: Stone
Potential Use: Bar/Tavern/Lounge, Restaurant
Zoning: M-1
Rentable Square Feet: 8,069
Retail Square Feet: 8,069
Current Net Income: $90,000

Taxes & Assessments
Taxes: $35,097

Listing Office: Bradley Company

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3810 E Cork Street Kalamazoo, Michigan 49001 is a retail store property, which sold for $1,300,000. Want to learn more about 3810 E Cork Street Kalamazoo, Michigan 49001? Contact an @properties agent to request more info.

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