Kalamazoo, MI Conventional Restaurants for Sale

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15 properties

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Updated: Oct 16, 2023

Downtown Storefront Building

100 N Edwards Street, Kalamazoo, MI 49007

$1,100,000

12,000 sqft 0.16 AC lot

Downtown Kalamazoo building built in 1893
Block and brick construction with composition roof
Forced‑air heating and central air conditioning
Cable available and broadband interior feature
Includes basement and 2 bathrooms (Bathroom 1 and Bathroom 2)

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This listing looks promising.

Here's a quick look at some key insights for

100 N Edwards Street, Kalamazoo, MI 49007

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Est. Cap Rate

7.5%
Above avg (5.9%)
Est. NOI

$83K
Annual
Price @ 7% Cap

$1.18M
Above asking

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Updated: May 29

Freestanding Restaurant Building

3811 S Westnedge Avenue, Kalamazoo, MI 49008

$650,000

2,623 sqft

High‑traffic location on South Westnedge Avenue in an established commercial corridor.
Convenient access to I‑94 (1.5 miles).
Existing restaurant‑oriented improvements including a dining area with a fireplace, a bar area, and a kitchen area.
Pylon signage with a digital sign for high visibility.
On‑site parking.

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Brick Restaurant Building with New Roof

2814 Portage Street, Kalamazoo, MI 49001

$399,000

26,136 sqft 0.60 AC lot

Restaurant property with upgraded HVAC, central air, and a flexible dining-service layout.

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Turn-Key Bar Restaurant

3013 Oakland Drive, Kalamazoo, MI 49008

$359,900

4,100 sqft

Bar and restaurant offering 4,100 sf with seating for 160+ and a full liquor license included.

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Restaurant Building with New Roof

2814 Portage Street #1, Kalamazoo, MI 49001

$399,000

26,136 sqft

Updated HVAC systems support flexible restaurant configurations, from quick-service concepts to sit-down dining.

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Renovated Restaurant Space

234 W Michigan Avenue, Kalamazoo, MI 49007

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1,591 sqft

Historic brick-and-masonry character, a full basement, and six rear parking spaces support restaurant operations.

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Freestanding Restaurant Retail Building

3811 S Westnedge Avenue, Kalamazoo, MI 49008

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2,623 sqft

Freestanding building with on-site parking, fenced patio, and restaurant kitchen improvements for food and service uses.

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Two-Level Conventional Restaurant Building

6225 D Avenue West, Kalamazoo, MI 49009

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7,000 sqft 2.23 AC lot

Two restaurant spaces provide separate kitchens, bar areas, and flexible event and patio amenities.

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Turnkey Restaurant on High-Traffic Corner

1844 S Westnedge Ave, Kalamazoo, MI 49008

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3,539 sqft

Turnkey restaurant with high visibility and seating for 150.

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Restaurant Building with Patio

7000 Stadium Drive, Kalamazoo, MI 49009

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3,000 sqft

The property features a three-way stone fireplace, commercial exhaust hood, and outdoor cement patio.

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Restaurant Building with Upgraded HVAC

2814 Portage St 1, Kalamazoo, MI 49001

$399,000

Restaurant layout supports pizza, fast-food, and sit-down concepts.

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Restaurant Building with New Roof

1-2814 Portage St, Kalamazoo, MI 49007

$399,000

Restaurant building on Portage Street with upgraded HVAC and a recently installed roof.

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Freestanding Neighborhood Grill & Bar

5330 W MAIN ST, Kalamazoo, MI 49009

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5,621 sqft 1.16 AC lot

Freestanding Applebee’s restaurant on an outlot with direct West Main Street frontage and long-term tenant operation.

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Corner Restaurant Site with Parking

4311 & 4321 S. Westnedge Ave, Kalamazoo, MI 49008

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1.11 AC lot

Two vacant restaurant buildings sit on a corner site with abundant parking and access from Westnedge and Pratt.

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Pizza Restaurant Business

3815 East Cork Street, Kalamazoo, MI 49001

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For sale Godfather Pizza business with dine-in, carry-out, and delivery service plus included fixtures.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 15 Active listings in Kalamazoo, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turn-Key Concert Venue and Brewery

117 E Allegan Street, Otsego, MI 49078

$1,283,000

7,148 sqft 0.33 AC lot

For sale turnkey hospitality property with concert stages, restaurant operations, brewery setup, and a Class C liquor license.

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Iconic Restaurant and Banquet Venue

1071 32nd Street, Allegan, MI 49010

$2,900,000

35,880 sqft 22.30 AC lot

Turnkey restaurant and banquet venue on 22.3 acres.

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Historic Restaurant with Banquet Space

Allegan, MI 49010

$2,900,000

35,880 sqft 22.30 AC lot

The property combines a steakhouse operation with an adjacent setting for weddings, community gatherings, and catering events.

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Turnkey Restaurant with Seating

113 N Farmer Street, Otsego, MI 49078

$425,000

3,420 sqft

Turnkey restaurant with a full kitchen, seating for 65–70, and a nearby city parking lot close to entrances.

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Kalamazoo, MI Conventional Restaurants Market Trends and Statistics

Explore 15 conventional restaurants for sale in Kalamazoo, MI, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 94,369 square feet of properties for sale, with an estimated market value of $3,705,900.

Sale prices for conventional restaurants in Kalamazoo, MI start at $359,900, averaging $529,414, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 163K

Population Growth (5Y) -1.2%

Median Household Income $64,429

College Educated 36.6%

High-Yield Neighborhoods for Investment

Identify Kalamazoo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49008	$456.6K
49009	$675K
49007	$1.1M

Taxes & Financing

Tax Rate (average for all types) 4.16%

Property Tax per SF $78.71 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kalamazoo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Kalamazoo County

Office

Property Size Breakdown

The majority of commercial real estate listings in Kalamazoo fall within the 5,000 to 10,000 square foot range.

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