Advertise
    Kalamazoo, MI
    Drug Store

    Kalamazoo, MI Drug Stores for Sale

    Notify Me
    List
    Map
    Portage, MI Parchment, MI Galesburg, MI Oshtemo, MI Scotts, MI Vicksburg, MI Muskegon, MI Schoolcraft, MI
    Walgreens Drugstore with Drive-Thru
    Updated: May 8
    Walgreens Drugstore with Drive-Thru

    760 W Michigan Ave, Kalamazoo, MI 49007

    $4,167,000
    14,550 sqft
    Single‑tenant Walgreens operating under an absolute net lease with corporate guarantee
    14,550 SF building on approximately 1.49 acres, built in 2014
    Drive‑thru included; beer and wine sales
    Lease term shows approximately eight years remaining
    High‑traffic frontage on W Michigan Ave (~20,707 vehicles/day) and nearby W Main St (~15,397 vehicles/day)
    View details
    Former Walgreens Available for Sale
    Updated: Nov 24, 2025
    Former Walgreens Available for Sale

    918 Riverview Drive, Kalamazoo, MI 49048

    Contact for pricing
    NN Lease in place until March 31, 2025, providing income.
    Priced at $1,992,360 ($151/SF) with an 8% cap rate on in‑place income.
    Located on a 1.44‑acre lot at a signalized corner.
    Freestanding former Walgreens building.
    High visibility and accessibility with approximately 15,500 VPD.
    View details
    See hot listings in Kalamazoo

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Freestanding Pharmacy Retail Building
    Freestanding Pharmacy Retail Building

    4252 Kalamazoo Ave SE, Grand Rapids, MI 49508

    $550,000
    3,707 sqft 0.33 AC lot

    Former pharmacy building with on-site parking, pylon signage, and storage basement in a high-traffic retail corridor.

    View details
    Pharmacy Building with Drive-Through
    Pharmacy Building with Drive-Through

    210 Hinckley Boulevard, Jackson, MI 49203

    $780,000
    10,128 sqft 1.46 AC lot

    Open commercial layout with central air and forced-air heating.

    View details
    CVS Pharmacy Property
    CVS Pharmacy Property

    2240 North Cedar Street, Holt, MI 48842

    Contact for pricing

    Pharmacy asset supported by a CVS Health Corporation lease guaranty.

    View details
    Drug Store at Signalized Corner
    Drug Store at Signalized Corner

    5603 Byron Center Avenue Southwest, Wyoming, MI 49509

    Contact for pricing

    Freestanding retail asset with an active Dollar General sublease and access to major regional roadways.

    View details

    Kalamazoo, MI Drug Stores Market Trends and Statistics

    Explore 2 drug stores for sale in Kalamazoo, MI on our real estate platform. These investment opportunities span a total of 14,550 square feet of properties for sale, with an estimated market value of $4,167,000.

    Sale prices for pharmacies in Kalamazoo, MI average $4,167,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 58
    Automotive properties 10
    Shopping centers 10
    Auto shops 5
    Banks 4

    Demographics Overview

    Population 163K
    Population Growth (5Y) -1.2%
    Median Household Income $64,429
    College Educated 36.6%

    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

    Residential Income

    Property Size Breakdown

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Kalamazoo, MI

    Popular Categories

    Most Searched ZIP Codes in Kalamazoo, MI

    • 49007
    • 49048

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!