Remodeled Office Condo with
107 W Michigan Avenue Kalamazoo, MI 49007
107 W Michigan Avenue, Kalamazoo, MI, 49007
$450,000
For Sale
$450,000
COMMERCIAL - Kalamazoo, MI
Property Size1,658 SF
Lot Size0.12 Acres
Price / SF$271.41
Days on Market383
Property Features for 107 W Michigan Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 39000615381011
- Size
- 1,658 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- KALAMAZOO COUNTY CONDOMINIUM SUBDIVISION PLAN 1 LIBER 883 PAGE 404 UNIT 9 THE KALAMAZOO BUILDING, A CONDOMINIUM PA 255
- Tax Annual Amount
- 5600
Utilities
- Utilities
- Cable Available
- Heating system
- Radiant, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1907
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Rubber
Listing Agency
Berkshire Hathaway HomeServices MI
(269) 629-7653
8083 N 32nd Street, Kalamazoo, MI
Listed by
Bill Sikkema · License #6501305544
(269) 207-7270
Added: Jul 3, 2025 Updated: Apr 15 at 10:48 am Checked: Jul 20 at 8:06 pm
MLS# 25032884
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located on the 9th floor of the Kalamazoo Building, at the corner of Michigan Avenue and the Kalamazoo Mall, this remodeled office condominium offers views and interior space in Downtown Kalamazoo. Combining two units, the property features a private entrance, ceilings, an open floor plan, and city views. Updated throughout, it showcases a kitchen, bathroom, and flooring, while preserving the original woodwork. A spiral staircase leads to a private rooftop patio with the potential to expand over the remaining roof deck. Additional highlights include a wood-burning fireplace and refined finishes. The property has a total of 1,658 square feet and is located in Kalamazoo, MI 49007.
Key Highlights
- Breathtaking, unobstructed city views from the 9th floor of the iconic Kalamazoo Building.
- Completely remodeled 1,658 SF office condominium with new kitchen, bathroom, and flooring.
- Private rooftop patio with expansion potential.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.9k | $14.40 |
| − Vacancy | −$1.7k | −$1.04 |
| EGI | $22.2k | $13.36 |
| − OpEx | −$5.5k | −$3.34 |
| NOI | $16.6k | $10.02 |
1,658 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$237.4K
$207.7K – $277.0K
NOI $16,617 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$433.9K
$379.6K – $506.2K
NOI $30,371 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Infinity Technology Group ...
Warehouse & Storage
Dover Birch
Real Estate Agency
The Kalamazoo Loft
Hotel & Motel
Veritas Transition Group
Consultant
Nationwide Regulatory Compliance
State Government Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Downtown Kalamazoo office condo with rooftop patio and city views.
Where is this office units located?
The property is located at 107 W Michigan Avenue Kalamazoo, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Breathtaking, unobstructed city views from the 9th floor of the iconic Kalamazoo Building.; Completely remodeled 1,658 SF office condominium with new kitchen, bathroom, and flooring.; Private rooftop patio with expansion potential.
