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Private Office Suites
For Lease
$23 SF/Yr

137 N Park Street, Kalamazoo, MI 49007

COMMERCIAL - Kalamazoo, MI

Space SizeContact for details
Lot Size0.21 Acres
Days on Market466

Property Features for 137 N Park Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description CCBD
Fireplace 1
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Directions Located on the corner of Park Street & Water Street.
Subdivision Greater Kalamazoo - K
Standard status Active
APN 06-15-321-700
Size 290 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description 20 ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOO; The North 67-5/8ft of Lot 7 & the North 67-5/8ft of Lot 8.
Legal Description 20 ORIGINAL PLAT OF THE TOWN (NOW CITY) OF KALAMAZOO; The North 67-5/8ft of Lot 7 & the North 67-5/8ft of Lot 8.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

monument signage
free parking

Building Details

Year built 1972
Listing Agency: NAI Wisinski of West Michigan
Listed By: Connor Schultze · License #6501453214
Added: May 15, 2025 Changed: Aug 4 Last Checked: Aug 23 at 5:06AM
MLS# 25022126

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.

This office property offers private suites measuring 290 square feet, providing a compact format for individual professionals, startups, or satellite teams. The building dates to 1972 and includes central air, forced-air heating, a fireplace, and cable availability. Monument signage and free parking add practical support for occupants and visitors.

Located at 137 N Park Street in downtown Kalamazoo, the property sits directly across from a new arena under construction. The setting places the offices within an active downtown corridor while retaining a dedicated office environment. Suites are available for immediate occupancy.

Key Highlights

  • 290‑square‑foot private office suites
  • Monument signage and free parking
  • Directly across from a new arena under construction

Property Analytics

Current Use

The Law Office of Marc ... Law Firm The HobbyMasters LLC (Bike/Boat/Book/etc) Store Ashley Klaasen Photography (Bike/Boat/Book/etc) Store Kalamazoo Probate Attorney-Law ... Law Firm Robert J. Barnard ... Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Auto Parts Store Building Supply Real Estate Agency Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,782
Businesses Nearby

Demographics for 49007, MI

10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$20.78 /SF/Yr
Avg Asking Price
$6–$220 /SF/Yr
Price Range
7,934 SF
Avg Space Size

This space is priced 11% above the average of $20.78 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible workspace with central air, forced-air heating, monument signage, and free parking.
Where is this office units located?
The property is located at 137 N Park Street Kalamazoo, MI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 290‑square‑foot private office suites; Monument signage and free parking; Directly across from a new arena under construction
More about this property
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