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Private Office Suite Location
For Lease
$28 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 108 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

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 12:06PM
MLS# 25022125

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 downtown office property at 137 N Park Street provides a highly visible setting with monument signage and free parking for arriving staff and clients. The building offers a variety of single, private office suites designed for immediate occupancy.

The location is situated directly across from a new arena currently under construction, placing the property in a prominent, active downtown corridor.

Available suites can work well for businesses seeking separate, private office space within a centrally positioned property.

Key Highlights

  • Office location in downtown Kalamazoo directly across from the new arena under construction
  • Highly visible building with monument signage
  • Multiple single, private office suites available for immediate occupancy

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
$4.20 /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 35% 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 - Highly visible downtown office building offering single, private suites and monument signage with 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 $28 SF/Yr.
What are key features of this property?
This property features: Office location in downtown Kalamazoo directly across from the new arena under construction; Highly visible building with monument signage; Multiple single, private office suites available for immediate occupancy
More about this property
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