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Retail Space with Lower Level
For Lease
$15 SF/Yr

217 S Kalamazoo Mall, Kalamazoo, MI 49007

Commercial Lease, Kalamazoo, MI

Space Size1,982 SF
Lot Size0.04 Acres
Days on Market357

Property Features for 217 S Kalamazoo Mall

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description D1
Rooms Basement
Fireplace 1
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Directions E Michigan Ave, turn South on to S Kalamazoo Mall.
Subdivision Greater Kalamazoo - K
Standard status Active
APN 06-15-386-011
Size 1,982 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 548 KALAMAZOO COUNTY CONDOMINIUM SUBDIVISION PLAN NO. 127 THE STYLE SHOP BUILDING UNIT 1
Legal Description 548 KALAMAZOO COUNTY CONDOMINIUM SUBDIVISION PLAN NO. 127 THE STYLE SHOP BUILDING UNIT 1

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Year built 1937
Building materials Brick
Listing Agency: NAI Wisinski of West Michigan
Listed By: Jodi K Milks · License #6506044331
Added: Oct 17, 2025 Changed: Sep 3 Last Checked: Oct 8 at 4:06AM
MLS# 25054296

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 1,982-square-foot retail property offers an open layout on South Kalamazoo Mall, with an additional 1,200-square-foot lower level that can support storage or operational functions. The building dates to 1937 and features brick construction, forced-air heating, a fireplace, and cable availability.

The property sits within downtown Kalamazoo near established retailers, creative offices, new residential development, and nearby parking. South Kalamazoo Mall is identified as an active commercial corridor, while an arena project under construction nearby is planned as a WMU hockey venue and major event destination expected to draw thousands of visitors annually.

Key Highlights

  • 1,982 SF of retail space on South Kalamazoo Mall
  • Additional 1,200 SF lower level for storage or operational use
  • Located in downtown Kalamazoo near established retailers and creative offices

Property Analytics

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Current Use

Milan The Style Shop Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Acupuncture Clothing & Fashion Store Supermarket Grocery & Convenience Store

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,165
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 41% Hotels & Casinos 12% Electronics 2%
McDonald's Dining
15,871 visits/mo 0.3 miles
Shell Shops & Services
13,648 visits/mo 0.4 miles
Checkers Dining
6,149 visits/mo 0.5 miles
Barrio Tacos Dining
4,643 visits/mo 0.1 miles
Family Dollar Shops & Services
4,370 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Kalamazoo, MI

$16.49 /SF/Yr
Avg Asking Price
$8–$29 /SF/Yr
Price Range
17,337 SF
Avg Space Size

This space is priced 9% below the average of $16.49 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Open commercial layout includes additional space for storage or operational use.
Where is this retail space located?
The property is located at 217 S Kalamazoo Mall Kalamazoo, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,982 SF of retail space on South Kalamazoo Mall; Additional 1,200 SF lower level for storage or operational use; Located in downtown Kalamazoo near established retailers and creative offices
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