3011 Riverview Drive, Kalamazoo, MI 49004
COMMERCIAL - Kalamazoo, MI
- Added:
- Apr 23, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 9 at 9:06 pm
Property Features for 3011 Riverview Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 06-03-495-051
- Size
- 1,068 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 4393560 3906 03 495 051 WATSON BROTHERS PLAT LOTS 5 & 6
- Tax Annual Amount
- 1958
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Septic Tank
- Heating system
- Forced Air
- Water source
- Well
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Sheila M Strong License #6504431351 (269) 598-4146
Listing office Strong Properties, LLC 3125 W Main St, Suite 1, Kalamazoo, MI (269) 459-1682
Listing date Apr 23, 2026
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.
HighLights
- Prime location on Riverview Drive with convenient access to shopping, dining, and major roadways.
- Zoned C‑1, ideal for commercial use or continued non‑conforming residential use.
- Two lots totaling almost half an acre, offering a spacious yard with room for expansion.
- Access available from both Riverview Dr and Shoppers Ln.
- Opportunity for investors to continue non‑conforming residential use as a rental property.
- Stucco construction with natural gas available.
Overview
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 | $15.4k | $14.40 |
| − Vacancy | −$1.1k | −$1.04 |
| EGI | $14.3k | $13.36 |
| − OpEx | −$3.6k | −$3.34 |
| NOI | $10.7k | $10.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Longitude
- -85.570924
- Latitude
- 42.321118