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    Kalamazoo Commercial Property on Two Lots Title is generated by Realmo AI

    3011 Riverview Drive, Kalamazoo, MI 49004

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    Claim this Listing
    For Sale
    $140,000

    COMMERCIAL - Kalamazoo, MI

    Type:Office
    Property size:
    1,068 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $131/SF
    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

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    Listing Contact
    Sheila M Strong
    Sheila M Strong

    Listing agent Sheila M Strong License #6504431351

    Listing office Strong Properties, LLC 3125 W Main St, Suite 1, Kalamazoo, MI

    Listing date Apr 23, 2026

    MLS# 26017620

    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

    Located at 3011 Riverview Dr in Kalamazoo, MI, this commercial property features a 3-room office structure with one bathroom, situated on two lots totaling approximately half an acre. The property includes a spacious yard with room for expansion. Access is available from both Riverview Dr and Shoppers Ln. Zoned as C-1, the property is currently used as a non-conforming residential premises, which can be continued for investors interested in adding a rental to their portfolio. The location on Riverview Drive provides convenient access to shopping, dining, and major roadways, making it suitable for commercial use. The building has a size of 1068 square feet.

    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
    1,068 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $152.9K
    $133.8K – $178.4K (±1% cap)
    NOI $10,704 @ 7.0% cap · market cap 7.65%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $279.5K
    $244.5K – $326.1K (±1% cap)
    NOI $19,563 @ 7.0% cap · market cap 13.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Skin Care Clinic Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.570924
    Latitude
    42.321118

    FAQs

    What type of property is this?
    Office units - Three-room office on almost half an acre with expansion potential.
    Where is this office units located?
    The property is located at 3011 Riverview Drive Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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