3811 S Westnedge Avenue Kalamazoo, MI 49008
COMMERCIAL - Kalamazoo, MI
Property Features for 3811 S Westnedge Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 06-34-165-103
- Size
- 2,623 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- On file.
- Tax Annual Amount
- 20921
Utilities
- Utilities
- Cable Available
- Heating system
- Radiant, Solar (Heating), Forced Air
Building Details
- Year built
- 2015
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick
Listing agent TJ Ward (269) 569-4289
Listing office Kalamazoo Commercial Real Estate 501 W Willard Street, Kalamazoo, MI (269) 888-2755
Listing date May 29, 2026
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on South Westnedge Avenue in an established commercial corridor.
- Convenient access to I‑94 (1.5 miles).
- Existing restaurant‑oriented improvements including a dining area with a fireplace, a bar area, and a kitchen area.
Local Financial Insights For Specialty Retail
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 | $34.5k | $13.14 |
| − Vacancy | −$1.7k | −$0.63 |
| EGI | $32.8k | $12.51 |
| − OpEx | −$8.2k | −$3.13 |
| NOI | $24.6k | $9.38 |