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Retail Building on Westnedge Avenue

3811 S Westnedge Avenue Kalamazoo, MI 49008

3811 S Westnedge Avenue, Kalamazoo, MI, 49008
$650,000
For Sale
Claim this Listing
$650,000

COMMERCIAL - Kalamazoo, MI

Property Size2,623 SF
Price / SF$247.81
AddedMay 29
Days on Market49
Last RefreshJul 16 at 10:06 am

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

Listing office Kalamazoo Commercial Real Estate 501 W Willard Street, Kalamazoo, MI

Listing date May 29, 2026

MLS# 26025609

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 2,623 SF freestanding retail building is located on South Westnedge Avenue, between Cork Street and Kilgore Road, within an established commercial area of Kalamazoo, Michigan. The property is approximately 1.5 miles from I-94, providing accessibility for local and regional customers. The building includes on-site parking and pylon signage with a digital sign. Inside, there are two restrooms, a dining area with a fireplace, a bar area, a fenced-in patio, and a kitchen area. The layout and existing restaurant-oriented improvements make it suitable for food, beverage, retail, or service-based businesses.

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
2,623 SF · lease $13.14/SF/yr · vacancy 4.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$351.6K
$307.6K – $410.2K (±1% cap)
NOI $24,609 @ 7.0% cap · market cap 3.79%
Second Best
Retail
$258.4K
$226.1K – $301.5K (±1% cap)
NOI $18,089 @ 7.0% cap · market cap 2.78%
Theoretical Best
Warehouse
$686.4K
$600.6K – $800.8K (±1% cap)
NOI $48,047 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apoptosis Brewing Company Production Facility

Suggested Use

Dental Office Restaurant HVAC Service Kitchen & Bath Showroom Plumbing Service Storage Facility Furniture & Home Goods Auto Parts Store Barber Shop Computer & Electronic Repair

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

FAQs

What type of property is this?
Retail space - Freestanding 2,623 SF retail building in established commercial corridor.
Where is this retail space located?
The property is located at 3811 S Westnedge Avenue Kalamazoo, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 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.
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