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    414-424 Walbridge St Kalamazoo, MI 49007

    For Sale
    $2,000,000

    COMMERCIAL - Kalamazoo, MI

    Property size:
    9,934 SF
    Lot size:
    0.47 Acres
    Days on Market:
    271
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 414-424 Walbridge St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Basement
    Bathrooms
    1
    APN
    06-15-408-012 & 06-15-403-001
    Parking
    12
    Size
    9,934 SF
    Lot size
    0.47 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Forced Air

    Building Details

    Year built
    1926
    Number of units
    1
    Building materials
    Brick
    Roof type
    Rubber

    Grand Rapids Market Center East (616) 575-1800 [email protected]

    Listing agent Jason R Carpenter (616) 575-1800

    Listing date Mar 18, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Kalamazoo Mixed-Use Opportunity

    This 9,934 square foot property, located in downtown Kalamazoo, presents an eclectic investment opportunity. The former autoparts manufacturing facility is primed for mixed-use development and includes a vacant lot to the north of the building. The property features grade-level overhead doors, a freight elevator, and a commercial kitchen. A turnkey coffee shop is also included. Situated in an opportunity zone, the property offers potential financial benefits. The 0.47-acre lot provides space for redevelopment or opening a foodservice establishment.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.576326
    Latitude
    42.295115

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey investment opportunity in downtown Kalamazoo with mixed-use potential.
    Where is this mixed-use property located?
    The property is located at 414-424 Walbridge St Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Located in a designated Opportunity Zone, offering potential financial benefits.; - Turnkey commercial kitchen space suitable for foodservice operations.; - **10,000 square foot building primed for mixed-use development.**
    (616) 575-1800
    Request Owner's contact information
    414-424 Walbridge St Kalamazoo, MI 49007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    414-424 Walbridge St Kalamazoo, MI 49007
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