For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Freestanding Retail Banking Facility Title is generated by Realmo AI

    5937 King Highway, Kalamazoo, MI 49048

    View on Map
    Claim this Listing
    For Sale
    $249,000

    COMMERCIAL - Kalamazoo, MI

    Type:Retail
    Property size:
    2,000 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $124/SF
    Added:
    Mar 13, 2026
    Days on Market:
    94
    Last Refresh:
    Jun 14 at 7:06 pm

    Property Features for 5937 King Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Bathrooms
    1
    Rooms
    Bathroom 1
    Interior features
    Broadband
    Standard status
    Active
    APN
    07-19-234-010
    Size
    2,000 SF
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    REVISED PARK PLAT LOT 1 & LOT 2 LYING N OF US 12 | REVISED PARK PLAT LOT 14 EXC STATE HWY | SEC 19-2-10 BEG NW COR LOT 1
    Tax Annual Amount
    8835

    Utilities

    Utilities
    Phone Available
    Heating system
    Forced Air

    Building Details

    Year built
    1939
    Number of units
    1
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Jodi K Milks

    Listing agent Jodi K Milks License #6502339107

    Listing office NAI Wisinski of West Michigan 650 Trade Centre Way, Ste 130, Kalamazoo, MI

    Listing date Mar 13, 2026

    MLS# 26009694

    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

    • Freestanding 2,000 SF building featuring a 300 SF double drive‑thru.
    • Located on 0.75 acres with ample parking.
    • Zoned B‑2 Community Business District, suitable for financial, medical, or quick‑service businesses.
    • Convenient access to I‑94 and Kalamazoo‑Battle Creek International Airport.
    • Brick construction.
    • Broadband internet available.

    Overview

    This is a freestanding 2,000 square foot former retail banking facility with a 300 square foot double drive-thru, situated on 0.75 acres. The property consists of three parcels providing ample parking. It is located in Comstock Charter Township, within the B-2 Community Business District. The location may be well suited for financial, medical, or quick-service users. The property is located just minutes from downtown Kalamazoo, with convenient access to I-94 and Kalamazoo-Battle Creek International Airport.

    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 $28.8k $14.40
    − Vacancy −$2.1k −$1.04
    EGI $26.7k $13.36
    − OpEx −$6.7k −$3.34
    NOI $20.0k $10.02
    2,000 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $286.4K
    $250.6K – $334.1K (±1% cap)
    NOI $20,045 @ 7.0% cap · market cap 8.05%
    Second Best
    Specialty Retail
    $268.1K
    $234.6K – $312.7K (±1% cap)
    NOI $18,764 @ 7.0% cap · market cap 7.54%
    Theoretical Best
    Warehouse
    $523.4K
    $457.9K – $610.6K (±1% cap)
    NOI $36,635 @ 7.0% cap · market cap 14.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Comerica Bank - ATM Atm Comerica Bank Bank

    Suggested Use

    Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.513099
    Latitude
    42.287183

    FAQs

    What type of property is this?
    Bank - 2,000 SF former retail banking facility on 0.75 acres.
    Where is this bank located?
    The property is located at 5937 King Highway Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Freestanding 2,000 SF building **featuring a 300 SF double drive‑thru.**; Located on 0.75 acres with ample parking.; Zoned B‑2 Community Business District, suitable for financial, medical, or quick‑service businesses.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message