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Kalamazoo Office Buildings on Stadium

6281-6301 Stadium Drive Kalamazoo, MI 49009

6281-6301 Stadium Drive, Kalamazoo, MI, 49009
$535,000
For Sale
Claim this Listing
$535,000

COMMERCIAL - Kalamazoo, MI

Property Size4,879 SF
Lot Size0.86 Acres
Price / SF$109.65
AddedMay 21
Days on Market57
Last RefreshJul 16 at 7:06 am

Property Features for 6281-6301 Stadium Drive

General Information

Property type
Commercial Sale
Property subtype
Office
Bathrooms
5
Rooms
Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 4, Basement
Standard status
Active
APN
05-26-474-090
Size
4,879 SF
Lot size
0.86 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
On file.
Tax Annual Amount
18388

Utilities

Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
1951
Floors in Building
1
Number of units
2
Building materials
Vinyl Siding, Brick, Stone
Roof type
Composition

Listing agent Andrew J Gyorkos License #6502406462

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

Listing date May 21, 2026

MLS# 26023815

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.

Two office buildings situated on approximately 0.862 acres are available along the highly visible Stadium Drive corridor in Oshtemo Township. Located near the 9th Street and Parkview Avenue intersection, the properties offer strong exposure and convenient access, just one mile from US-131. The properties, located at 6281 Stadium Drive and 6301 Stadium Drive, are being offered together, creating a larger redevelopment opportunity, or may be purchased separately. The properties are zoned Village Commercial District, allowing for a variety of permitted uses.

Key Highlights

  • High‑visibility location on Stadium Drive corridor
  • Convenient access, one mile from US‑131
  • Two buildings offered together for redevelopment or separate purchase

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 $70.3k $14.40
− Vacancy −$5.1k −$1.04
EGI $65.2k $13.36
− OpEx −$16.3k −$3.34
NOI $48.9k $10.02
4,879 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$698.6K
$611.2K – $815.0K (±1% cap)
NOI $48,899 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,371 @ 7.0% cap · market cap 16.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Pharmacy HVAC Service Storage Facility Parking Lot & Garage Electrical Service Building Supply Nail Salon Hair Salon Garden Center

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

FAQs

What type of property is this?
Office building - Two office buildings on 0.862 acres in Oshtemo Township.
Where is this office building located?
The property is located at 6281-6301 Stadium Drive Kalamazoo, MI.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: High‑visibility location on Stadium Drive corridor; Convenient access, one mile from US‑131; Two buildings offered together for redevelopment or separate purchase
Contact an agent
More about this property
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