Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7000 Stadium Drive unit E Kalamazoo, MI 49009

    View on Map
    For Lease
    $16 SF/Yr

    COMMERCIAL - Kalamazoo, MI

    Type:Retail
    Property size:
    3,000 SF
    Lot size:
    1.22 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    34
    Last Refresh:
    Mar 31 at 4:06 pm

    Property Features for 7000 Stadium Drive unit E

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Fireplace
    1
    Standard status
    Active
    APN
    05-35-102-011
    Size
    3,000 SF
    Lot size
    1.22 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    NEW VILLAGE PLACE UNIT 6 ***12/08 SPLIT 35-102-001, 002. 003 INTO 35-102-008, 009, 010, 011, 012, 013 ACCORDING TO THE SECOND AMENDMENT TO MASTER DEED***

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2007
    Building materials
    Vinyl Siding, Brick, Stone

    We can help!

    Listing Contact
    Betsy Stoneburner

    Listing agent Betsy Stoneburner

    Listing office Doorlag Realty Company 5578 Gull Road, Kalamazoo, MI

    Listing date Feb 25, 2026

    MLS# 26006882

    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.

    Overview

    Restaurant/Bar Space on Stadium Drive

    This commercial space, suitable for restaurant or bar use, is located in Kalamazoo, Michigan. The property features a three-way stone fireplace and an outdoor cement patio. An exhaust hood is also present. The location offers high visibility on Stadium Drive. The property size is 3000 square feet and it is situated on a 1.22-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Wonders Discovery ... Daycare Center Chau Haus Schnitzel ... Restaurant Skinny Kennys BBQ ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Erbelli's Gourmet Pizzeria, Italian Bistro & Pub — 6214 Stadium Dr, Kalamazoo, MI 49009
    • Jac's Cekola's Pizza - Kalamazoo — 3112 S 9th St, Kalamazoo, MI 49009

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.686767
    Latitude
    42.257747

    Nearby Similar for Lease

    • $18/mo

      Kalamazoo Avenue Office/Retail Space

      New office/retail space near the Event Center with parking.
      615 W Kalamazoo Avenue, Kalamazoo, MI 49007
      View Details
    • $20/mo

      Retail Storefront on Kalamazoo Mall

      Move-in ready retail space on the popular Kalamazoo Mall.
      166 S Kalamazoo Mall unit: A, Kalamazoo, MI 49007
      View Details
    • $5/mo

      Kalamazoo Industrial Building For Lease

      12,780 SF industrial building with office space for lease.
      1330 Healy Street unit: 1, Kalamazoo, MI 49048
      View Details
    • $20/mo

      Retail Storefront on Kalamazoo Mall

      Move-in ready retail space on the popular Kalamazoo Mall.
      166 S Kalamazoo Mall unit: A, Kalamazoo, MI 49007
      View Details
    • Contact for pricing

      Turnkey Office/Retail Space Near Universities

      1,191 SF office/retail space near Western Michigan University.
      1128 W Michigan Avenue unit: 1, Kalamazoo, MI 49006
      View Details
    • $10/mo

      Kalamazoo Commercial Space For Rent

      Warehouse/office/retail space with high ceilings and natural light.
      1523 Riverview Drive, Kalamazoo, MI 49004
      View Details
    • $20/mo

      Renovated Office Space in Kalamazoo

      Professional office building renovated in 2021, convenient location.
      1900 Whites Road unit: B, Kalamazoo, MI 49008
      View Details
    • $15/mo

      Restored Retail Space in Kalamazoo

      Beautifully restored retail space near upcoming Event Center.
      131 W Kalamazoo Avenue, Kalamazoo, MI 49007
      View Details
    • $13/mo

      Kalamazoo Commercial Building with Warehouse

      3,019 SF building with office and warehouse space for lease.
      2015 Lake Street, Kalamazoo, MI 49001
      View Details
    • $16/mo

      Kalamazoo R&D Office Space

      Class A office space in WMU's Business Technology Park.
      4775 Campus Drive unit: 4775, Kalamazoo, MI 49008
      View Details
    • $10/mo

      Functional Office Suite in Kalamazoo

      Affordable 1,200 SF office suite with ample parking.
      2650 Millcork Street unit: C, Kalamazoo, MI 49001
      View Details
    • $20/mo

      Freestanding Building Near Kalamazoo River

      Former Advance Auto Parts available for lease near Kalamazoo River.
      1037 Riverview Drive, Kalamazoo, MI 49048
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Restaurant/bar location with high visibility on Stadium Drive.
    Where is this bar & pub located?
    The property is located at 7000 Stadium Drive unit E Kalamazoo, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Outstanding restaurant/bar location with great visibility to Stadium Drive.; Enjoy a 3‑way stone fireplace.; Outdoor cement patio for patrons.
    (269) 873-2066
    We can help!
    Listing Contact
    Betsy Stoneburner
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!