Retail Space with Open
For Sale
$475,000
8083 Vineyard Parkway, Kalamazoo, MI 49009
Commercial Sale, Kalamazoo, MI
Property Size1,903 SF
Lot Size0.12 Acres
Price / SF$249.61
Days on Market371
Property Features for 8083 Vineyard Parkway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
CBD
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Portage
Middle school district
Portage
High school district
Portage
Subdivision
Greater Kalamazoo - K
Standard status
Active
APN
09-23-115-009
Size
1,903 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
VINEYARD PARKWAY CONDOMINIUM UNIT 9 *
Tax Annual Amount
9868
Legal Description
VINEYARD PARKWAY CONDOMINIUM UNIT 9 *
Utilities
Utilities
Phone Available
Heating system
Forced Air
Amenities
ample windows
on site parking
built-in storefront counter
fairly open layout
Building Details
Year built
2022
Floors in Building
1
Number of units
1
Listing Agency:
Jaqua, REALTORS Commercial
(269) 216-4222
Listed By:
Marc R Tourangeau · License #6502355243
(269) 207-3072
Added: Oct 1, 2025
Changed: Oct 1
Last Checked: Oct 6 at 7:06PM
MLS# 26002752
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 1,903-square-foot retail space is configured with a relatively open interior, ample windows, a built-in storefront counter, and an on-site parking area. The existing build-out supports retail use and may be converted to office space. A bathroom, forced-air heating, and phone availability are also included.
Completed in 2022, the property occupies 0.12 acres within the Vineyard Parkway business park at 8083 Vineyard Parkway in Kalamazoo’s Texas Corners area. The space is offered for sale and is also available for lease.
Completed in 2022, the property occupies 0.12 acres within the Vineyard Parkway business park at 8083 Vineyard Parkway in Kalamazoo’s Texas Corners area. The space is offered for sale and is also available for lease.
Key Highlights
- 1,903 square feet of retail space
- Built in 2022 on a 0.12‑acre site
- Existing retail build‑out with potential office conversion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,073
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,460
$381.5K
Cap Rate 7%
$272,471
$272.5K
Cap Rate 9%
$211,922
$211.9K
Market Conditions
NOI Build-Up for 1,903 SF
Gross rent
$27.4K $14.40/SF
− Vacancy
−$2.0K −$1.04/SF
EGI
$25.4K $13.36/SF
− OpEx
−$6.4K −$3.34/SF
NOI
$19.1K $10.02/SF
Area
Kalamazoo County, MI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,460
Cap Rate 7%
$272,471
Cap Rate 9%
$211,922
Alternative Uses
Best Use
Office B
$272.5K
$238.4K – $317.9K
NOI $19,073 @ 7.0% cap · market cap 4.02%
Second Best
Retail
$187.5K
$164.1K – $218.7K
NOI $13,124 @ 7.0% cap · market cap 2.76%
Theoretical Best
Warehouse
$498.0K
$435.7K – $581.0K
NOI $34,858 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 49009, MI
47,188
Population
20,609
Households
2.3
Avg Household Size
38
Median Age
50%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
462
Density / Sq Mi
$82,364
Median Household Income
$44,702
Median Earnings
$1,089
Median Rent
$330,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Built-out space includes ample windows, on-site parking, and a storefront counter.
Where is this retail space located?
The property is located at 8083 Vineyard Parkway Kalamazoo, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,903 square feet of retail space; Built in 2022 on a 0.12‑acre site; Existing retail build‑out with potential office conversion
