Private Office in Coworking
New
For Sale
Contact for pricing
1011 W Maple Street 225, Kalamazoo, MI 49008
A furnished reception area and shared kitchenette support daily office use.
Property Size120 SF
Price / SF$0.46
Days on Market4
Property Features for 1011 W Maple Street 225
General Information
Standard status
Active
Size
120 SF
Additional Details
Office Units
1
Amenities
professionally landscaped contemporary office suites
hardwood bamboo and marble flooring
extensive use of glass
full bath with shower
furnished reception area
common bathrooms and kitchenette
pylon and interior signage
off-street parking
Building Details
Tenancy
Multi
Listing Agency:
The Lo Company, LLC
(269) 492-2700
Listed By:
Douglas B Post
Source:
Charterpropertiesgr
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 23 at 6:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Lo Company, LLC
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Investment Insights
Based on property information with market context.
A 120-square-foot private office is offered within a shared office suite. The contemporary interior features bamboo and marble flooring, extensive glass, and a furnished reception area. A full bathroom with shower serves the suite, with additional common restrooms and a kitchenette on the lower level.
Utilities, gas, electric, water, trash, lawn and snow care, and common-area cleaning are included, with no CAM charges. Flexible lease terms, off-street parking, and pylon and interior signage are also provided. The property is between Oakland Drive and Westnedge Avenue, a short drive from downtown Kalamazoo and North Portage.
Utilities, gas, electric, water, trash, lawn and snow care, and common-area cleaning are included, with no CAM charges. Flexible lease terms, off-street parking, and pylon and interior signage are also provided. The property is between Oakland Drive and Westnedge Avenue, a short drive from downtown Kalamazoo and North Portage.
Key Highlights
- 120‑square‑foot private office in a shared office suite
- Utilities, gas, electric, water, trash, lawn and snow care, and common‑area cleaning included
- No CAM charges; flexible leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,203
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,060
$24.1K
Cap Rate 7%
$17,186
$17.2K
Cap Rate 9%
$13,367
$13.4K
Market Conditions
NOI Build-Up for 120 SF
Gross rent
$1.7K $14.40/SF
− Vacancy
−$124 −$1.04/SF
EGI
$1.6K $13.36/SF
− OpEx
−$401 −$3.34/SF
NOI
$1.2K $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%
$24,060
Cap Rate 7%
$17,186
Cap Rate 9%
$13,367
Alternative Uses
Best Use
Office B
$17.2K
$15.0K – $20.1K
NOI $1,203 @ 7.0% cap · market cap 2,187.27%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$31.4K
$27.5K – $36.6K
NOI $2,198 @ 7.0% cap · market cap 3,996.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Explore this area
Business Placement
Demographics for 49008, MI
18,343
Population
7,124
Households
2.6
Avg Household Size
31
Median Age
55%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
2,738
Density / Sq Mi
$67,339
Median Household Income
$31,756
Median Earnings
$1,005
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Coworking space - A furnished reception area and shared kitchenette support daily office use.
Where is this coworking space located?
The property is located at 1011 W Maple Street 225 Kalamazoo, MI.
What are key features of this property?
This property features: 120‑square‑foot private office in a shared office suite; Utilities, gas, electric, water, trash, lawn and snow care, and common‑area cleaning included; No CAM charges; flexible leases
