Downtown Kalamazoo Remodeled Office
107 W Michigan Ave 9 & 11 Kalamazoo, MI 49007
107 W Michigan Ave 9 & 11, Kalamazoo, MI, 49007
$450,000
For Sale
$450,000
Remodeled office condo with city views and rooftop patio.
Property Size1,658 SF
Lot Size0.12 Acres
Price / SF$271.41
Days on Market133
Property Features for 107 W Michigan Ave 9 & 11
General Information
- Standard status
- Active
- Size
- 1,658 SF
- Lot size
- 0.12 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1907
Listing agency
Berkshire Hathaway HomeServices MI
(269) 207-7270
Listed by
Bill Sikkema · License #6501305544
(269) 207-7270
Source
Elliman
Added: Mar 12 Updated: Jul 10 at 1:03PM Checked: Jul 22 at 12:42PM
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 Berkshire Hathaway HomeServices MI
Investment Insights
Based on property information with market context.
Located on the 9th floor of the Kalamazoo Building at the corner of Michigan Avenue and the Kalamazoo Mall, this remodeled office condominium offers views and interior space in Downtown. The property combines two units for a total of 1,658 SF, featuring a private entrance, ceilings, an open floor plan, and city views. Updated throughout, it showcases a kitchen, bathroom, and flooring, while preserving the original woodwork. A spiral staircase leads to a private rooftop patio with the potential to expand over the remaining roof deck. Additional features include a wood-burning fireplace and finishes. This property is an office condominium.
Key Highlights
- Breathtaking, unobstructed city views from the 9th floor of the iconic Kalamazoo Building.
- Completely remodeled 1,658 SF office condominium with new kitchen, bathroom, and flooring.
- Private rooftop patio with potential for expansion.
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 | $23.9k | $14.40 |
| − Vacancy | −$1.7k | −$1.04 |
| EGI | $22.2k | $13.36 |
| − OpEx | −$5.5k | −$3.34 |
| NOI | $16.6k | $10.02 |
1,658 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$237.4K
$207.7K – $277.0K
NOI $16,617 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$433.9K
$379.6K – $506.2K
NOI $30,371 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Infinity Technology Group ...
Warehouse & Storage
Dover Birch
Real Estate Agency
The Kalamazoo Loft
Hotel & Motel
Veritas Transition Group
Consultant
Nationwide Regulatory Compliance
State Government Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Remodeled office condo with city views and rooftop patio.
Where is this office units located?
The property is located at 107 W Michigan Ave 9 & 11 Kalamazoo, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Breathtaking, unobstructed city views from the 9th floor of the iconic Kalamazoo Building.; Completely remodeled 1,658 SF office condominium with new kitchen, bathroom, and flooring.; Private rooftop patio with potential for expansion.
