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Restored Retail Space Near Event Center
For Lease
$15 SF/Yr

131 W Kalamazoo Ave, Kalamazoo, MI 49007

Restored retail space with parking and outdoor seating potential.

Space SizeContact for details
Lot Size0.03 Acres
Days on Market150

Property Features for 131 W Kalamazoo Ave

General Information

Standard status Active
Lot size 0.03 Acres
Property subtype Commercial

Building Details

Year Built 1902
Units 1
Listing Agency: Dover Birch & Associates
Listed By: Rob Peterson · License #6502431087
Source: Elliman
Added: Mar 25 Changed: Aug 14 Last Checked: Aug 21 at 7:41AM

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 Dover Birch & Associates

Investment Insights

Based on property information with market context.

This restored retail space is located just blocks from the upcoming Event Center and the new County Administration Building. The interior, originally constructed as a coffee shop, features high ceilings, exposed brick, and natural woodwork throughout. The service area includes stainless counters with hand sinks, a three-compartment sink, and storage and display space. The property also features an outdoor area, providing on-site parking and the ability to offer outdoor seating, host food trucks, or create events. Lease terms are negotiable. The space offers opportunities for a creative entrepreneur.

Key Highlights

  • Prime location near upcoming Event Center & new County Administration Building.
  • Rare onsite parking and outdoor area suitable for seating, food trucks, or events.
  • Beautifully restored retail space with high ceilings and exposed brick.

Property Analytics

Current Use

Mary L. Wassink, ... Physician

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Pet Store Acupuncture Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,094
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 42% Hotels & Casinos 12% Electronics 2%
McDonald's Dining
15,871 visits/mo 0.2 miles
Shell Shops & Services
13,648 visits/mo 0.5 miles
Checkers Dining
6,149 visits/mo 0.4 miles
Barrio Tacos Dining
4,643 visits/mo 0.2 miles
Family Dollar Shops & Services
4,370 visits/mo 0.3 miles

Demographics for 49007, MI

10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$14.84 /SF/Yr
Avg Asking Price
$9–$21 /SF/Yr
Price Range
15,435 SF
Avg Space Size

This space is priced 1% above the average of $14.84 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Restored retail space with parking and outdoor seating potential.
Where is this retail space located?
The property is located at 131 W Kalamazoo Ave Kalamazoo, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime location near upcoming Event Center & new County Administration Building.; Rare onsite parking and outdoor area suitable for seating, food trucks, or events.; Beautifully restored retail space with high ceilings and exposed brick.
More about this property
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