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Flex Space with Heated Warehouse
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2982 Business One Dr, Kalamazoo, MI 49048

Connected suites combine private offices with loading functionality and transportation-oriented access.

Space Size3,900 SF
Days on Market2

Property Features for 2982 Business One Dr

General Information

Standard status Active
Size 3,900 SF
Net Rentable 3,900 SF
Property subtype Commercial
Zoning Light Industrial

Space & Availability

Available Space 3,900 SF
Contiguous Space 3,900 SF
Space Use Industrial
Sublease No

Lease Terms

Lease Rate $0.60
Lease Term 60 months
Flexible Term Yes

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Three-Phase Power Yes
Conditioned Warehouse Yes

Amenities

Fiber internet access
Two private restrooms

Building Details

Year Built 1991
Units 1
Listing Agency: Elite Realty Group
Listed By: Justin M Lennon
Source: Elliman
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 22 at 4:12AM

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 Elite Realty Group

Investment Insights

Based on property information with market context.

This 3,900 SF flex space comprises two connected suites with a combined office and warehouse configuration. The insulated warehouse area can be heated year-round and includes an overhead door approximately 9 feet high, floor drains, and approximately 10-foot ceilings. The property also provides two private restrooms, three-phase power availability, fiber internet access, and on-site parking. Built in 1991, the space carries light industrial zoning.

Located at 2982 Business One Dr in the Business One complex, the property sits just off the I-94 Sprinkle Road exit. The layout is suited to businesses requiring a combination of office, storage, loading, assembly, manufacturing, contractor, warehousing, or distribution functions. Lease terms are offered from 12-60 Months, with as-is and build-to-suit options described in the listing.

Key Highlights

  • 3,900 SF of combined office and warehouse space
  • Two connected suites with a flexible office and warehouse configuration
  • Insulated warehouse capable of year‑round heating with an overhead door approximately 9 feet high

Property Analytics

Current Use

Floor Coverings International ... Carpet & Flooring Store

Suggested Use

Top Pick Dental Office Pharmacy Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49048, MI

25,067
Population
10,440
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
35.1 sq mi
ZIP Area
714
Density / Sq Mi
$62,160
Median Household Income
$36,150
Median Earnings
$1,032
Median Rent
$158,300
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$8.62 /SF/Yr
Avg Asking Price
$5.95–$13.26 /SF/Yr
Price Range
8,137 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Ice Cream On Wheels of Kalamazoo 5281 Wynn Rd, Kalamazoo, MI 49048
  • Millennium Catering & Events 3690 Park Cir Dr, Kalamazoo, MI 49048

Frequently Asked Questions

What type of property is this?
Flex space - Connected suites combine private offices with loading functionality and transportation-oriented access.
Where is this flex space located?
The property is located at 2982 Business One Dr Kalamazoo, MI.
What are key features of this property?
This property features: 3,900 SF of combined office and warehouse space; Two connected suites with a flexible office and warehouse configuration; Insulated warehouse capable of year‑round heating with an overhead door approximately 9 feet high
More about this property
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