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Office Units with Exposed Timbers
For Lease
$18 SF/Yr

211-215 E Water St, Kalamazoo, MI 49007

Flexible downtown suites combine high ceilings with views toward the Arcadia Creek Festival Site.

Space SizeContact for details
Days on Market710

Property Features for 211-215 E Water St

General Information

Standard status Active
Property subtype Office
Zoning D-3
Lease Type NNN

Additional Details

Space Use Restaurant

Amenities

Water
Sewer

Building Details

Year Built 1900

Spaces For Lease

at 211-215 E Water St Contact us

Available Space $18/Mo

Contact us
Listing Agency: Plazacorp Realty Advisors, Inc.
Listed By: Trisha Kidd
Source: Carwm.resimplifi
Added: Sep 20, 2024 Changed: Aug 29 Last Checked: Aug 30 at 1:35PM

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 Plazacorp Realty Advisors, Inc.

Investment Insights

Based on property information with market context.

The Globe Building is a 45,308-square-foot commercial property at 211-215 E Water St in Kalamazoo. Constructed in 1900, it offers flexible office configurations, including a loft-style suite with exposed timbers and a larger suite intended for expanding users. High ceilings and varied layouts support office and creative workspace needs, while select areas overlook the Arcadia Creek Festival Site, which is under construction.

The building sits in downtown Kalamazoo’s entertainment district near Bell’s, Shakespeare’s, Maru, HopCat, and the Kalamazoo Mall. Its D-3 zoning and mix of available commercial spaces add flexibility for businesses seeking a downtown setting with direct exposure to festival and event activity along Arcadia Creek.

Key Highlights

  • 45,308‑square‑foot commercial property at 211‑215 E Water St
  • Built in 1900 with high ceilings and flexible interior layouts
  • Loft‑style office suite features exposed timbers

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Locksmith Pet Store 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,804
Businesses Nearby

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

$20.21 /SF/Yr
Avg Asking Price
$6–$220 /SF/Yr
Price Range
9,679 SF
Avg Space Size

This space is priced 11% below the average of $20.21 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible downtown suites combine high ceilings with views toward the Arcadia Creek Festival Site.
Where is this office units located?
The property is located at 211-215 E Water St Kalamazoo, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 45,308‑square‑foot commercial property at 211‑215 E Water St; Built in 1900 with high ceilings and flexible interior layouts; Loft‑style office suite features exposed timbers
More about this property
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