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Live-Work Building
For Sale
$120,000

653655 653-655 Lake St, Kalamazoo, MI 49001

LW1 zoning supports residential, commercial, or combined use within the building.

Property Size5,582 SF
Price / SF$21.50
Days on Market52

Property Features for 653655 653-655 Lake St

General Information

Standard status Active
Size 5,582 SF
Zoning LW1

Additional Details

Utilities to Site No

Building Details

Year Built 1953
Listing Agency: O'Brien Real Estate
Listed By: William J Zehner · License #6501287590
Source: Katie-k
Added: Jul 11 Changed: Aug 30 Last Checked: Aug 30 at 9:06PM

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 O'Brien Real Estate

Investment Insights

Based on property information with market context.

Built in 1953, this 5,582-square-foot live-work building is designated LW1. The zoning permits residential occupancy, commercial activity, or a combination of the two, supporting a flexible live-work configuration subject to applicable requirements.

The property is located at 653-655 Lake St in Kalamazoo, Michigan. Power, heat, and water are not currently in the building, providing a clear set of infrastructure items for a future owner to address.

Key Highlights

  • 5,582 square feet of building area
  • LW1 zoning allows residential, commercial, or combined use
  • Built in 1953

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Dental Office Gym & Fitness Center Electrical 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.

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value

Market

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - LW1 zoning supports residential, commercial, or combined use within the building.
Where is this live-work space located?
The property is located at 653655 653-655 Lake St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 5,582 square feet of building area; LW1 zoning allows residential, commercial, or combined use; Built in 1953
More about this property
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