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Downtown Kalamazoo Office Space Available
For Lease
$22 SF/Yr

137 N Park St 101, Kalamazoo, MI 49007

Highly visible office space in downtown Kalamazoo, near upcoming arena.

Space SizeContact for details
Lot Size0.21 Acres
Days on Market165

Property Features for 137 N Park St 101

General Information

Standard status Active
Lot size 0.21 Acres
Property subtype Commercial

Building Details

Year Built 1972
Units 5
Listing Agency: NAI Wisinski of West Michigan
Listed By: Connor Schultze · License #6501453214
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:59PM

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 NAI Wisinski of West Michigan

Investment Insights

Based on property information with market context.

This office location is situated in the heart of downtown Kalamazoo, directly across from a new arena currently under construction. The property offers high visibility and monument signage. Free parking is available. A variety of single, private office suites are available for immediate occupancy. The location is suitable for independent professionals, startups, or satellite teams. Lease terms are available for up to 12 months.

Key Highlights

  • Highly visible office location in downtown Kalamazoo, directly across from the new arena.
  • Immediate occupancy available for single, private office suites.
  • Excellent exposure with monument signage.

Property Analytics

Current Use

The Law Office of Marc ... Law Firm The HobbyMasters LLC (Bike/Boat/Book/etc) Store Ashley Klaasen Photography (Bike/Boat/Book/etc) Store Kalamazoo Probate Attorney-Law ... Law Firm Robert J. Barnard ... Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Auto Parts Store Building Supply Real Estate Agency Nail Salon

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,782
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

$20.78 /SF/Yr
Avg Asking Price
$6–$220 /SF/Yr
Price Range
7,934 SF
Avg Space Size

This space is priced 6% above the average of $20.78 /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 - Highly visible office space in downtown Kalamazoo, near upcoming arena.
Where is this office units located?
The property is located at 137 N Park St 101 Kalamazoo, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Highly visible office location in downtown Kalamazoo, directly across from the new arena.; Immediate occupancy available for single, private office suites.; Excellent exposure with monument signage.
More about this property
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