Freestanding C-1 Office
For Sale
$249,900
1516 Trimble Avenue, Kalamazoo, MI 49048
Commercial Sale, Kalamazoo, MI
Property Size2,213 SF
Lot Size0.33 Acres
Price / SF$112.92
Days on Market94
Property Features for 1516 Trimble Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C-1
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2
Parking
15
Elementary school district
Comstock
Middle school district
Comstock
High school district
Comstock
Directions
Gull Rd. to Trimble. Located on the corner of Trimble and Gull Rd.
Standard status
Active
APN
06-11-460-310
Size
2,213 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
2210640 3906 11 460 310 Bixby plat the N 40' of lot 30 also lots 31 &32
Tax Annual Amount
7417
Legal Description
2210640 3906 11 460 310 Bixby plat the N 40' of lot 30 also lots 31 &32
Utilities
Utilities
Natural Gas Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1951
Number of units
1
Building materials
Stucco
Listing Agency:
Chuck Jaqua, REALTOR
(269) 381-7653
Listed By:
Joanne K Becker · License #6502342093
(269) 217-9878
Added: Jul 14
Changed: Oct 8
Last Checked: Oct 15 at 6:06PM
MLS# 26035857
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding office building provides 2,213 square feet on a 0.33-acre parcel. Built in 1951, the property features stucco construction, forced-air heat, central air conditioning, natural gas availability, and three bathrooms. Its configuration supports office use within a compact commercial setting.
The building occupies the corner of Gull Road and Trimble Avenue in Kalamazoo, with walking access to Beacon Kalamazoo, formerly Borgess Hospital. C-1 Local Business District zoning allows some retail use. The parcel along Gull Road in front of the building is not owned by the seller.
The building occupies the corner of Gull Road and Trimble Avenue in Kalamazoo, with walking access to Beacon Kalamazoo, formerly Borgess Hospital. C-1 Local Business District zoning allows some retail use. The parcel along Gull Road in front of the building is not owned by the seller.
Key Highlights
- 2,213‑square‑foot office building on 0.33 acres
- C‑1 Local Business District zoning allows some retail use
- Freestanding building at Gull Road and Trimble Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,180
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,600
$443.6K
Cap Rate 7%
$316,857
$316.9K
Cap Rate 9%
$246,444
$246.4K
Market Conditions
NOI Build-Up for 2,213 SF
Gross rent
$31.9K $14.40/SF
− Vacancy
−$2.3K −$1.04/SF
EGI
$29.6K $13.36/SF
− OpEx
−$7.4K −$3.34/SF
NOI
$22.2K $10.02/SF
Area
Kalamazoo County, MI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,600
Cap Rate 7%
$316,857
Cap Rate 9%
$246,444
Alternative Uses
Best Use
Office B
$316.9K
$277.3K – $369.7K
NOI $22,180 @ 7.0% cap · market cap 8.88%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$579.1K
$506.7K – $675.6K
NOI $40,537 @ 7.0% cap · market cap 16.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,064
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Two-bathroom office property with central air and flexible local-business zoning.
Where is this office building located?
The property is located at 1516 Trimble Avenue Kalamazoo, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,213‑square‑foot office building on 0.33 acres; C‑1 Local Business District zoning allows some retail use; Freestanding building at Gull Road and Trimble Avenue
