1516 Trimble Avenue Kalamazoo, MI 49048
COMMERCIAL - Kalamazoo, MI
Property Features for 1516 Trimble Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Parking
- 15
- 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
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1951
- Number of units
- 1
Listing agent Joanne K Becker License #6502342093 (269) 217-9878
Listing office Chuck Jaqua, REALTOR 414 W Milham Road, Portage, MI (269) 381-7653
Listing date Jul 14, 2026
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.
Investment Insights
Based on property information with market context.
The building is located at the corner of Gull Road and Trimble Avenue and offers high visibility. It is situated within walking distance of Beacon Kalamazoo (formerly Borgess Hospital). The property is zoned C-1.
Key Highlights
- Free‑standing office building on the corner of Gull Road and Trimble Avenue
- Zoned C‑1
- Central air and forced‑air heating
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.9k | $14.40 |
| − Vacancy | −$2.3k | −$1.04 |
| EGI | $29.6k | $13.36 |
| − OpEx | −$7.4k | −$3.34 |
| NOI | $22.2k | $10.02 |
