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Two-Story Mixed-Use Property
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180 Portage Street, Kalamazoo, MI 49007

D2-zoned property in a Michigan Opportunity Zone near downtown dining, shops, cultural attractions, and convenient structured parking.

Property Size77,046 SF
Lot Size1.84 Acres
Days on Market117

Property Features for 180 Portage Street

General Information

Standard status Active
Size 77,046 SF
Total Parking Spaces 1268
Lot size 1.84 Acres
Property subtype Retail, Mixed Use
Zoning Commercial Central Business District (CCBD)
Lease Type NNN
Investment Type Net Lease
Net Operating Income $192,000

Additional Details

Opportunity Zone Yes
Public Transit Yes

Building Details

Year Built 2006
Buildings 1
Stories 2
Tenancy Single
Listing Agency: Mid-America Real Estate - Michigan, Inc.
Listed By: Brad Rosenberg · License #6501204147
Source: Crexi
Added: May 7 Changed: Aug 29 Last Checked: Aug 31 at 6:30AM

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 Mid-America Real Estate - Michigan, Inc.

Investment Insights

Based on property information with market context.

This two-floor mixed-use property contains 77,046 SF on 1.838 acres and carries D2 zoning. The asset is positioned for redevelopment or repurposing consistent with mixed-use, hospitality, or multifamily concepts, as identified in the property information.

At 180 Portage Street in downtown Kalamazoo, the building stands across from Western Michigan University’s Homer Stryker M.D. School of Medicine. The Kalamazoo Mall is two blocks away, while the Kalamazoo Amtrak Station can be reached in a 10-minute walk. The property connects to the Kalamazoo Mall Ramp and sits across South Street from the Epic Center Ramp, providing access to over 1,200 parking spaces within one block.

The surrounding downtown area includes new apartment, hotel, and municipal development. A 453,000 SF Kalamazoo Event Center is under construction less than half a mile away and is planned to host more than 230 events annually.

Key Highlights

  • 77,046 SF building on 1.838 acres
  • Two‑floor mixed‑use property with D2 zoning
  • Located within a Michigan Opportunity Zone

Property Analytics

Current Use

KP Cinemas Cinema

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store Grocery & Convenience Store Furniture & Home Goods

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

3,168
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Hotels & Casinos 18% Shops & Services 11% Electronics 2%
McDonald's Dining
15,871 visits/mo 0.4 miles
Checkers Dining
6,149 visits/mo 0.4 miles
Barrio Tacos Dining
4,643 visits/mo 0.2 miles
Hilton Garden Inn Kalamazoo Downtown Hotels & Casinos
4,289 visits/mo 0.4 miles
Home2 Suites Hotels & Casinos
3,008 visits/mo 0.4 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - D2-zoned property in a Michigan Opportunity Zone near downtown dining, shops, cultural attractions, and convenient structured parking.
Where is this mixed-use property located?
The property is located at 180 Portage Street Kalamazoo, MI.
What are key features of this property?
This property features: 77,046 SF building on 1.838 acres; Two‑floor mixed‑use property with D2 zoning; Located within a Michigan Opportunity Zone
(248) 855-6800 Call to check price and availability
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