215 N Kalamazoo Street, Paw Paw, MI 49079
COMMERCIAL - Paw Paw, MI
- Added:
- Jan 7, 2026
- Days on Market:
- 164
- Last Refresh:
- Jun 20 at 2:06 am
Property Features for 215 N Kalamazoo Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 2
- Interior features
- Broadband
- Standard status
- Active
- APN
- 80-47-105-009-00
- Size
- 1,885 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- in file
- Tax Annual Amount
- 5972
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1952
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick
Listing agent Mark Gale (269) 268-6283
Listing office Gale Realty, LLC P.O. Box 83, Paw Paw, MI (269) 657-8140
Listing date Jan 7, 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.
HighLights
- Brick office building built in 1952 with central air and forced‑air heating
- Large corner lot with fenced paved parking lot
- Office layout includes 6 private offices and a conference room
- Stunning front lobby and 3 bathrooms, plus handicap ramp accessibility
- Full basement with a full bath and shower
- Listed price includes all furniture, desks and chairs, and file cabinets
Overview
Located in downtown Paw Paw, the property is positioned next to the Post Office and other downtown businesses, with the courthouse approximately two blocks away. The setting supports a professional, walk-in and client-facing environment where convenient access to services may matter to prospective tenants.
Ideal for professional office users seeking ready-to-operate space, the configuration supports multiple individual work areas plus a meeting setting. The listing notes that the sale price includes furniture, desks and chairs, and file cabinets, which can reduce initial setup time. A possible land contract is also mentioned, offering an alternative financing path for qualified buyers.
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 | $32.1k | $17.04 |
| − Vacancy | −$6.4k | −$3.37 |
| EGI | $25.8k | $13.67 |
| − OpEx | −$6.4k | −$3.42 |
| NOI | $19.3k | $10.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Paw Paw
- County
- Van Buren
- State
- Michigan
- Longitude
- -85.891161
- Latitude
- 42.219342
