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Retail Space on Kalamazoo Mall
For Lease
$15 SF/Yr

217 S Kalamazoo Mall, Kalamazoo, MI 49007

Move-in ready retail space in downtown Kalamazoo.

Space SizeContact for details
Lot Size0.04 Acres
Days on Market159

Property Features for 217 S Kalamazoo Mall

General Information

Standard status Active
Lot size 0.04 Acres
Property subtype Commercial

Building Details

Year Built 1937
Units 1
Listing Agency: NAI Wisinski of West Michigan - Kalamazoo
Listed By: Connor Schultze · License #6506044331
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 13 at 9:59AM

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 - Kalamazoo

Investment Insights

Based on property information with market context.

This property offers 1,982 square feet of retail space situated on South Kalamazoo Mall, a prominent commercial area within the city. The layout is open and ready for immediate occupancy. An additional 1,200 square feet in the lower level provides space for storage or other operational needs. The location benefits from high visibility and strong pedestrian traffic, complemented by convenient nearby parking options. Positioned in downtown Kalamazoo, the property is surrounded by a mix of established retailers, creative office spaces, and new residential developments. A $550+ million arena project is currently under construction in the vicinity. This upcoming venue is planned to host WMU hockey games and other major events, with the expectation of attracting thousands of visitors to the area annually. The lease term is 60 months.

Key Highlights

  • Located on South Kalamazoo Mall, a highly active commercial corridor.
  • Move‑in ready, open layout retail space.
  • High visibility and strong foot traffic.

Property Analytics

Current Use

Milan The Style Shop Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Acupuncture Clothing & Fashion Store Supermarket Grocery & Convenience Store

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,165
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 41% Hotels & Casinos 12% Electronics 2%
McDonald's Dining
15,871 visits/mo 0.3 miles
Shell Shops & Services
13,648 visits/mo 0.4 miles
Checkers Dining
6,149 visits/mo 0.5 miles
Barrio Tacos Dining
4,643 visits/mo 0.1 miles
Family Dollar Shops & Services
4,370 visits/mo 0.5 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

Lease Benchmarks for Kalamazoo, MI

$15.28 /SF/Yr
Avg Asking Price
$9–$21 /SF/Yr
Price Range
13,619 SF
Avg Space Size

This space is priced 2% below the average of $15.28 /SF/Yr.

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?
Retail space - Move-in ready retail space in downtown Kalamazoo.
Where is this retail space located?
The property is located at 217 S Kalamazoo Mall Kalamazoo, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Located on South Kalamazoo Mall, a highly active commercial corridor.; Move‑in ready, open layout retail space.; High visibility and strong foot traffic.
More about this property
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