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Freestanding Office Building
For Lease
$15 SF/Yr

2318 Gull Rd, Kalamazoo, MI 49048

Two levels provide a mix of open workspace, private offices, and support areas.

Space SizeContact for details
Days on Market12

Property Features for 2318 Gull Rd

General Information

Standard status Active
Property subtype Commercial

Space & Availability

Space Use Office
Private Offices 5

Additional Details

Lease Term 60 months
Road Access Yes

Amenities

onsite parking
signage available
dry basement for storage

Building Details

Year Built 1930
Units 1
Listing Agency: Dover Birch & Associates
Listed By: Rob Peterson · License #6502431087
Source: Elliman
Added: Sep 26 Last Checked: Oct 5 at 6:32PM

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 Dover Birch & Associates

Investment Insights

Based on property information with market context.

This two-story office property at 2318 Gull Road dates to 1930. The main level combines an open work area with two offices, a restroom, and a kitchen. Three additional offices and a full bathroom occupy the upper floor, while a dry basement offers storage space. Interior details include hardwood flooring, original woodwork, and abundant natural light.

On-site parking and signage are available. The lease term is 36–60 months.

Key Highlights

  • Two floors with five offices and an open workspace
  • Main level includes a kitchen and restroom; upper floor has a full bathroom
  • Dry basement provides storage

Property Analytics

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Current Use

Paragon Health Medical Group Rowe Orthopaedic Center Medical Clinic Hanger Clinic: Prosthetics ... Orthotics & Prosthetics Service Rowe Bruce a MD Physician Kevin Hetland Orthotics & Prosthetics Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Dental Office

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

943
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Kalamazoo, MI

$20.22 /SF/Yr
Avg Asking Price
$7–$53.1 /SF/Yr
Price Range
31,379 SF
Avg Space Size

This space is priced 26% below the average of $20.22 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two levels provide a mix of open workspace, private offices, and support areas.
Where is this office building located?
The property is located at 2318 Gull Rd Kalamazoo, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Two floors with five offices and an open workspace; Main level includes a kitchen and restroom; upper floor has a full bathroom; Dry basement provides storage
More about this property
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