Renovated Restaurant
For Lease
$23 SF/Yr
234 W Michigan Avenue, Kalamazoo, MI 49007
Historic brick-and-masonry building renovated in 2019, with a full basement and staff parking available.
Space SizeContact for details
Property Size1,591 SF
Days on Market18
Property Features for 234 W Michigan Avenue
General Information
Standard status
Active
Size
1,591 SF
Zoning
Commercial, Office, Residential
Lease Term
Triple Net Lease
Building Details
Building Size
1,591 SF
Year Built
1890
Units
2
Listing Agency:
NAI Wisinski of West Michigan
(269) 459-0435
Listed By:
Kara Schroer · License #6501373674
(269) 459-0435
Source:
Sabudarealty
Added: Aug 4
Changed: Aug 18
Last Checked: Aug 20 at 2:42PM
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
Investment Insights
Based on property information with market context.
Restaurant space occupying approximately 1,591 SF with a full basement in a historic brick-and-masonry building. The property was renovated in 2019 and includes furniture, fixtures, and equipment that may be leased separately. Six parking spaces are available behind the building for staff use.
The premises are located at 234 W Michigan Avenue in downtown Kalamazoo, near the Kalamazoo Mall, Arcadia Creek Festival Site, Radisson Hotel, and the new arena site. Zoning is identified as Commercial, Office, Residential. Lease terms may extend up to 60 months.
The premises are located at 234 W Michigan Avenue in downtown Kalamazoo, near the Kalamazoo Mall, Arcadia Creek Festival Site, Radisson Hotel, and the new arena site. Zoning is identified as Commercial, Office, Residential. Lease terms may extend up to 60 months.
Key Highlights
- Approximately 1,591 SF restaurant space plus a full basement
- Building renovated in 2019 with historic brick/masonry construction
- Furniture, fixtures, and equipment available for lease
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,188
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 38%
Hotels & Casinos 18%
Electronics 2%
McDonald's
Dining
15,871 visits/mo
0.3 miles
Shell
Shops & Services
13,648 visits/mo
0.2 miles
Barrio Tacos
Dining
4,643 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,370 visits/mo
0.4 miles
Hilton Garden Inn Kalamazoo Downtown
Hotels & Casinos
4,289 visits/mo
0.2 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
$20.8 /SF/Yr
Avg Asking Price
$16–$29 /SF/Yr
Price Range
2,643 SF
Avg Space Size
This space is priced 11% above the average of $20.8 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Historic brick-and-masonry building renovated in 2019, with a full basement and staff parking available.
Where is this conventional restaurant located?
The property is located at 234 W Michigan Avenue Kalamazoo, MI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Approximately 1,591 SF restaurant space plus a full basement; Building renovated in 2019 with historic brick/masonry construction; Furniture, fixtures, and equipment available for lease
