Renovated Restaurant
For Lease
$22 SF/Yr
234 W Michigan Ave, Kalamazoo, MI 49007
Historic brick-and-masonry restaurant space with a full basement and staff parking available.
Space SizeContact for details
Days on Market14
Property Features for 234 W Michigan Ave
General Information
Standard status
Active
Total Parking Spaces
6
Additional Details
Space Use
Restaurant
Equipment Included
No
Building Details
Year Built
1890
Year Renovated
2019
Construction
masonry
Listing Agency:
NAI Wisinski of West Michigan
Listed By:
Kara Schroer · License #6501373674
(269) 353-0311
Source:
Katie-k
Added: Sep 12
Changed: Sep 16
Last Checked: Sep 24 at 1:42PM
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 available for lease at 234 W Michigan Ave in Downtown Kalamazoo’s CCBD. The property includes approximately 1,591 square feet plus a full basement, with historic brick and masonry character retained through a 2019 renovation. Landlord-owned furniture, fixtures, and equipment may also be leased.
The property is positioned near the Kalamazoo Mall, Arcadia Creek Festival Site, Radisson Hotel, and new arena site. Six parking spaces behind the building are available for staff, adding practical support for restaurant operations in the downtown setting.
The property is positioned near the Kalamazoo Mall, Arcadia Creek Festival Site, Radisson Hotel, and new arena site. Six parking spaces behind the building are available for staff, adding practical support for restaurant operations in the downtown setting.
Key Highlights
- Approximately 1,591 SF plus a full basement
- Renovated in 2019 with historic brick and masonry character
- Landlord’s furniture, fixtures & equipment available for lease
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /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
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Market
Lease Benchmarks for Kalamazoo, MI
$21.33 /SF/Yr
Avg Asking Price
$16–$29 /SF/Yr
Price Range
10,823 SF
Avg Space Size
This space is priced 3% above the average of $21.33 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Historic brick-and-masonry restaurant space with a full basement and staff parking available.
Where is this conventional restaurant located?
The property is located at 234 W Michigan Ave Kalamazoo, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Approximately 1,591 SF plus a full basement; Renovated in 2019 with historic brick and masonry character; Landlord’s furniture, fixtures & equipment available for lease
