Renovated Restaurant
For Lease
$23 SF/Yr
234 W Michigan Avenue, Kalamazoo, MI 49007
COMMERCIAL - Kalamazoo, MI
Space SizeContact for details
Lot Size0.14 Acres
Days on Market8
Property Features for 234 W Michigan Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning description
D-2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Fireplace
1
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
Standard status
Active
APN
06-15-354-130
Size
1,591 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
80 ORIGINAL PLAT W 22FT OF LOT 30. PA 255 8780060
Legal Description
80 ORIGINAL PLAT W 22FT OF LOT 30. PA 255 8780060
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1890
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Kara Schroer · License #6501373674
(269) 459-0435
Added: Aug 4
Last Checked: Aug 11 at 8:06PM
MLS# 26040341
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.
Investment Insights
Based on property information with market context.
This conventional restaurant space offers 1,591 square feet on the main level along with a full basement. The building dates to 1890 and was renovated in 2019, retaining brick and masonry construction. Forced-air heating, central air, two bathrooms, and a fireplace are among the existing features. Landlord-owned furniture, fixtures, and equipment may be leased separately.
The property is positioned on W. Michigan Avenue in Downtown Kalamazoo's CCBD, near the Kalamazoo Mall, Arcadia Creek Festival Site, Radisson Hotel, and the new arena site. Six parking spaces behind the building are available for staff. The parcel encompasses 0.14 acres.
The property is positioned on W. Michigan Avenue in Downtown Kalamazoo's CCBD, near the Kalamazoo Mall, Arcadia Creek Festival Site, Radisson Hotel, and the new arena site. Six parking spaces behind the building are available for staff. The parcel encompasses 0.14 acres.
Key Highlights
- 1,591 SF restaurant space plus a full basement
- Renovated in 2019; 1890 building retains brick and masonry character
- Six parking spaces available behind the building for staff
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant premises include a full basement and landlord-owned furniture, fixtures, and equipment available under a separate lease.
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: 1,591 SF restaurant space plus a full basement; Renovated in 2019; 1890 building retains brick and masonry character; Six parking spaces available behind the building for staff
