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Mixed-Use Property with Apartments
For Sale
Contact for pricing
Pending

2423 Parkview, Kalamazoo, MI 49008

Three commercial units and three apartments create a flexible neighborhood-based property configuration.

Property Size4,098 SF
Days on Market144

Property Features for 2423 Parkview

General Information

Standard status Pending
Size 4,098 SF
Property subtype Retail, Mixed Use
Occupancy 100%

Site & Location

Traffic Count 15,363 vehicles/day
Road Access Yes

Units

Unit Mix 1 x studio, 2 x 1BR
Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: NAI Wisinski of West Michigan - Kalamazoo
Listed By: Kara Schroer, CCIM · License #MI 6501373674
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 5:14AM

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 mixed-use property contains approximately 4,098 square feet arranged among three commercial units, one studio apartment, and two one-bedroom apartments. The residential component is fully occupied and has a stable occupancy history, while two of the commercial units are occupied. The configuration accommodates both commercial and residential uses within one building and may suit an owner-occupant or investment strategy.

Positioned along Parkview Avenue in Kalamazoo, the property is set in a neighborhood environment with reported traffic of 15,363 ADT from KATS ’18. Its combination of commercial suites and apartment units provides multiple income-producing components within a single mixed-use asset.

Key Highlights

  • Approximately 4,098 SF mixed‑use property
  • Three commercial units plus one studio and two 1‑bedroom apartments
  • Apartments are currently full with a stable history of occupancy

Property Analytics

Current Use

Soul Shift Tattoo ... (Bike/Boat/Book/etc) Store Mark Reisterer, Realtor ... Real Estate Agency Arin Riggins, Realtor ... Real Estate Agency Connect Home Buyers Real Estate Agency Reconnect Real Estate Real Estate Agency

Suggested Use

Top Pick Restaurant Hair Salon Auto Repair Shop Building Supply Auto Parts Store Big Box & Wholesale 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

3
Residential units
15,363 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 49008, MI

18,343
Population
7,124
Households
2.6
Avg Household Size
31
Median Age
55%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
2,738
Density / Sq Mi
$67,339
Median Household Income
$31,756
Median Earnings
$1,005
Median Rent
$202,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three commercial units and three apartments create a flexible neighborhood-based property configuration.
Where is this mixed-use property located?
The property is located at 2423 Parkview Kalamazoo, MI.
What are key features of this property?
This property features: Approximately 4,098 SF mixed‑use property; Three commercial units plus one studio and two 1‑bedroom apartments; Apartments are currently full with a stable history of occupancy
(269) 353-0311 Call to check price and availability
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