Kalamazoo Office Investment
2555 S 11th Street, Kalamazoo, MI 49009
New
- Added:
- May 21, 2026
- Days on Market:
- 1
- Last Refresh:
- May 21 at 7:06 pm
Property Features for 2555 S 11th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 05-25-404-020
- Size
- 3,528 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- EXPRESSWAY BUSINESS PARK UNIT 2 * 5-99 1999 SPLIT FROM 25-405-011
- Tax Annual Amount
- 14328
Utilities
- Utilities
- Phone Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2000
- Floors in Building
- 1
- Number of units
- 5
- Building materials
- Brick, Stone
Listing agent Connor Schultze License #6501453214 (269) 370-6437
Listing office NAI Wisinski of West Michigan 650 Trade Centre Way, Ste 130, Kalamazoo, MI (269) 353-0311
Listing date May 21, 2026
MLS# 26023968
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.
HighLights
- Excellent regional access due to proximity to I‑94 and location near S 11th Street & Stadium Drive.
- Move‑in‑ready, perfectly designed interior office build out.
- Stable, long‑term tenancy with below‑market rents providing immediate upside and in‑place cash flow.
- Flexible owner occupancy: suitable for investors or owner‑users, with the current owner able to remain short term or vacate.
- Ample on‑site parking.
- Well‑maintained landscaping and cared‑for exterior.
Overview
Located near the intersection of S 11th Street and Stadium Drive, and one block from I-94, the property at 2555 S 11th Street is situated within a well-established professional office park. The property offers regional access and surrounding amenities. The building features landscaping and a cared-for exterior. The interior office build out is designed to create a move-in-ready environment. The tenancy is stable with medium length lease terms. Current rents are slightly below market, providing upside while preserving in-place cash flow. The asset is suitable for both investors and owner-users. The current owner occupies space and is flexible, able to remain short term while an investor secures a new tenant, or vacate to accommodate an owner-occupant's timeline, allowing an owner to leverage existing rental income to offset occupancy costs. The property has on-site parking, visibility and access in an office corridor. The property contains 3,528 square feet and is located in Kalamazoo, MI 49009.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$392.9K
NOI $35,359 @ 9.00% cap · cautious / downside scenario
Moderate
$505.1K
NOI $35,359 @ 7.00% cap · market / base-case scenario
Aggressive
$707.2K
NOI $35,359 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.8k | $14.40 |
| − Vacancy | −$3.7k | −$1.04 |
| EGI | $47.1k | $13.36 |
| − OpEx | −$11.8k | −$3.34 |
| NOI | $35.4k | $10.02 |
3,528 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$505.1K
$442.0K – $589.3K
NOI $35,359 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$923.2K
$807.8K – $1.08M
NOI $64,624 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Investment Plus
Insurance Agency
Knibbe Paul
Financial Advisor
Relax A Daisy LLC
Alternative Medicine Practice
Carla Stratton, DC
Alternative Medicine Practice
Stratton Chiropractic Clinic
Alternative Medicine Practice
Location Insight
- Map
- Local Demand
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Longitude
- -85.657662
- Latitude
- 42.266456
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Established office park with upside potential near I-94.
Where is this office building located?
The property is located at 2555 S 11th Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Excellent regional access due to proximity to I‑94 and location near S 11th Street & Stadium Drive.; Move‑in‑ready, perfectly designed interior office build out.; Stable, long‑term tenancy with below‑market rents providing immediate upside and in‑place cash flow.
