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Flex Space with Heated Warehouse
New
For Lease
$7 SF/Yr

2982 Business One Drive, Kalamazoo, MI 49048

Commercial Lease, Kalamazoo, MI

Space Size3,900 SF
Lot Size20.68 Acres
Days on Market5

Property Features for 2982 Business One Drive

General Information

Property type Commercial Lease
Property subtype Office
Zoning description LM - Light Mfg.
Parking 150
Fireplace 1
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Standard status Active
APN 390730380015
Size 3,900 SF
Lot size 20.68 Acres

Taxes and HOA fees

Tax Year 2012
Tax Description : Sec 30-2-10 com S 1/4 post sec 30 th s 89 deg 20 min 15 sec w alg s li sd li se sec 373.27' then 60
Legal Description : Sec 30-2-10 com S 1/4 post sec 30 th s 89 deg 20 min 15 sec w alg s li sd li se sec 373.27' then 60

Utilities

Utilities Phone Available
Heating system Forced Air
Cooling system Central Air

Amenities

private restrooms
fiber internet access

Building Details

Year built 1991
Number of units 1
Building materials Brick, Stone
Roof type Composition
Listing Agency: Elite Realty Group
Listed By: Justin M Lennon
Added: Aug 18 Changed: Aug 20 Last Checked: Aug 22 at 12:06PM
MLS# 26043672

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 flex-space offering provides 3,900 square feet across two connected suites within the Business One complex at 2982 Business One Drive. The layout combines office and warehouse areas, with an insulated warehouse that can be heated throughout the year. A large overhead door measuring approximately 9 feet high supports loading and unloading, while floor drains, two private restrooms, and approximately 10-foot ceilings add practical utility. Forced-air heat, central air, three-phase power availability, and fiber internet access are also provided.

The property is positioned just off I-94 at the Sprinkle Road exit in Kalamazoo, with access suited to manufacturing, warehousing, distribution, contractors, assembly, and related commercial operations. Light industrial zoning supports a broad range of permitted uses, and on-site parking is available. The larger property encompasses 20.68 acres and was built in 1991.

Key Highlights

  • 3,900 SF of combined office and warehouse space in two connected suites
  • Insulated warehouse can be heated year‑round
  • Overhead door approximately 9 feet high with floor drains

Property Analytics

Current Use

Floor Coverings International ... Carpet & Flooring Store

Suggested Use

Top Pick Dental Office Pharmacy Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Carpet & Flooring 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

10 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49048, MI

25,067
Population
10,440
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
35.1 sq mi
ZIP Area
714
Density / Sq Mi
$62,160
Median Household Income
$36,150
Median Earnings
$1,032
Median Rent
$158,300
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$8.62 /SF/Yr
Avg Asking Price
$5.95–$13.26 /SF/Yr
Price Range
8,137 SF
Avg Space Size

This space is priced 19% below the average of $8.62 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Ice Cream On Wheels of Kalamazoo 5281 Wynn Rd, Kalamazoo, MI 49048
  • Millennium Catering & Events 3690 Park Cir Dr, Kalamazoo, MI 49048

Frequently Asked Questions

What type of property is this?
Flex space - Two connected suites combine adaptable office space with an insulated warehouse and interstate access near the Sprinkle Road interchange.
Where is this flex space located?
The property is located at 2982 Business One Drive Kalamazoo, MI.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 3,900 SF of combined office and warehouse space in two connected suites; Insulated warehouse can be heated year‑round; Overhead door approximately 9 feet high with floor drains
More about this property
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