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Flex Space with Warehouse
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 Market78

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

Additional Details

Warehouse Heated Yes

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

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: Oct 27 Last Checked: Nov 3 at 9:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

Available for lease, this 3,900-square-foot flex space combines office and warehouse areas across two connected suites. The insulated warehouse can be heated year-round and has an overhead door approximately 9 feet high. The space also includes floor drains, two private restrooms, three-phase power, and fiber internet access. Ceiling height is approximately 10 feet.

The property is just off the I-94 Sprinkle Road exit in the Business One complex. Light industrial zoning and on-site parking are also features of the property. The space is offered as-is, with build-to-suit options available; customization and lease terms may be negotiated based on project scope.

Key Highlights

  • 3,900 square feet of combined office and warehouse space
  • Two connected suites with an insulated, heatable warehouse
  • Overhead door approximately 9 feet high; ceilings approximately 10 feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Floor Coverings International ... Carpet & Flooring Store

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store Law Firm Butcher

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

Yes
Highway access
Yes
Paved road access
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Kalamazoo, MI

$8.03 /SF/Yr
Avg Asking Price
$5.95–$13.26 /SF/Yr
Price Range
13,117 SF
Avg Space Size

This space is priced 13% below the average of $8.03 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Flex space - Two connected suites combine office and warehouse areas, including an insulated warehouse that can be heated year-round.
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 square feet of combined office and warehouse space; Two connected suites with an insulated, heatable warehouse; Overhead door approximately 9 feet high; ceilings approximately 10 feet
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