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Downtown Retail Storefront
For Lease
$15 SF/Yr Modified Gross

302 W Michigan Ave, Kalamazoo, MI 49007

Classic storefront with high ceilings, D2 zoning, and planned white-box delivery for retail or other commercial use.

Space Size1,540 SF - 3,080 SF
Days on Market171

Property Features for 302 W Michigan Ave

General Information

Standard status Active
Size 1,540 SF - 3,080 SF
Net Rentable 1,540 SF
Property subtype Retail
Zoning D2
Lease Type Modified Gross

Additional Details

Available Space 1,540-3,080 SF

Spaces For Lease

at 302 W Michigan Ave Contact us

Available Space $15/Mo

Contact us
Listing Agency: Dover Birch & Associates
Listed By: Rob Peterson · License #6502431087
Source: Carwm.resimplifi
Added: Mar 13 Changed: Aug 28 Last Checked: Aug 29 at 5:58AM

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 Dover Birch & Associates

Investment Insights

Based on property information with market context.

This storefront retail property at 302 W Michigan Ave includes a classic street-facing facade and high ceilings. The building is under renovation and is planned for delivery in white-box condition, creating a clean starting point for a new commercial build-out. Build-to-suit planning is also identified for the property.

The upper level is being considered for conversion to apartments, although the owner is open to alternative concepts. The property’s prior bookstore and newsstand use is noted in the existing information, while future occupancy is not limited to that format. D2 zoning supports the property’s commercial positioning in downtown Kalamazoo.

Key Highlights

  • Classic storefront with high ceilings
  • Planned white‑box delivery following renovation
  • D2 zoning

Property Analytics

Current Use

Trim Michigan Avenue ... Hair Salon Dream Claudia Corinne Shipping Company

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Auto Parts Store Grocery & Convenience Store Nail Salon (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,188
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use

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

$15.44 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
4,655 SF
Avg Space Size

This space is priced 3% below the average of $15.44 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Classic storefront with high ceilings, D2 zoning, and planned white-box delivery for retail or other commercial use.
Where is this storefront property located?
The property is located at 302 W Michigan Ave Kalamazoo, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Classic storefront with high ceilings; Planned white‑box delivery following renovation; D2 zoning
More about this property
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