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Retail Space
New
For Lease
$18 SF/Yr

3040 Portage St, Kalamazoo, MI 49001

The offering carries a 12-month lease term.

Space Size900 SF
Days on Market3

Property Features for 3040 Portage St

General Information

Standard status Active
Size 900 SF
Net Rentable 900 SF
Property subtype Commercial

Space & Availability

Available Space 900 SF
Contiguous Space 900 SF

Additional Details

Lease Term 12 months

Building Details

Year Built 1956
Units 2
Listing Agency: Chuck Jaqua, REALTOR
Listed By: Aman D Dhillon
Source: Elliman
Added: Sep 24 Last Checked: Sep 24 at 2:49PM

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 Chuck Jaqua, REALTOR

Investment Insights

Based on property information with market context.

This retail space contains approximately 900 SF and dates to 1956. The layout is described as suitable for retail, office, professional, or service functions, subject to zoning. The stated lease term is 12 months.

At 3040 Portage St in Kalamazoo, the property has a bikeScore of 61 (Bikeable) and a walkScore of 35 (Car-Dependent).

Key Highlights

  • Approximately 900 SF of commercial space
  • 12‑month lease term
  • Built in 1956

Property Analytics

Current Use

Handkrafted (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Spa & Massage Center Real Estate Agency Hair Salon Parking Lot & Garage Kitchen & Bath Showroom

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Dining 15%
Dollar General Shops & Services
7,320 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
3,157 visits/mo 0.1 miles
Hungry Howie's Pizza Dining
2,386 visits/mo 0.1 miles
AutoZone Shops & Services
1,841 visits/mo 0.3 miles
Old National Bank Shops & Services
1,187 visits/mo 0.2 miles

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$16.42 /SF/Yr
Avg Asking Price
$9–$29 /SF/Yr
Price Range
18,752 SF
Avg Space Size

This space is priced 10% above the average of $16.42 /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
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Frequently Asked Questions

What type of property is this?
Retail space - The offering carries a 12-month lease term.
Where is this retail space located?
The property is located at 3040 Portage St Kalamazoo, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 900 SF of commercial space; 12‑month lease term; Built in 1956
More about this property
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