Historic Retail
New
For Lease
$15 SF/Yr
308 W Michigan Ave, Kalamazoo, MI 49007
Classic storefront, high ceilings, and white box delivery create a flexible retail setting.
Space Size1,500 SF - 3,000 SF
Days on Market3
Property Features for 308 W Michigan Ave
General Information
Standard status
Active
Size
1,500 SF - 3,000 SF
Net Rentable
1,500 SF
Space & Availability
Available Space
1,500-3,000 SF
Contiguous Space
3,000 SF
Building Details
Year Built
1850
Listing Agency:
Dover Birch & Associates
Listed By:
Rob Peterson · License #6502431087
(269) 276-0402
Source:
Katie-k
Added: Sep 21
Last Checked: Sep 22 at 10:08PM
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 6,160-square-foot retail property was built in 1850 and retains a classic storefront profile with high ceilings. The space will be delivered in white box condition, providing a defined starting point for a new commercial buildout. The available configuration is described as accommodating approximately 1,500 to 3,000 square feet.
The building is located one block from the upcoming Kalamazoo Event Center. Its prior identity as a bookstore and newsstand remains part of the property's history, while current plans call for converting the upper level to apartments. The owner is also open to alternative concepts for that portion of the building.
The building is located one block from the upcoming Kalamazoo Event Center. Its prior identity as a bookstore and newsstand remains part of the property's history, while current plans call for converting the upper level to apartments. The owner is also open to alternative concepts for that portion of the building.
Key Highlights
- 6,160‑square‑foot retail property built in 1850
- Classic storefront with high ceilings
- Delivered in white box condition
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,946
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 13%
Hotels & Casinos 10%
Home Improvements & Furnishings 2%
McDonald's
Dining
15,871 visits/mo
0.5 miles
Checkers
Dining
6,149 visits/mo
0.1 miles
Lee's Famous Recipe Chicken
Dining
5,202 visits/mo
0.5 miles
Barrio Tacos
Dining
4,643 visits/mo
0.4 miles
Hilton Garden Inn Kalamazoo Downtown
Hotels & Casinos
4,289 visits/mo
0.5 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
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Market
Lease Benchmarks for Kalamazoo, MI
$17.38 /SF/Yr
Avg Asking Price
$9–$29 /SF/Yr
Price Range
8,115 SF
Avg Space Size
This space is priced 14% below the average of $17.38 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Classic storefront, high ceilings, and white box delivery create a flexible retail setting.
Where is this storefront property located?
The property is located at 308 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: 6,160‑square‑foot retail property built in 1850; Classic storefront with high ceilings; Delivered in white box condition
