Retail Building Attached to Parking
For Sale
$690,000
321 S Kalamazoo Mall, Kalamazoo, MI 49007
COMMERCIAL - Kalamazoo, MI
Property Size18,000 SF
Lot Size0.14 Acres
Price / SF$38.33
Days on Market326
Property Features for 321 S Kalamazoo Mall
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
201 Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Basement, Bathroom 2, Bathroom 1
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
Subdivision
Greater Kalamazoo - K
Standard status
Active
APN
on file
Size
18,000 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
on file
Tax Annual Amount
28000
Legal Description
on file
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Amenities
caged storage
partially finished areas
attached to Epic Parking Garage
Building Details
Year built
1980
Floors in Building
3
Number of units
3
Building materials
Brick, Stone
Roof type
Rubber
Listing Agency:
Vernon Group Realty
(269) 353-1681
Listed By:
Matthew T Vernon · License #6501331622
(269) 353-1681
Added: Sep 30, 2025
Changed: Aug 4
Last Checked: Aug 21 at 6:06AM
MLS# 25050015
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 mixed-use retail building offers upgraded interior finishes and a configuration spread across three floors, with approximately 6,000 SF per floor as stated in the remarks. The first and second floors are fully leased by two businesses under modified gross leases. The landlord also provides caged storage and includes partially finished areas.
The building is attached to the Epic Parking Garage for convenience and is described as being in walking proximity to restaurants, brewpubs, coffee shops, and retail in downtown Kalamazoo. The property is located in a new Tax incentivized Opportunity Zone.
The structure is described as engineered to add one additional floor, and it is built with concrete and steel construction. The seller is a licensed broker.
The building is attached to the Epic Parking Garage for convenience and is described as being in walking proximity to restaurants, brewpubs, coffee shops, and retail in downtown Kalamazoo. The property is located in a new Tax incentivized Opportunity Zone.
The structure is described as engineered to add one additional floor, and it is built with concrete and steel construction. The seller is a licensed broker.
Key Highlights
- Mixed‑use building with brick and stone construction and forced‑air heating
- Central air and rubber roof; built in 1980
- 6,000 SF total across 3 floors with modified gross leases; 1st and 2nd floors fully leased by 2 businesses
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,165
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 41%
Hotels & Casinos 12%
Electronics 2%
McDonald's
Dining
15,871 visits/mo
0.3 miles
Shell
Shops & Services
13,648 visits/mo
0.4 miles
Checkers
Dining
6,149 visits/mo
0.5 miles
Barrio Tacos
Dining
4,643 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,370 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Mixed-use retail building with upgraded interior finishes and convenient access via an attached parking garage.
Where is this storefront property located?
The property is located at 321 S Kalamazoo Mall Kalamazoo, MI.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Mixed‑use building with brick and stone construction and forced‑air heating; Central air and rubber roof; built in 1980; 6,000 SF total across 3 floors with modified gross leases; 1st and 2nd floors fully leased by 2 businesses
