Commercial Flex Building with Overhead
3499 E Main St Kalamazoo, MI 49048
For Sale
$299,900
Move-in-ready flex space with office and multiple overhead doors supports a range of automotive, service, and light industrial uses.
Property Size3,780 SF
Lot Size0.24 Acres
Price / SF$79.34
Days on Market101
Property Features for 3499 E Main St
General Information
Standard status
Active
Size
3,780 SF
Lot size
0.24 Acres
Listing Agency:
Epique Realty
(248) 568-5958
Listed By:
David Elwood
(248) 568-5958
Source:
Exprealty
Added: Apr 21
Changed: Jul 10
Last Checked: Jul 29 at 5:59PM
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 Epique Realty
Investment Insights
Based on property information with market context.
The property is a move-in-ready commercial building of 3,780 square feet with a functional small office and one full bathroom. It has been recently improved with a new roof installed in 2024 and backed by a 10-year warranty, along with upgraded wall insulation and new interior siding. The interior is set up for industrial-capable operations, including 10-foot and 12-foot automatic overhead doors. Mechanical and shop support systems include a new heating unit and a high-functioning air compressor with multiple hook-ups throughout the workspace.
The building is located at 3499 E Main Street in Kalamazoo Charter Township. It sits on a 0.24-acre lot with public water and sewer and natural gas connectivity. The property is zoned CC (Community Commercial), providing flexibility for a variety of small-to-medium commercial uses.
For tenants or owner-occupiers, the overhead door configuration and compressed-air setup make the building a practical fit for auto services such as repair or detail work. It can also function well for contractor and trade uses that need office space plus shop capabilities and equipment support. Alternatively, the CC zoning and street visibility along E Main St support specialty retail or showroom-style businesses, with potential for small-scale distribution or light industrial activity depending on use requirements.
The building is located at 3499 E Main Street in Kalamazoo Charter Township. It sits on a 0.24-acre lot with public water and sewer and natural gas connectivity. The property is zoned CC (Community Commercial), providing flexibility for a variety of small-to-medium commercial uses.
For tenants or owner-occupiers, the overhead door configuration and compressed-air setup make the building a practical fit for auto services such as repair or detail work. It can also function well for contractor and trade uses that need office space plus shop capabilities and equipment support. Alternatively, the CC zoning and street visibility along E Main St support specialty retail or showroom-style businesses, with potential for small-scale distribution or light industrial activity depending on use requirements.
Key Highlights
- 3,780 SF commercial building at 3499 E Main Street in Kalamazoo Charter Township
- CC (Community Commercial) zoning supports retail, service, and office uses
- New roof installed 2024 with a 10‑year warranty, plus upgraded wall insulation and new interior siding
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $12.00 |
| − Vacancy | −$8.1k | −$2.15 |
| EGI | $37.2k | $9.85 |
| − OpEx | −$11.2k | −$2.96 |
| NOI | $26.1k | $6.90 |
3,780 SF · lease $12.00/SF/yr · vacancy 17.90% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$989.1K
$865.5K – $1.15M
NOI $69,240 @ 7.0% cap · market cap 23.09%
Second Best
Industrial
$814.6K
$712.8K – $950.4K
NOI $57,022 @ 7.0% cap · market cap 19.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Frances Street Hot Dogs — 3818 Francis Ave, Kalamazoo, MI 49048
Frequently Asked Questions
What type of property is this?
Flex space - Move-in-ready flex space with office and multiple overhead doors supports a range of automotive, service, and light industrial uses.
Where is this flex space located?
The property is located at 3499 E Main St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3,780 SF commercial building at 3499 E Main Street in Kalamazoo Charter Township; CC (Community Commercial) zoning supports retail, service, and office uses; New roof installed 2024 with a 10‑year warranty, plus upgraded wall insulation and new interior siding
