Retail Building on Westnedge
3811 S Westnedge Avenue Kalamazoo, MI 49008
3811 S Westnedge Avenue, Kalamazoo, MI, 49008
$650,000
For Sale
$650,000
COMMERCIAL - Kalamazoo, MI
Property Size2,623 SF
Price / SF$247.81
Days on Market54
Property Features for 3811 S Westnedge Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 06-34-165-103
- Size
- 2,623 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- On file.
- Tax Annual Amount
- 20921
Utilities
- Utilities
- Cable Available
- Heating system
- Radiant, Solar (Heating), Forced Air
Building Details
- Year built
- 2015
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Brick
Listing Agency
Kalamazoo Commercial Real Estate
(269) 888-2755
501 W Willard Street, Kalamazoo, MI
Listed by
TJ Ward
(269) 569-4289
Added: May 29 Checked: Jul 21 at 4:06 am
MLS# 26025609
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 2,623 SF freestanding retail building is located on South Westnedge Avenue, between Cork Street and Kilgore Road, within an established commercial area of Kalamazoo, Michigan. The property is approximately 1.5 miles from I-94, providing accessibility for local and regional customers. The building includes on-site parking and pylon signage with a digital sign. Inside, there are two restrooms, a dining area with a fireplace, a bar area, a fenced-in patio, and a kitchen area. The layout and existing restaurant-oriented improvements make it suitable for food, beverage, retail, or service-based businesses.
Key Highlights
- High‑traffic location on South Westnedge Avenue in an established commercial corridor.
- Convenient access to I‑94 (1.5 miles).
- Existing restaurant‑oriented improvements including a dining area with a fireplace, a bar area, and a kitchen area.
Local Financial Insights For Specialty 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 | $34.5k | $13.14 |
| − Vacancy | −$1.7k | −$0.63 |
| EGI | $32.8k | $12.51 |
| − OpEx | −$8.2k | −$3.13 |
| NOI | $24.6k | $9.38 |
2,623 SF · lease $13.14/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$351.6K
$307.6K – $410.2K
NOI $24,609 @ 7.0% cap · market cap 3.79%
Second Best
Retail
$258.4K
$226.1K – $301.5K
NOI $18,089 @ 7.0% cap · market cap 2.78%
Theoretical Best
Warehouse
$686.4K
$600.6K – $800.8K
NOI $48,047 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apoptosis Brewing Company
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Freestanding 2,623 SF retail building in established commercial corridor.
Where is this retail space located?
The property is located at 3811 S Westnedge Avenue Kalamazoo, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: High‑traffic location on South Westnedge Avenue in an established commercial corridor.; Convenient access to I‑94 (1.5 miles).; Existing restaurant‑oriented improvements including a dining area with a fireplace, a bar area, and a kitchen area.
