Office
For Sale
$135,900
4021 W Main Street, Kalamazoo, MI 49006
Commercial Sale, Kalamazoo, MI
Property Size1,233 SF
Lot Size0.20 Acres
Price / SF$110.22
Days on Market50
Property Features for 4021 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
C-2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
Standard status
Active
APN
06-18-335-664
Size
1,233 SF
Lot size
0.20 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Year
2026
Tax Description
On file.
Tax Annual Amount
4199
Legal Description
On file.
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1982
Floors in Building
1
Number of units
1
Building materials
Brick, Stone
Roof type
Composition
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Kara Schroer · License #6501373674
(269) 459-0435
Added: Sep 16
Changed: Nov 2
Last Checked: Nov 4 at 9:06AM
MLS# 26049290
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.
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Investment Insights
Based on property information with market context.
This 1,233-square-foot office condominium at Briarwood Valley Condominium Association was built in 1982. Its brick and stone construction includes central air conditioning and forced-air heat. The air-conditioning system and hot-water heater have been recently updated. Existing office furniture may be available.
The property is on West Main Street in Kalamazoo, near area amenities and US-131. On-site parking serves the office condominium.
The property is on West Main Street in Kalamazoo, near area amenities and US-131. On-site parking serves the office condominium.
Key Highlights
- 1,233‑square‑foot office condominium
- Recently updated air‑conditioning system and hot‑water heater
- Brick and stone construction; built in 1982
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,358
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,160
$247.2K
Cap Rate 7%
$176,543
$176.5K
Cap Rate 9%
$137,311
$137.3K
Market Conditions
NOI Build-Up for 1,233 SF
Gross rent
$17.8K $14.40/SF
− Vacancy
−$1.3K −$1.04/SF
EGI
$16.5K $13.36/SF
− OpEx
−$4.1K −$3.34/SF
NOI
$12.4K $10.02/SF
Area
Kalamazoo County, MI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,160
Cap Rate 7%
$176,543
Cap Rate 9%
$137,311
Alternative Uses
Best Use
Office B
$176.5K
$154.5K – $206.0K
NOI $12,358 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$322.7K
$282.3K – $376.4K
NOI $22,586 @ 7.0% cap · market cap 16.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Explore this area
Business Placement
Demographics for 49006, MI
25,119
Population
12,093
Households
2.1
Avg Household Size
27
Median Age
44%
College-Educated
91%
High-School Grad
6.0 sq mi
ZIP Area
4,187
Density / Sq Mi
$45,617
Median Household Income
$18,710
Median Earnings
$991
Median Rent
$198,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Professional workspace features recently updated air conditioning and a hot-water heater.
Where is this office unit located?
The property is located at 4021 W Main Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $135,900.
What are key features of this property?
This property features: 1,233‑square‑foot office condominium; Recently updated air‑conditioning system and hot‑water heater; Brick and stone construction; built in 1982
