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Midtown Kalamazoo Live/Work Building
For Sale
$259,900

417 Forest St, Kalamazoo, MI 49001

Renovated live/work building near downtown Kalamazoo with development potential.

Property Size3,511 SF
Price / SF$74.02
Days on Market209

Property Features for 417 Forest St

General Information

Standard status Active
Size 3,511 SF

Building Details

Year Built 1965
Listing Agency: O'Brien Real Estate
Listed By: Pat O'Brien · License #6502102326
Source: Katie-k
Added: Mar 11 Changed: Sep 16 Last Checked: Oct 4 at 2:19PM

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 O'Brien Real Estate

Investment Insights

Based on property information with market context.

This recently renovated 3511 square foot building is located in Midtown Kalamazoo's live/work zone, offering the flexibility of combining office and residential space. The property is suitable for various uses, including traditional office space, a creative studio, a hair salon, or a doctor's office. The building includes the potential for apartment rental. Its location provides convenient access to downtown, Portage, I-94, and 131. The property features a large lot with development potential, updated mechanicals, and wiring. The basement provides storage space. Occupancy is flexible.

Key Highlights

  • Live/work zoning in Midtown Kalamazoo offers flexible usage.
  • Recently renovated 3511 s.f. building suitable for various business types.
  • Potential rental income from an apartment space.

Property Analytics

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Current Use

Loveladykitchen Big Box & Wholesale Store Inetwerk LLC Marketing & Advertising Great Lake Warrior ... Gym & Fitness Center My Pet Supply ... (Bike/Boat/Book/etc) Store Karnell Edwin Accounting Consultant

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Electrical Service (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,193
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Renovated live/work building near downtown Kalamazoo with development potential.
Where is this live-work space located?
The property is located at 417 Forest St Kalamazoo, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Live/work zoning in Midtown Kalamazoo offers flexible usage.; Recently renovated 3511 s.f. building suitable for various business types.; Potential rental income from an apartment space.
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