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Remodeled Retail Space For Sale

4413 W KL Ave, Kalamazoo, MI 49007

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For Sale

$650,000

Retail or professional services space with high-traffic visibility.

Type:Commercial

Property size:

5,153 SF

Price / SF:

$126/SF

We can help!

Contact an agent

Connor Schultze

Real Estate License ID: 6501453214

HighLights

Move‑in ready, recently remodeled units suitable for retail or professional services.
Excellent investment or owner‑occupant opportunity with potential rental income from one or both units.
High visibility location on two high‑traffic corridors.
Ample parking on a large lot with easy ingress and egress.
Adaptable open floor plan suitable for a wide range of uses.
Located east of the Drake and West KL Avenue intersection.

Learn more

For Sale

$650,000

Retail or professional services space with high-traffic visibility.

Type:Commercial

Property size:

5,153 SF

Price / SF:

$126/SF

Added:: Apr 24, 2026
Days on Market:: 74
Last Refresh:: Apr 24 at 5:46 pm

Property Features for 4413 W KL Ave

General Information

Standard status: Active
Size: 5,153 SF
Property subtype: Commercial

Building Details

Year Built: 1991

We can help!

Contact an agent

Connor Schultze

Listing office NAI Wisinski of West Michigan

Listing date Apr 24, 2026

Source Elliman

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 NAI Wisinski of West Michigan

HighLights

Move‑in ready, recently remodeled units suitable for retail or professional services.
Excellent investment or owner‑occupant opportunity with potential rental income from one or both units.
High visibility location on two high‑traffic corridors.
Ample parking on a large lot with easy ingress and egress.
Adaptable open floor plan suitable for a wide range of uses.
Located east of the Drake and West KL Avenue intersection.

Overview

The property features approximately 5,153 square feet of retail or professional services space. Located east of the intersection of Drake and West KL Avenue, the building consists of two units that have been recently remodeled. One unit includes a new furnace. The open floor plan is adaptable for a wide range of uses, making it suitable for many retail or professional concepts. The site offers easy ingress and egress, a large lot with ample parking, and strong visibility along two high-traffic corridors. As a two-unit property, it presents an opportunity for investors or owner-occupants, allowing rental income from one unit to offset costs for the user-owner, or provide a steady rental income from both units. The location has a Walk Score of 38, indicating car-dependence, and a Bike Score of 38, indicating it is somewhat bikeable.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$61.8k	$12.00
− Vacancy	−$11.1k	−$2.15
EGI	$50.8k	$9.85
− OpEx	−$15.2k	−$2.96
NOI	$35.5k	$6.90

5,153 SF · lease $12.00/SF/yr · vacancy 17.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$507.7K

$444.2K – $592.3K (±1% cap)

NOI $35,537 @ 7.0% cap · market cap 5.47%

Second Best

—

no second resolved use

Theoretical Best

Warehouse

$1.35M

$1.18M – $1.57M (±1% cap)

NOI $94,390 @ 7.0% cap · market cap 14.52%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Kalamazoo
County: Kalamazoo
State: Michigan
Longitude: -85.647612
Latitude: 42.277981

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For sale
Retail space
MI
Kalamazoo
49007
4413 W KL Ave

What type of property is this?

Retail space - Retail or professional services space with high-traffic visibility.

Where is this retail space located?

The property is located at 4413 W KL Ave 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: Move‑in ready, recently remodeled units suitable for retail or professional services.; Excellent investment or owner‑occupant opportunity with potential rental income from one or both units.; **High visibility location on two high‑traffic corridors.**