4413 W KL Avenue, Kalamazoo, MI 49007
- Added:
- Dec 4, 2025
- Days on Market:
- 208
- Last Refresh:
- Jun 30 at 11:06 am
Property Features for 4413 W KL Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Standard status
- Pending
- APN
- 06-19-358-001
- Size
- 5,153 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- On file.
- Tax Annual Amount
- 15395
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1991
- Floors in Building
- 1
- Number of units
- 1
Listing agent Connor Schultze License #6501453214 (269) 370-6437
Listing office NAI Wisinski of West Michigan 650 Trade Centre Way, Ste 130, Kalamazoo, MI (269) 353-0311
Listing date Dec 4, 2025
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.
HighLights
- Excellent opportunity for investors or owner‑occupants with potential rental income from one or both units.
- +/- 5,153 SF of recently remodeled, move‑in ready space suitable for retail or professional services.
- Strong visibility along two high‑traffic corridors (Drake and West KL Avenue).
- Large lot with ample parking and easy ingress/egress.
- Open floor plan adaptable for a wide range of uses.
- New furnace in one unit and central air conditioning.
Overview
Local Financial Insights For Office B
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 | $74.2k | $14.40 |
| − Vacancy | −$5.3k | −$1.04 |
| EGI | $68.9k | $13.36 |
| − OpEx | −$17.2k | −$3.34 |
| NOI | $51.6k | $10.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Longitude
- -85.644827
- Latitude
- 42.277112