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Renovated Office Suite
New
For Lease
$19 SF/Yr

501 W Willard Street #B, Kalamazoo, MI 49007

A second suite adds studio, screening, meeting, and lounge areas to the property’s office offerings.

Space Size2,595 SF - 10,000 SF
Days on Market5

Property Features for 501 W Willard Street #B

General Information

Standard status Active
Size 2,595 SF - 10,000 SF
Net Rentable 2,595 SF

Space & Availability

Available Space 2,595-10,000 SF
Contiguous Space 10,000 SF
Space Use Office

Amenities

natural light
reception area
kitchenette
glass overhead door
private fenced courtyard
1950s diner-style kitchen and lounge
screening room

Building Details

Building Size 5,595 SF
Year Built 1954
Buildings 1
Listing Agency: Kalamazoo Commercial Real Estate
Listed By: Andrew J Gyorkos · License #6502406462
Source: Buskardgroup
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:32PM

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 Kalamazoo Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This office property is divided into two suites, with up to four possible layout configurations. One suite was renovated in 2020 and combines an open plan with natural light, a reception area, five private offices, a kitchenette, and a conference room. A glass overhead door connects to a private fenced courtyard. The other suite includes two large studios, one with an overhead door, plus a screening room, open and private offices, meeting areas, and a diner-style kitchen and lounge.

The property occupies the corner of Westnedge Avenue and Willard Street, near Downtown Kalamazoo and across from the Kalamazoo Event Center. On-site parking is available.

Key Highlights

  • One suite received a full renovation in 2020
  • Suite features five private offices, a conference room, kitchenette, and reception area
  • Glass overhead door opens to a private fenced courtyard

Property Analytics

Current Use

Advanced Business Brokers Business Management Consultant Kalamazoo Commercial Real ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Acupuncture Pet Store Pet Store & Service Clothing & Fashion 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,094
Businesses Nearby

Demographics for 49007, MI

10,353
Population
5,102
Households
2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
3.5 sq mi
ZIP Area
2,958
Density / Sq Mi
$39,309
Median Household Income
$24,723
Median Earnings
$1,017
Median Rent
$103,400
Median Home Value

Market

Lease Benchmarks for Kalamazoo, MI

$23.4 /SF/Yr
Avg Asking Price
$5.95–$250 /SF/Yr
Price Range
9,122 SF
Avg Space Size

This space is priced 19% below the average of $23.4 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - A second suite adds studio, screening, meeting, and lounge areas to the property’s office offerings.
Where is this office unit located?
The property is located at 501 W Willard Street #B Kalamazoo, MI.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: One suite received a full renovation in 2020; Suite features five private offices, a conference room, kitchenette, and reception area; Glass overhead door opens to a private fenced courtyard
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