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Flexible Office Suites
For Lease
$17 SF/Yr

501 W Willard Street, Kalamazoo, MI 49007

Commercial Lease, Kalamazoo, MI

Space Size2,500 SF - 10,000 SF
Days on Market147

Property Features for 501 W Willard Street

General Information

Property type Commercial Lease
Property subtype Office
Fireplace 1
Elementary school district Kalamazoo
Middle school district Kalamazoo
High school district Kalamazoo
Standard status Active
APN 06-16-434-010
Size 12,595 SF

Taxes and HOA fees

Tax Description On file.
Legal Description On file.

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Year built 1954
Listing Agency: Kalamazoo Commercial Real Estate
Listed By: Andrew J Gyorkos · License #6502406462
Added: May 13 Changed: Sep 7 Last Checked: Oct 6 at 3:06PM
MLS# 26021847

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.

Investment Insights

Based on property information with market context.

This office property comprises two distinct suites with a combined property size of 12,595 square feet. The 2,500-square-foot suite at 501 W Willard Street was fully renovated in 2020 and includes an open plan, reception area, five private offices, kitchenette, conference room, and access to a fenced courtyard through a glass overhead door. The approximately 10,000-square-foot suite at 505 W Willard Street includes two large studios, a screening room, open and private offices, meeting areas, and a diner-style kitchen and lounge. One studio also has an overhead door.

The property occupies the corner of Westnedge Avenue and Willard Street, across from the Kalamazoo Event Center and near Downtown Kalamazoo. Onsite parking and street-corner visibility support a range of office configurations, with up to four potential layouts identified for users.

Key Highlights

  • 12,595‑square‑foot office property divided into two suites
  • 2,500‑square‑foot suite renovated in 2020
  • Approximately 10,000 square feet with two large studios and a screening room

Property Analytics

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Current Use

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

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Building Supply Real Estate Agency Auto Parts Store Auto Repair Shop

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,119
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Kalamazoo, MI

$23.11 /SF/Yr
Avg Asking Price
$5.95–$250 /SF/Yr
Price Range
9,205 SF
Avg Space Size

This space is priced 26% below the average of $23.11 /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
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Frequently Asked Questions

What type of property is this?
Office units - Two office suites offer multiple layout options, onsite parking, and a visible corner position near Downtown Kalamazoo.
Where is this office units located?
The property is located at 501 W Willard Street Kalamazoo, MI.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 12,595‑square‑foot office property divided into two suites; 2,500‑square‑foot suite renovated in 2020; Approximately 10,000 square feet with two large studios and a screening room
More about this property
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