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Renovated Office Suite
For Lease
$18 SF/Yr

501 W Willard Street, Kalamazoo, MI 49007

Commercial Lease, Kalamazoo, MI

Space Size2,595 SF - 10,000 SF
Days on Market143

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 10,000 SF

Taxes and HOA fees

Tax Description On file.
Legal Description On file.

Utilities

Utilities Cable Available
Heating system Forced Air

Amenities

onsite parking

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 2 at 10:06AM
MLS# 26021859

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.

The property at 501-505 W Willard Street provides two distinct office suites with multiple configuration possibilities. The 2,595 SF suite at 501 W Willard was fully renovated in 2020 and includes an open work area, reception, five private offices, a kitchenette, conference room, and a glass overhead door leading to a fenced courtyard. The approximately 10,000 SF suite at 505 W Willard includes two large studios, a screening room, open and private office areas, meeting space, 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, near Downtown Kalamazoo and across from the Kalamazoo Event Center. Ample onsite parking and corner positioning provide practical access for office users and visitors.

Key Highlights

  • 2,595 SF office suite renovated in 2020
  • Approximately 10,000 SF suite with two large studios
  • Five private offices, conference room, kitchenette, and reception area

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /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

$23.3 /SF/Yr
Avg Asking Price
$5.95–$250 /SF/Yr
Price Range
9,498 SF
Avg Space Size

This space is priced 23% below the average of $23.3 /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 - Flexible office configurations with private rooms, meeting space, natural light, and onsite parking 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 $18 SF/Yr.
What are key features of this property?
This property features: 2,595 SF office suite renovated in 2020; Approximately 10,000 SF suite with two large studios; Five private offices, conference room, kitchenette, and reception area
More about this property
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