Renovated Office
For Sale
$260,000
6301 Stadium Drive, Kalamazoo, MI 49009
Commercial Sale, Kalamazoo, MI
Property Size1,747 SF
Lot Size0.52 Acres
Price / SF$148.83
Days on Market144
Property Features for 6301 Stadium Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Basement, Bathroom 1
Elementary school district
Kalamazoo
Middle school district
Kalamazoo
High school district
Kalamazoo
Standard status
Active
APN
05-26-474-070
Size
1,747 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
On file.
Tax Annual Amount
7609
Legal Description
On file.
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
five private offices
two restrooms
kitchenette
garage storage space
reception office with a window to the lobby
Building Details
Year built
1951
Floors in Building
1
Number of units
1
Building materials
Aluminum Siding
Roof type
Composition
Listing Agency:
Kalamazoo Commercial Real Estate
(269) 888-2755
Listed By:
Andrew J Gyorkos · License #6502406462
(269) 760-5201
Added: May 21
Changed: Oct 8
Last Checked: Oct 11 at 2:06AM
MLS# 26023807
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.
Renovated office building containing 1,747 square feet with five private offices, two restrooms, a kitchenette, garage storage, and a reception office that opens visually toward the lobby. The property was built in 1951 and includes forced-air heating, central air conditioning, aluminum siding, and a composition roof.
The building is positioned on Stadium Drive near the 9th Street and Parkview Avenue intersection in Kalamazoo. US-131 is approximately one mile away, providing a direct connection to the regional highway network. Its office configuration and existing support areas accommodate a range of commercial office uses.
The building is positioned on Stadium Drive near the 9th Street and Parkview Avenue intersection in Kalamazoo. US-131 is approximately one mile away, providing a direct connection to the regional highway network. Its office configuration and existing support areas accommodate a range of commercial office uses.
Key Highlights
- 1,747 SF renovated office building
- Five private offices and two restrooms
- Kitchenette, reception office, and garage storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,509
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,180
$350.2K
Cap Rate 7%
$250,129
$250.1K
Cap Rate 9%
$194,544
$194.5K
Market Conditions
NOI Build-Up for 1,747 SF
Gross rent
$25.2K $14.40/SF
− Vacancy
−$1.8K −$1.04/SF
EGI
$23.3K $13.36/SF
− OpEx
−$5.8K −$3.34/SF
NOI
$17.5K $10.02/SF
Area
Kalamazoo County, MI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,180
Cap Rate 7%
$250,129
Cap Rate 9%
$194,544
Alternative Uses
Best Use
Office B
$250.1K
$218.9K – $291.8K
NOI $17,509 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$457.2K
$400.0K – $533.4K
NOI $32,001 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 49009, MI
47,188
Population
20,609
Households
2.3
Avg Household Size
38
Median Age
50%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
462
Density / Sq Mi
$82,364
Median Household Income
$44,702
Median Earnings
$1,089
Median Rent
$330,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Five private offices, two restrooms, a kitchenette, and garage storage support a practical commercial layout.
Where is this office building located?
The property is located at 6301 Stadium Drive Kalamazoo, MI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1,747 SF renovated office building; Five private offices and two restrooms; Kitchenette, reception office, and garage storage
