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Live-Work Building
New
For Sale
$120,000

653-655 Lake Street, Kalamazoo, MI 49001

LW1 zoning supports residential, commercial, or combined use.

Property Size5,582 SF
Days on Market2

Property Features for 653-655 Lake Street

General Information

Standard status Active
Size 5,582 SF
Property subtype Commercial
Zoning LW1

Additional Details

Utilities to Site No

Taxes and HOA fees

Annual Taxes $3,513

Building Details

Building Size 5,582 SF
Year Built 1953
Buildings 2
Stories 5218
Units 1
Listing Agency: O'Brien Real Estate
Listed By: William J Zehner · License #6501287590
Source: Irishhillsfivestarhomes
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 5:57AM

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 O'Brien Real Estate

Investment Insights

Based on property information with market context.

Built in 1953, this live-work building is located at 653-655 Lake Street in Kalamazoo, Michigan. The LW1 zoning designation supports residential use, commercial use, or a combination of both.

The building currently lacks power, heat, and water service within the structure. Any future occupancy or redevelopment plan should account for these existing utility conditions.

Key Highlights

  • LW1 zoning allows residential, commercial, or combined use
  • Constructed in 1953
  • Located at 653‑655 Lake Street, Kalamazoo, MI 49001

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Acupuncture Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 49001, MI

21,730
Population
9,670
Households
2.2
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
2,822
Density / Sq Mi
$52,327
Median Household Income
$35,447
Median Earnings
$1,055
Median Rent
$139,600
Median Home Value

Market

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?
Live-work space - LW1 zoning supports residential, commercial, or combined use.
Where is this live-work space located?
The property is located at 653-655 Lake Street Kalamazoo, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: LW1 zoning allows residential, commercial, or combined use; Constructed in 1953; Located at 653‑655 Lake Street, Kalamazoo, MI 49001
More about this property
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