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Downtown Redevelopment Opportunity
For Sale
$295,000

818 Cobb Ave, Kalamazoo, MI 49007

Redevelopment opportunity near Kalamazoo Event Center.

Property SizeContact for details
Days on Market120

Property Features for 818 Cobb Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,344

Building Details

Year Built 1952
Units 1
Listing Agency: NAI Wisinski of West Michigan
Listed By: Dane L Davis · License #6504368846
Source: Elliman
Added: Apr 24 Changed: Aug 10 Last Checked: Aug 20 at 10:14AM

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 NAI Wisinski of West Michigan

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity for a downtown lifestyle, situated within walking distance of the new Kalamazoo Event Center. The location offers access to an anticipated 225+ annual events, including Bronco hockey and concerts. The property could be converted into a work/live environment, blending residences and commercial spaces. This conversion aims to offer vintage charm with modern luxury, defining walkable city living. The sale is subject to lot split approvals from the Municipality. The property has a bike score of 60, indicating it is bikeable, and a walk score of 71, indicating it is very walkable.

Key Highlights

  • Redevelopment opportunity for residences/commercial spaces.
  • Walking distance to the new Kalamazoo Event Center.
  • Premier access to 225+ annual events (Bronco hockey, concerts).

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Dental Office Auto Parts Store Skin Care Clinic Nail Salon (Bike/Boat/Book/etc) Store Pharmacy

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

825
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

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?
Mixed-use property - Redevelopment opportunity near Kalamazoo Event Center.
Where is this mixed-use property located?
The property is located at 818 Cobb Ave Kalamazoo, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Redevelopment opportunity for residences/commercial spaces.; Walking distance to the new Kalamazoo Event Center.; Premier access to 225+ annual events (Bronco hockey, concerts).
More about this property
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