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    5995 Kalamazoo Ave Kentwood, MI 49508

    For Sale
    $3,950,000

    Prime Kentwood Retail Space, 17,787 SF

    Property size:
    17,787 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 17,787-square-foot retail storefront, located at 5995 Kalamazoo Avenue SE in Kentwood, Michigan, presents a unique investment opportunity. Built in 1998 and extensively renovated in 2022, this single-story building sits on a 2.17-acre lot (APN 411832476042) and boasts over 120 feet of frontage on a highly visible corner intersection. The property offers 11,370 square feet of net rentable space, priced at $233.32 per square foot, with an asking price of $3,950,000. Its convenient location, half a mile from the M-6 interchange, ensures high traffic volume and excellent visibility. The C-2 zoning allows for a wide range of uses, including grocery stores, restaurants, liquor stores, big-box retailers, and clothing stores, making it ideal for owner-users or investors seeking a strong rental income stream. The property features ample ingress/egress points on both 60th Street and Kalamazoo Avenue, ensuring easy access for customers and employees. This is a rare opportunity to acquire a prime retail space in a thriving Kentwood location. The property is available for purchase or lease.

    Property Features for 5995 Kalamazoo Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    17,787 SF
    Lot Size
    94,525 SF

    Building Details

    Year Built/Renovated
    1998/2022
    Buildings
    1
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kentwood
    County
    Kent
    State
    Michigan
    Longitude
    -85.6255801
    Latitude
    42.8552301

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    FAQs

    What type of property is this?
    Individual retail property - Prime Kentwood Retail Space, 17,787 SF
    Where is this individual retail property located?
    The property is located at 5995 Kalamazoo Ave Kentwood, MI.
    What is the asking price?
    The asking price for this property is $3,950,000.
    Request Owner's contact information
    5995 Kalamazoo Ave Kentwood, MI 49508
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5995 Kalamazoo Ave Kentwood, MI 49508
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