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Renovated Office Suites with Courtyard
For Lease
$18.50 SF/Yr

B-501 W Willard St, Kalamazoo, MI 49007

Modern renovated office suite plus a media-built out space, with onsite parking and courtyard access.

Space SizeContact for details
Days on Market119

Property Features for B-501 W Willard St

General Information

Standard status Active
Listing Agency: Kalamazoo Commercial Real Estate
Listed By: Andrew J Gyorkos · License #6502406462
Source: Exprealty
Added: May 13 Changed: Aug 25 Last Checked: Sep 7 at 10:17AM

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 Kalamazoo Commercial Real Estate

Investment Insights

Based on property information with market context.

501-505 W Willard Street offers flexible office space currently divided into two suites with multiple potential layout options for office users. The property includes an approximately 2,595 SF modern office suite renovated in 2020, featuring an open floorplan with natural light, a reception area, five private offices, a kitchenette, a conference room, and a glass overhead door that opens to a private fenced-in courtyard.

505 W Willard is approximately 10,000 SF and is built out for a media company, with two large studios (one with an overhead door), a screening room, open and private offices, meeting areas, and a 1950s diner-style kitchen and lounge.

The property is located near Downtown Kalamazoo and is positioned across the street from the Kalamazoo Event Center. It also offers ample onsite parking and visibility at the corner of Westnedge Avenue and Willard Street.

Key Highlights

  • 501 W Willard: 2,595 SF modern office suite fully renovated in 2020 with an open floorplan and natural light
  • 501 W Willard includes reception, five private offices, kitchenette, conference room, and a glass overhead door to a private fenced courtyard
  • 501–505 W Willard currently divided into two suites, offering up to four potential office layout options

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Building Supply Real Estate Agency Auto Parts Store Gym & Fitness Center

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

NNN (Triple Net)
Lease Type
$2.78 /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

Market

Lease Benchmarks for Kalamazoo, MI

$21.48 /SF/Yr
Avg Asking Price
$6–$220 /SF/Yr
Price Range
9,883 SF
Avg Space Size

This space is priced 14% below the average of $21.48 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Modern renovated office suite plus a media-built out space, with onsite parking and courtyard access.
Where is this office units located?
The property is located at B-501 W Willard St Kalamazoo, MI.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: 501 W Willard: 2,595 SF modern office suite fully renovated in 2020 with an open floorplan and natural light; 501 W Willard includes reception, five private offices, kitchenette, conference room, and a glass overhead door to a private fenced courtyard; 501–505 W Willard currently divided into two suites, offering up to four potential office layout options
More about this property
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