Community Commercial Flex
E 3499 E Main Street Unit SourceFi Kalamazoo, MI 49048
E 3499 E Main Street Unit SourceFi, Kalamazoo, MI, 49048
$299,900
For Sale
$299,900
Move-in-ready 3,780 SF commercial building with overhead doors, small office, and one full bathroom on a 0.24-acre lot.
Property Size3,780 SF
Lot Size0.24 Acres
Price / SF$79.34
Days on Market91
Property Features for E 3499 E Main Street Unit SourceFi
General Information
- Standard status
- Active
- Size
- 3,780 SF
- Lot size
- 0.24 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
Epique Realty
(248) 568-5958
Listed by
David Elwood
(248) 568-5958
Source
Xome
Added: Apr 19 Checked: Jul 18 at 2:20 am
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 Epique Realty
Investment Insights
Based on property information with market context.
This move-in-ready commercial building offers a functional mix of workspace and support areas, including a small office and one full bathroom. The property is equipped with 10-foot and 12-foot automatic overhead doors and includes a new heating unit. Additional industrial capabilities include a high-functioning air compressor system with multiple hook-ups throughout the workspace.
Recent infrastructure improvements include a new roof installed in 2024 with a 10-year warranty, along with upgraded wall insulation and new interior siding. The site includes public water/sewer and natural gas connectivity.
The building is located in Kalamazoo Charter Township and is zoned CC (Community Commercial), which supports a range of retail, service, and office uses. The layout and overhead door configuration make it suitable for owner-operators and tenants seeking light industrial or service-oriented functionality.
Recent infrastructure improvements include a new roof installed in 2024 with a 10-year warranty, along with upgraded wall insulation and new interior siding. The site includes public water/sewer and natural gas connectivity.
The building is located in Kalamazoo Charter Township and is zoned CC (Community Commercial), which supports a range of retail, service, and office uses. The layout and overhead door configuration make it suitable for owner-operators and tenants seeking light industrial or service-oriented functionality.
Key Highlights
- 3,780 SF commercial building at 3499 E Main Street in Kalamazoo Charter Township
- Zoned CC (Community Commercial), supporting a wide range of retail, service, and office uses
- New roof installed 2024 with a 10‑year warranty plus upgraded wall insulation and new interior siding
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $12.00 |
| − Vacancy | −$8.1k | −$2.15 |
| EGI | $37.2k | $9.85 |
| − OpEx | −$11.2k | −$2.96 |
| NOI | $26.1k | $6.90 |
3,780 SF · lease $12.00/SF/yr · vacancy 17.90% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$989.1K
$865.5K – $1.15M
NOI $69,240 @ 7.0% cap · market cap 23.09%
Second Best
Industrial
$814.6K
$712.8K – $950.4K
NOI $57,022 @ 7.0% cap · market cap 19.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Frances Street Hot Dogs — 3818 Francis Ave, Kalamazoo, MI 49048
FAQs
What type of property is this?
Flex space - Move-in-ready 3,780 SF commercial building with overhead doors, small office, and one full bathroom on a 0.24-acre lot.
Where is this flex space located?
The property is located at E 3499 E Main Street Unit SourceFi Kalamazoo, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3,780 SF commercial building at 3499 E Main Street in Kalamazoo Charter Township; Zoned CC (Community Commercial), supporting a wide range of retail, service, and office uses; New roof installed 2024 with a 10‑year warranty plus upgraded wall insulation and new interior siding
