Property profile

1635 Westnedge Ave Kalamazoo, MI 49008

OFF-MARKET
Retail properties & Spaces
59,087 SF Built 1971
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Property summary

AI-generated overview

This exceptional 59,087 square foot retail center in Kalamazoo, Michigan, presents a prime opportunity for businesses seeking high-visibility locations. Situated on a 4.76-acre lot at 1635 S Westnedge Ave, 49008, this single-story, 1971-built property boasts ample on-site parking and excellent road frontage on Westnedge Avenue, Park Street, and Howard Street. The center enjoys a strong anchor tenant, Midtown Fresh Marketplace, and is complemented by co-tenants including Ace Hardware, Oak Street Health Services, and Activate Healthcare Clinic. Currently, 5,150 square feet of space is available, divisible into units as small as 2,150 square feet, with a maximum contiguous space of 3,000 square feet. The available space features tall ceilings and prime signage opportunities on the building and pylon signs, with convenient parking directly in front. Offered in "grey box" condition, the space allows for build-out to suit individual tenant needs. Furthermore, a unique outlot opportunity exists for a build-to-suit development, with preliminary plans showcasing up to 8,000 square feet, potentially including a drive-thru. The property is zoned CC - Community Commercial (APN: 06-22-366-002) and offers exceptional visibility and accessibility within a thriving Kalamazoo County commercial corridor, strategically located between downtown Kalamazoo and Portage.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1971
Total area 59,087 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1635 Westnedge Ave Kalamazoo, MI 49008
Kalamazoo metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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