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    OFF-MARKET
    Retail properties & Spaces

    1635 Westnedge Ave, Kalamazoo, MI 49008

    59,087 SF Built 1971
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
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