5937 King Hwy, Kalamazoo, MI 49048
For Sale
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This exceptional 2,123-square-foot retail property, located at 5937 King Hwy in Kalamazoo, Michigan, presents a unique investment opportunity. Previously occupied by Comerica Bank, this vacant building offers significant potential for redevelopment or continued use as a financial institution. Situated on a 0.73-acre lot, the single-story structure boasts a prime location at the signalized intersection of King Highway and River Street, ensuring high visibility and accessibility. The property's convenient location within Kalamazoo County, zip code 49048, offers excellent exposure to a substantial customer base. The asking price is $325,000, translating to $153.09 per square foot. The building's existing drive-thru lane adds further versatility for potential tenants. With its strategic location and adaptable layout, this property is ideal for a variety of retail uses, including but not limited to, a bank, convenience store, or restaurant. The property's APN is 07-19-234-010. The net rentable square footage is 2,123 square feet. Currently vacant, this property offers a blank canvas for a discerning investor or business owner seeking a high-traffic location in a thriving Kalamazoo community.
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Comerica Bank - ATM Atm Investment Bank
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Comerica Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Kalamazoo, MIKalamazoo. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.