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    Kalamazoo County, MI Strip Malls for Sale

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    Strip Center with Seven Units
    Updated: Feb 1, 2025
    Strip Center with Seven Units

    1381 S Drake Road, Kalamazoo, MI 49006

    $949,000
    7,735 sqft 0.62 AC lot
    Strip center/mall with 7 units and 3 currently rented
    Two 2,000+ SF units vacant; approx. 1,900 SF each and ready for new tenants
    Long‑term tenant Hungry Howes plus barber and photographer occupants
    Built in 1985 with vinyl siding
    Forced‑air heating and central air cooling
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    This listing looks promising.

    Here's a quick look at some key insights for

    1381 S Drake Road, Kalamazoo, MI 49006

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $53K
      Annual

    • Mortgage

      $751K
      Oct 2018

    • Last Sold

      Oct 2018
      $799K
    View Property Analytics
    Multi-Unit Strip Retail Center
    Updated: Feb 1, 2025
    Multi-Unit Strip Retail Center

    1381 S Drake Road, Kalamazoo, MI 49006

    $949,000
    7,735 sqft
    Strip center/mall built in 1985 with 7 retail units total
    Currently 3 units rented, including Hungry Howes as a long‑term tenant
    Two larger 2‑unit spaces are listed as vacant, each at approximately 1,900 SF
    High‑visibility retail/service site on a rapid growing corridor with strong traffic and stop lights
    Near Costco, Walters Auto, and Western University campus; located north of Stadium Dr
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Kalamazoo County, MI, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land For Sale
    Commercial Land For Sale

    70163 M 62, Edwardsburg, MI 49112

    $1,878,000
    18.70 AC lot

    Commercial land with frontage on M 62, Edwardsburg, MI.

    View details
    Commercial Land in High-Traffic Area
    Commercial Land in High-Traffic Area

    12611 James Street, Holland, MI 49424

    $595,000
    2.03 AC lot

    2.03 acres of commercial land in a bustling retail area.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    Brookley Road, Jackson, MI 49202

    $1,499,010
    5.12 AC lot

    5. 5 acres at I-94 and Cooper Street.

    View details
    C3-Zoned Commercial Land Opportunity
    C3-Zoned Commercial Land Opportunity

    3916 Goshen Road, Fort Wayne, IN 46818

    $1,495,000
    3.00 AC lot

    3-acre, cleared and level commercial parcels with C3 zoning, with major utilities nearby and strong Goshen Road frontage.

    View details

    Kalamazoo County, MI Strip Malls Market Trends and Statistics

    Explore 2 strip malls for sale in Kalamazoo County, MI on our real estate platform. These investment opportunities span a total of 15,470 square feet of properties for sale, with an estimated market value of $1,898,000.

    Sale prices for retail strips in Kalamazoo County, MI average $949,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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