308 Drake RdKalamazoo, MI 49006
- Other commercial real estate
- 12,249 SF
Property Details for 308 Drake Rd
- Lot size
- 1.16 AC
- Property size (Sq ft)
- 12,249 SF
- Zone code
- CN-1
- Property type
- Other commercial real estate
- APN
- 06-18-310-001
- APU
- 618310001
Description
Located at a prime Kalamazoo County intersection, Drake South offers 7,100 square feet of vacant retail and restaurant space, currently available as one contiguous unit ranging from 2,400 to 4,700 square feet. This exceptional opportunity is situated near the busiest intersection in Southwest Michigan, ensuring high visibility and accessibility for your business. The property boasts ample parking, making it convenient for customers and employees. The flexible space is ideal for a variety of retail or restaurant concepts, offering a chance to establish a strong presence in a thriving commercial area. With its strategic location and substantial square footage, Drake South presents a compelling investment prospect for businesses seeking a high-traffic location with excellent visibility. The entire 7,100 square foot building is currently vacant, providing a unique opportunity for a single tenant to occupy the entire space or for a potential buyer to subdivide the space to suit their needs. The minimum divisible space is 2,400 square feet, while the maximum contiguous space available is 4,700 square feet. This property is situated in Kalamazoo County, offering access to a robust local market. The property's prime location and ample parking make it an attractive option for businesses seeking a high-traffic location with excellent visibility and accessibility.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,799,465
- Hospitality
- $1,648,300
- Educational
- $1,371,366
- Medical
- $1,418,530
- Retail
- $2,133,236
Location Insight
- City
- Kalamazoo
- County
- Kalamazoo
- State
- Michigan
- Latitude
- 42.2948
- Longitude
- -85.6475
- CBSA code
- 28020
- CBSA name
- KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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