308 Drake RdKalamazoo, MI 49006

  • Other commercial real estate
  • 12,249 SF
For Lease
$18/SF/YR View listing

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
308 Drake Rd, Kalamazoo, Michigan

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$24,397
-
-
$522,300
-
-
-
$1,044,600

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].