2627 Michigan AveKalamazoo, MI 49006

  • Commercial real estate
  • 4,320 SF
For Lease
$18/SF/YR View listing

Property Details for 2627 Michigan Ave

Lot size
0.41 AC
Property size (Sq ft)
4,320 SF
Zone code
RS-5
Property type
Commercial real estate
APN
06-20-326-050
APU
620326050

Description

This exceptional 2,400 square foot retail space is situated at 2627 W Michigan Avenue in Kalamazoo, Michigan, at the bustling intersection of W Michigan Avenue and Howard Street. Ideally located in the heart of Western Michigan University's campus, this property offers unparalleled access to a high volume of foot traffic. Built in 1985, this single-story, Class B building boasts a total of 4,320 square feet, with 2,400 square feet currently available for lease. The property sits on a 0.41-acre lot and is zoned RS-5. The space features a walk-in cooler equipped with 14 doors and a hood system, making it perfectly suited for food service businesses. However, the space can also be easily adapted to suit a variety of traditional retail uses and can be delivered as a "vanilla box" to accommodate tenant build-outs. The property's convenient location and versatile layout present a unique opportunity for businesses seeking to capitalize on the vibrant WMU student population and the high traffic volume along W Michigan Avenue. The parcel number is 39000620326050, and the property includes no elevators. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $634,639
    Hospitality
    $581,326
    Educational
    $483,656
    Medical
    $500,290
    Retail
    $752,354

Location Insight

City
Kalamazoo
County
Kalamazoo
State
Michigan
Latitude
42.2812
Longitude
-85.6222
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
$8,093
-
-
$169,500
-
-
-
$339,000

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