321 S Kalamazoo Mall Kalamazoo, MI $ 690,000
321 S Kalamazoo Mall
$ 690,000
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321 S Kalamazoo Mall

Kalamazoo, MI, 49007
$ 690,000
Bedrooms-- Baths3.0

Monthly Estimate*

$ 4,305

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Commercial Property for sale in Kalamazoo, MI

for $690,000 with 3 full baths. This building was built in 1980 on a lot size of 0.14.

Beautiful mixed-use building located in the heart of downtown Kalamazoo. Upgraded interior finishes. 8% Cap Rate. Building attached to Epic Parking Garage for convenience. 6,000 SF Per 3 floors. Modified Gross Leases. 1st & 2nd floors fully leased by 2 businesses. The LL offers caged storage and partially finished areas. The property benefits from its walking proximity to all that downtown Kalamazoo has to offer, including restaurants, brewpubs, coffee shops, and retail. Located in the new Tax incentivized Opportunity Zone. Building engineered to add 1 floor on all concrete steel construction. Seller is licensed Broker.

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Commercial Active

Price

$ 690,000

Full Bath

3

Property Type

Commercial

Taxes

$ 28,000

Style

Retail

Lot Size

0.14

Year Built

1980

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

25050015

Features
General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Subject To Tenant Rights
Roof Rubber
Construction Materials Brick Stone
Year Built 1980
Tenant Pays Electric Gas
Township Kalamazoo City
Property Subtype Retail
Tax Year 2025
Business Type Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Storage Retail
County Kalamazoo
New Construction N
Property Type Commercial Sale
Building Features Barrier Free Bath Common Area Expandable Fire Sprinkler
Full Baths 3
Status Active
City Kalamazoo
High School District Kalamazoo
Zoning Description 201 Commercial
Number Of Units Total 3
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 6000.0
Listing Terms Conventional Tax Def Exchange Cash
Land Lease Y/N N
Tax Annual Amount 28000.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2019-05-08
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 329678
Ownership Type LLC
Legal Description on file
Senior Community None
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Exterior
Inclusions Real Estate
Lot Size Area 0.14
Foundation Details None
Number of Buildings 1
Spa N
Building Area Total 18000.0
Lot Dimensions 56x102
Lot Size Acres 0.14
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 3
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Internal Only
Street Number 1 321
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* Excluded Features
List By
Vernon Group Realty

Broker

matt@vernongrp.com

Email

Affordability Calculator

$6,638
Per Month
65%
35%
0%
Monthly Principal & Interest
$4,305
Monthly Property Taxes
$2,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
251492 Elementary School
248593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$690,000 Listed Price

Map


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321 S Kalamazoo Mall, Kalamazoo, MI, 49007 is a Commercial Property for sale at $690,000 with a lot size of 0.14. 321 S Kalamazoo Mall has 3.0 baths and was built in 1980. The property's zip code is 49007 which is in Kalamazoo, MI