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-- Baths-- Sq 18,000

Monthly Estimate*

^$ 4,305

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Commercial Property for sale in Kalamazoo, MI

for $690,000. This 18,000 square foot building was built in 1980 on a lot size of 0.14.

Beautiful mixed-use building located in the heart of downtownKalamazoo. 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 downtownKalamazoo 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.

Commercial Active

Price

^$ 690,000

Property Type

Commercial

Taxes

^$ 28,000

Style

Commercial/Industrial

Lot Size

0.14

Year Built

1980

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70496665

Features

General

Heating Forced Air

Roof Rubber

Status Active Active

Year Built 1980

County Kalamazoo

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership LLC

Municipality Kalamazoo

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Bath Sprinkler System

Area Kalamazoo (39022)

Primary City Kalamazoo

City Kalamazoo

Financial Terms Cash Conventional

Legal Description on file

DOM 71

Postal Code 49007

Price Per Sq Ft Total AG 38.33

Public Remarks Beautiful mixed-use building located in the heart of downtownKalamazoo. Upgraded interior finishes. 8% Cap Rate. Building attached to Epic Parking Garage for convenience. 6

Exterior

Exterior Block Brick Concrete Steel Stone

Frontage 56

Lot Size Area 0.14

Lot Dimensions 56x102

Roads Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Matthew Vernon

Listing Agent

Vernon Group Realty

Broker

matt@vernongrp.com

Affordability Calculator

$6,638

Per Month

Monthly Principal & Interest: $4,305
Monthly Property Taxes: $2,333
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Kalamazoo, MI

Average List Price ^$378,443

Percent of Sale Price 45%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/30/2025	$690,000		Listed Price

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321 S Kalamazoo Mall, Kalamazoo, MI, 49007 is a Commercial Property for sale at $690,000 with 18,000 sqft and a lot size of 0.14. 321 S Kalamazoo Mall was built in 1980. The property's zip code is 49007 which is in Kalamazoo, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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321 S Kalamazoo Mall

Commercial Property for sale in Kalamazoo, MI

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