1500 Fraternity Village Drive Kalamazoo, MI ^$ 1,500,000

1500 Fraternity Village Drive

^$ 1,500,000

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Recently Listed

1500 Fraternity Village Drive

Kalamazoo, MI, 49006

^$ 1,500,000

Bedrooms-- Baths-- Sq 8,772

Monthly Estimate*

^$ 9,358

1500 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 1

1500 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 2

1500 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 3

1500 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 4

1500 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 5

1500 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 6

1500 Fraternity Village Drive, Kalamazoo, MI 49006 - Image 7

Commercial Property for sale in Kalamazoo, MI

for $1,500,000. This 8,772 square foot building was built in 1998 on a lot size of 1.11.

This property has been leased to a sorority for the past 18 years and offers exceptional income potential. The residence features 16 bedrooms plus a dedicated house-mother suite, a commercial-grade kitchen, and on-site laundry facilities. Recent upgrades include a new roof and laminate flooring throughout. With its large capacity and institutional-grade amenities, this property is ideal for group housing, student living, or continued sorority/fraternity use. - See attached floor plan. Seller is a licensed Real Estate Broker in the State of Michigan.

Commercial Active

Price

^$ 1,500,000

Property Type

Commercial

Taxes

^$ 24,647

Style

Business

Lot Size

1.11

Year Built

1998

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70506518

Features

General

Heating Forced Air

Roof Composite

Status Active Active

Year Built 1998

County Kalamazoo

Class COM/IND/BUS OPP

Type Business

Municipality Kalamazoo

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Kalamazoo (39022)

Primary City Kalamazoo

Directions West on W. Michigan from Howard South on Fraternity Village Dr. to Sorority

City Kalamazoo

Financial Terms Cash Conventional

Legal Description FRATERNITY VILLAGE LOT 17

DOM 15

Postal Code 49006

Price Per Sq Ft Total AG 171

Public Remarks This property has been leased to a sorority for the past 18 years and offers exceptional income potential. The residence features 16 bedrooms plus a dedicated house-mother suite

Exterior

Exterior Aluminum Brick Frame Wood

Frontage 151

Lot Size Area 1.11

Lot Dimensions 151 x 323 x 149 x 320

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Dave Schnelker

Listing Agent

Berkshire Hathaway Homeservices Mi

Broker

daveschnelker@gmail.com

Affordability Calculator

$11,412

Per Month

Monthly Principal & Interest: $9,358
Monthly Property Taxes: $2,054
Monthly Home Insurance: --

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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 ^$380,585

Percent of Sale Price 75%

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
11/25/2025	$1,500,000		Listed Price

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1500 Fraternity Village Drive, Kalamazoo, MI, 49006 is a Commercial Property for sale at $1,500,000 with 8,772 sqft and a lot size of 1.11. 1500 Fraternity Village Drive was built in 1998. The property's zip code is 49006 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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1500 Fraternity Village Drive

Commercial Property for sale in Kalamazoo, MI

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