$690,000
321 S Kalamazoo Mall
Kalamazoo, MI 49007
MLS# 25050015
18000 sqft


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IMG_1802 IMG_1803 2nd floor windows 2nd floor 1st floor IMG_1804 IMG_1805 IMG_1806 IMG_1807 IMG_1808 IMG_1810 IMG_1811 IMG_1812 IMG_1813 IMG_1814 IMG_1815

Property Description
Beautiful mixed-use building located in the heart of downtown Kalamazoo. Upgraded interior finishes. 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.

Details
Maps
Location & Property Info
Cross Streets: south st and mall drive
Property Sub-Type: Retail
Area: Greater Kalamazoo - K
Municipality: Kalamazoo City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 38.33
Prop Avail for Lease?: No
Current Bldg Use: Cage storage lower Retail main and 2nd
General Property Info
New Construction: No
Lot Dimensions: 56x102
Road Frontage: 56
Mineral Rights: Unknown
Waterfront: No
Total # Units: 3
Total # Bldgs: 1
# Fin Bldg Lvls: 3
Total SqFt: 18000
Property Use Type: Net Leased (nnn)
School District: Kalamazoo
Lot Measurement: Acres
Lot Acres: 0.14
Lot Square Footage: 6000
Year Built: 1980
Full Baths: 3
Tax Info
Taxable Value: 329678
SEV: 422200
For Tax Year: 2025
Seller's Annual Property Tax: 28000
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: none
Zoning: 201 Commercial
Tax ID #: on file
Remarks & Misc
Public Remarks: Beautiful mixed-use building located in the heart of downtown Kalamazoo. Upgraded interior finishes. 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.
Legal: on file
Additional Details
Passenger Elevators: 1
Ceiling Height: 14
Street Type
Paved: 1
Property Use
Net Leased (nnn): 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Bar/Tavern/Lounge: 1
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Storage: 1
Construction Type
Block: 1
Concrete: 1
Steel: 1
Exterior Material
Brick: 1
Stone: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
Basement: 1
Full: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Plat Map: 1
Survey: 1
Business Includes
Real Estate: 1
Additional Features
Barrier Free: 1
Bath Common Area: 1
Expandable: 1
Fire Sprinkler: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Tenant Pays All
Electric: 1
Gas: 1
Driveway
None: 1
Docs Req Conf Agrmnt
Financials: 1
Leases: 1
Rent Roll: 1
Site Plan: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Tax Def Exchange: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Kalamazoo
Street #: 321
Street Direction: S
Street Name: Kalamazoo Mall
State: MI
Zip Code: 49007
OfficeContract Info
Status: Active
Current Price: $690,000
List Price: $690,000
Listing Date: 2025-09-30
Property Features
Property Use: Net Leased (nnn)
Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail; Storage
Ownership: LLC
Business Includes: Real Estate
Construction Type: Block; Concrete; Steel
Exterior Material: Brick; Stone
Roofing: Rubber
Below Grade: Basement; Full
Additional Features: Barrier Free; Bath Common Area; Expandable; Fire Sprinkler
Tenant Pays All: Electric; Gas
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: None
Street Type: Paved
Purchase Terms Avail: Cash; Conventional; Tax Def Exchange
Docs at List Office: Plat Map; Survey
Docs Req Conf Agrmnt: Financials; Leases; Rent Roll; Site Plan
Sale Conditions: None
Possession: Subject To Tenant Rights

IDX
Listing Office: Vernon Group Realty
Listing Agent: Matthew T Vernon

Last Updated: May - 05 - 2026

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