Contacts
Callander Commercial
Property Details
- Property Type Retail
- Property Size 124,170 SF
- Cap Rate % 7.59
- NOI / YR $266,731.00
- Additional Rent Contact for pricing
- # of Floors 4
- Year Built 2000
- Date Updated Dec 3, 2024
Four Story - Mixed Commercial
This unique opportunity is one of a kind for Kalamazoo's Urban Core. Unmatched by location, positioned off the Kalamazoo Mall, the primary retail artery in Downtown, just to the south of Michigan Ave. This value add proposition provides any investor an immediate market return with tremendous upside with additional office lease up. Asset's also primed for a residential conversion play as the City/State have multiple resources for such. This 4 Story high rise is a part of a 6 Story building, of which the top 2 floors are residential condos not a party to this offering.
Historically Important Downtown Asset
Prime Geographic Positioning
Strong Tenant Mix
Value Add
Upside with Office Leasing
Prime Residential Conversion Opportunity
Immediate Cash Flow
Abundant Building Amenities
Reach out to the broker for more info on lease terms and amenities
Getting around
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83/100
Walk Score ®
-
77/100
Bike Score ®
Location
- City Kalamazoo, MI
- Neighborhood Kalamazoo Central Business District
- Zip Code 49007
- Market Grand Rapids
Points of Interest
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Shell
0.35 miles
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Citgo
0.38 miles
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Marathon
0.51 miles
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Pacific Pride
1.80 miles
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ChargePoint
2.07 miles
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Electrify America
5.32 miles
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City Parking Ramp No. 1
0.16 miles
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John Street Lot
0.20 miles
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Jasper Street Ramp
0.30 miles
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Kalamazoo County Employee Parking
0.34 miles
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Kalamazoo County CMH Parking Lot
0.39 miles
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Bell's Eccentric Cafe Parking
0.44 miles
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Jasper St North Lot
0.44 miles
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Vine Street Ramp
0.46 miles
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Jasper Street South Lot
0.48 miles
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Garden Entrance Parking
0.49 miles
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Subway
0.06 miles
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Fandango
0.07 miles
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Taco Bob's
0.08 miles
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Burdicks
0.08 miles
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Zazios
0.09 miles
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Brick & Brine
0.09 miles
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Kalamzoo Crepe Co.
0.11 miles
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Pop City Popcorn
0.14 miles
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Artisan Sandwich co.
0.14 miles
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Rose Gold Coffe Co.
0.15 miles
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Mall Plaza
0.02 miles
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People's Food Co-op
0.53 miles
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Dollar General Market
0.92 miles
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Harding's Friendly Market
1.13 miles
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Eastwood Market
2.05 miles
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Campus Pointe Mall
2.13 miles
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D&W Fresh Market
2.74 miles
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Hardings
2.95 miles
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Aldi
3.06 miles
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Big Lots
3.14 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Callander Commercial
