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246 N Kalamazoo Mall 246 N Kalamazoo Mall
1,990 SF of Retail Space Available in Kalamazoo, MI 49007
Highlights
- Next to Arcadia Creek Festival site, on Kalamazoo Mall, walking distance to future event arena, downtown hotels and other activities.
- New HVAC.
- Full basement for storage or additional work space.
- Two well-lit parking spaces included directly behind building.
- On walking mall with heated sidewalk for snow and ice melt.
- Rent negotiable based on lease term and customizable to include pro-rated portion of building gas bill or billed in addition to base rent.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,990 SF | 3-10 Years | $15.08 /SF/YR $1.26 /SF/MO $30,009 /YR $2,501 /MO | Plus All Utilities |
1st Floor
Discover the perfect opportunity for your business in the heart of Kalamazoo! This prime retail or office space is now available for immediate long-term lease, nestled within the bustling Social District on the Kalamazoo walking mall. Imagine your enterprise thriving in a vibrant area, surrounded by the energy of the Arcadia Creek festival site and within a stone's throw of significant landmarks like the new courthouse and the anticipated event arena (which is now under construction!) & new future housing. With new heating system, central air and new windows, this unit promises a comfortable and inviting atmosphere for your customers and employees alike. The space includes a full basement, offering ample storage, and two well-lit parking spaces for employees directly behind building for ease of access. Whether you envision a chic cafe, a trendy retail store, or professional office suites, this location offers the flexibility to create a space that aligns with your vision. The lease terms are as attractive as the location, with customizable options for monthly rent and utilities, ensuring a perfect fit for your business's needs and budget. Seize the chance to be part of Kalamazoo's growth and position your business for success!
- Listed lease rate plus proportional share of utilities
- Partially Built-Out as a Drinking Establishment
- Located in-line with other retail
- Central Air Conditioning
- High Ceilings
- Basement
- Walking distance to future Kalamazoo event arena.
- Front getting face lift Fall 2024 with new windows
- On walking mall w/heated ice/snow melt sidewalk.
- Two parking spaces included in rent.
- New boiler heating system for energy efficiency.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 246 N Kalamazoo Mall , Kalamazoo, MI 49007
| Property Type | Retail | Year Built/Renovated | 1920/2019 |
| Property Subtype | Bar | Parking Ratio | 1.01/1,000 SF |
| Gross Leasable Area | 1,990 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 1,990 SF |
| Year Built/Renovated | 1920/2019 |
| Parking Ratio | 1.01/1,000 SF |
About the Property
Retail/office space on Kalamazoo walking mall within the Social District. Most recent tenant was brew pub, but would be excellent space to be used for office, retail store, restaurant or pub. Tenant can buildout to fit their needs. May or may not be eligible for grant funding thru City of Kalamazoo. Located directly off Arcadia Creek Festival site, within walking distance to future events arena, new courthouse and new planned residential housing. Space includes 2 parking spaces directly behind building and full basement for storage or additional work space.
- Signage
Nearby Major Retailers
Contacts
-
S&K properties of Kalamazoo LLC Karen Stahr -
Stahrs Of Kalamazoo LLC Steven Stahr
- S&K properties of Kalamazoo LLC
Presented by
S&K properties of Kalamazoo LLC
246 N Kalamazoo Mall | 246 N Kalamazoo Mall
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