1381 S Drake Road, Kalamazoo, MI 49006 (MLS# 25003841)
1381 S Drake Road, Kalamazoo, MI 49006
$979,000
Property Type:
Commercial Sale
Square Footage:
7,735
Lot Size (sq. ft.):
26,975
Status:
Active
Current Price:
$979,000
List Date:
2/01/2025
Last Modified:
6/27/2025
Description
Strip Center/Mall w/7 units (3 rented - 4 units as one 3,936 square feet - vacant)
Ideal for your business. High visibility retail/service rapid growing corridor. Strong traffic & stop lights. Near Costco, Walters Auto & Western University Campus.
Located N of Stadium Dr.
Present tenants: Hungry Howes (Long term tenant), plus 2 other occupants. (Barber & Photographer)
More Information MLS# 25003841
Location & Property Info
Cross Streets: W KL & Michigan Ave
Property Sub-Type: Business Opportunity
Municipality: Kalamazoo City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 126.57
Prop Avail for Lease?: Yes
General Property Info
New Construction: No
Lot Dimensions: 325 x 83
Road Frontage: 325
Mineral Rights: No
Waterfront: No
Year Remodeled: 2020
Total # Units: 7
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 7735
Property Use Type: Vacant/Owner-User
School District: Kalamazoo
Lot Measurement: Acres
Lot Acres: 0.62
Lot Square Footage: 26975
Year Built: 1985
Full Baths: 4
Tax Info
Taxable Value: 248884
SEV: 319300
For Tax Year: 2024
Seller's Annual Property Tax: 17225
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: none
Zoning: CC
Tax ID #: 0619365001
Remarks & Misc
Legal: See Attached Schedule C
Street Type
Paved: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional Service: 1
Restaurant: 1
Retail: 1
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Survey: 1
Other: 1
Business Includes
Real Estate: 1
Util Avail at St
Cable Available: 1
Tenant Pays All
Electric: 1
Gas: 1
Trash: 1
Driveway
Asphalt: 1
Purchase Terms Avail
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 1381
Street Name: S Drake Road
State: MI
Zip Code: 49006
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $979,000
List Price: $979,000
Listing Date: 2025-02-01
Remarks Misc
Directions: US 131 to Stadium Dr. (E) to Drake (N) to property.
Property Features
Uses: Professional Service; Restaurant; Retail; Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Below Grade: None
Tenant Pays All: Electric; Gas; Trash
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Asphalt
Street Type: Paved
Purchase Terms Avail: Conventional
Docs at List Office: Survey; Other
Sale Conditions: None
Possession: Close Of Escrow
Listing Office:
Berner Real Estate
Listing Agent:
Rick Berner
Last Updated: June - 27 - 2025
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