225 Parsons Street

Off-Market

225 Parsons Street, Kalamazoo, MI 49007

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  • Property Type Industrial - Flex - Industrial
  • Property Size 147,000 SF
  • Lot Size 4.97 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1917

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 03 Feb, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Kalamazoo

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Kalamazoo Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $23.08
  • 2022 Office Vacancy Rate 16.00%
  • 2022 Office Completions (SF)
View more Kalamazoo market trends

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Kalamazoo, MI
  • Neighborhood Northside Kalamazoo
  • Zip Code 49007
  • Market Grand Rapids

Points of Interest

  • Kalamazoo

    0.47 miles

  • Marathon

    0.59 miles

  • Citgo

    0.83 miles

  • Shell

    0.86 miles

  • Pacific Pride

    1.06 miles

  • Marathon

    1.08 miles

  • Sunoco

    1.58 miles

  • Marathon

    1.76 miles

  • Sunoco

    1.80 miles

  • Marathon

    1.84 miles

  • Shell

    1.85 miles

  • Bell's Eccentric Cafe Parking

    0.43 miles

  • Kalamazoo County CMH Parking Lot

    0.60 miles

  • Kalamazoo County Employee Parking

    0.66 miles

  • City Parking Ramp No. 1

    0.69 miles

  • John Street Lot

    0.93 miles

  • Jasper Street Ramp

    1.01 miles

  • Jasper St North Lot

    1.15 miles

  • Jasper Street South Lot

    1.19 miles

  • Vine Street Ramp

    1.21 miles

  • Garden Entrance Parking

    1.22 miles

  • McDonald's

    0.54 miles

  • Checkers

    0.55 miles

  • Kalamazoo Beer Exchange

    0.55 miles

  • Hop Cat

    0.56 miles

  • Maru Sushi

    0.57 miles

  • Food Dance

    0.60 miles

  • South China

    0.61 miles

  • McDonald's

    0.63 miles

  • Lee's Famous Recipe Chicken

    0.64 miles

  • Burger Bros

    0.65 miles

  • People's Food Co-op

    0.49 miles

  • Mall Plaza

    0.78 miles

  • Harding's Friendly Market

    1.74 miles

  • Eastwood Market

    1.79 miles

  • Harding's Friendly Market

    1.88 miles

  • Bronco Mall

    1.95 miles

  • Hardings

    2.22 miles

  • Campus Pointe Mall

    2.53 miles

  • Aldi

    2.60 miles

  • Natural Health Food Center

    3.38 miles

  • Fire Station 3

    0.60 miles

  • Walgreens

    1.03 miles

  • Northwood Fire Station - Station 1

    1.11 miles

  • Station 1 - Northwood

    1.11 miles

  • Bronson Methodist Hospital

    1.12 miles

  • Borgess Medical Center

    1.16 miles

  • WMU Department of Safety

    1.55 miles

  • Western Michigan University Unified Clinics

    1.62 miles

  • Station 2 - Eastwood

    1.78 miles

  • Kalamazoo Psychiatric Hospital

    1.98 miles

Frequently Asked Questions

What is the total square footage of 225 Parsons Street?

225 Parsons Street totals 147,000 square feet.

When was this property built?

225 Parsons Street was built in 1917.

When was 225 Parsons Street last sold?

225 Parsons Street was last sold on 03 Feb, 2015.

What is the property tax for 225 Parsons Street?

The property tax for 225 Parsons Street in 2023 was $1,852.

What is the market value for 225 Parsons Street?

The market value* for 225 Parsons Street in 2023 was $550,800.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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