The Haymarket Building

Off-Market

161 East Michigan Avenue, Kalamazoo, MI 49007

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 46,020 SF
  • Lot Size 0.22 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1908

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 07 Nov, 2001
  • 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 ®

    90/100 Walker's Paradise
  • Bike Score ®

    76/100 Very Bikeable
Powered by Walk Score ®
  • City Kalamazoo, MI
  • Neighborhood Kalamazoo Central Business District
  • Zip Code 49007
  • Market Grand Rapids

Points of Interest

  • Kalamazoo

    0.26 miles

  • Shell

    0.40 miles

  • Citgo

    0.42 miles

  • Marathon

    0.43 miles

  • Shell

    1.19 miles

  • Sunoco

    1.20 miles

  • Marathon

    1.21 miles

  • Marathon

    1.49 miles

  • Citgo

    1.50 miles

  • Marathon

    1.65 miles

  • Pacific Pride

    1.73 miles

  • City Parking Ramp No. 1

    0.18 miles

  • John Street Lot

    0.26 miles

  • Kalamazoo County Employee Parking

    0.34 miles

  • Jasper Street Ramp

    0.35 miles

  • Bell's Eccentric Cafe Parking

    0.35 miles

  • Kalamazoo County CMH Parking Lot

    0.38 miles

  • Jasper St North Lot

    0.49 miles

  • Vine Street Ramp

    0.53 miles

  • Jasper Street South Lot

    0.53 miles

  • Garden Entrance Parking

    0.55 miles

  • Radisson Plaza Hotel at Kalamazoo Center

    0.12 miles

  • Hilton Garden Inn

    0.21 miles

  • Comfort Inn

    0.60 miles

  • Henderson Castle

    1.18 miles

  • Four Points by Sheraton

    3.36 miles

  • Baymont by Wyndham Kalamazoo East

    3.36 miles

  • Residence Inn by Marriott Kalamazoo East

    3.37 miles

  • Staybridge Suites

    3.42 miles

  • Fairfield Inn by Marriot Kalamazoo

    3.54 miles

  • Country Inn & Suites by Radisson, Kalamazoo, MI

    3.55 miles

  • Subway

    0.04 miles

  • Brick & Brine

    0.08 miles

  • Burdicks

    0.10 miles

  • Zazios

    0.11 miles

  • Kalamazoo Beer Exchange

    0.14 miles

  • Fandango

    0.16 miles

  • Taco Bob's

    0.16 miles

  • Food Dance

    0.17 miles

  • Rose Gold Coffe Co.

    0.18 miles

  • Jimmy John's

    0.19 miles

  • Kalamazoo Valley Community College Center for New Media

    0.07 miles

  • Kalamazoo Valley Community College

    0.15 miles

  • W.E. Upjohn Campus

    0.21 miles

  • Lincoln International Studies School

    0.54 miles

  • Community Education Center

    0.66 miles

  • Kalamazoo Adult & Community Education

    0.66 miles

  • Kalamazoo Area Mathematics & Science Center

    0.69 miles

  • El Sol Elementary

    0.71 miles

  • Woodward School for Technology and Research

    0.84 miles

  • Edison Environmental Science Academy

    0.94 miles

  • Gilden Woods Early Care and Preschool

    3.33 miles

Frequently Asked Questions

What is the total square footage of The Haymarket Building?

The Haymarket Building totals 46,020 square feet.

When was The Haymarket Building last sold?

The Haymarket Building was last sold on 07 Nov, 2001.

What is the market value for The Haymarket Building?

The market value* for The Haymarket Building in 2023 was $4,291,800.
*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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