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167 Commercial Real Estate Listings in Kalamazoo, MI

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Kalamazoo, MI Commercial Real Estate

There are currently 163 commercial listings available in Kalamazoo, MI. These listings include 73 commercial spaces that encompass a total of 568,609 square feet. Available commercial spaces in Kalamazoo, MI range in size from 300 square feet to 77,046 square feet. A total of 91 off-market commercial properties located in Kalamazoo, MI are also available for research.

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Kalamazoo, MI Commercial Inventory Breakdown

In 2022 the Kalamazoo, MI commercial real estate market totaled 2,363,668 square feet of office spaces, 140,000 square feet of office spaces with retail, and 6,555,188 square feet of industrial space.

Office Spaces

Total: 2,363,668 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 1,033,670 SqFt 43.73% of total office
100k to 500k SqFt 697,780 SqFt 29.52% of total office
500k to 1M SqFt 632,218 SqFt 26.75% of total office
By class:
Class A 1,543,707 SqFt 65.31% of total office
Class B 747,961 SqFt 31.64% of total office
Class C 72,000 SqFt 3.05% of total office
Roughly 26.75% of the total office space in Kalamazoo, MI is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 43.73% of the office inventory.

Class A office space holds a 65.31% share of the overall Kalamazoo, MI office market, while Class B office assets make up approximately 31.64%.

Industrial

Total: 6,555,188 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 1,304,498 SqFt 19.9% of total industrial
100k to 500k SqFt 3,859,064 SqFt 58.87% of total industrial
500k to 1M SqFt 1,391,626 SqFt 21.23% of total industrial
By class:
Class A 272,601 SqFt 4.16% of total industrial
Class B 5,193,475 SqFt 79.23% of total industrial
Class C 1,089,112 SqFt 16.61% of total industrial
There are 3,859,064 square feet of commercial real estate properties between 100k to 500k square feet, representing 58.87% of the Kalamazoo, MI industrial inventory. Class A assets total 272,601 square feet of industrial space, with an additional 5,193,475 square feet of Class B and 1,089,112 square feet of Class C properties.

Office Spaces with Retail

Total: 140,000 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
100k to 500k SqFt 140,000 SqFt 100% of total office with retail

Kalamazoo, MI Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Kalamazoo, MI Office 28 265,636
Kalamazoo, MI Retail 22 293,373
Kalamazoo, MI Industrial 6 9,600
Kalamazoo, MI Other 78 593,409
Ofice Icon

28

Office

Industrial Icon

6

Industrial

Retail Icon

22

Retail

Current local active listing encompass 1,162,018 square feet of commercial space for lease in Kalamazoo. There are 28 active office listings, which amount to 265,636 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 293,373 square feet across 22 listings. Current industrial offerings on the market amount to 9,600 square feet across a total of 6.

Employment in Kalamazoo, MI

Employed Population 41,505

Employed population - Industry % Distribution

Management, business, science, and arts occupations

29%

Service occupations

27%

Sales and office occupations

21%

Production, transportation, and material moving occupations

17%

Natural resources, construction, and maintenance occupations

6%

In 2020, roughly 29% of a total of 41,505 employed in Kalamazoo worked in Management, business, science, and arts occupations, followed by 27% in Service occupations and 21% in Sales and office occupations.

Income per capita $22,158  Median household income $39,494

Household income

61%

Under $50k

29%

$50k - $100k

8%

$100k - $200k

3%

Over $200k

The median household income in Kalamazoo stands at $39,494, with per capita income at $22,158. Households earning between $50k and $100k represent 29% of the total, while those earning over $200k make up 3%. Approximately 61% of Kalamazoo households earn less than $50k per year.

Commuting in Kalamazoo, MI

Mean travel time to work 18 minutes

Means of transportation to work

75.60%

Driving alone

10.10%

Carpool

3.30%

Public transit

0.70%

Bicycle

5.60%

Walking

0.80%

Other

3.90%

Work at Home

*Universe: Workers 16 and over

The mean travel time to work in Kalamazoo in 2020 was 18 minutes. Around 75.60% of workers commute by Driving alone, 10.10% Carpool and 5.60% by Walking.

Education in Kalamazoo, MI

High school grad or higher 85%

Bachelor's degree or higher 31%

Population by minimum level of education

15%

No degree

21%

High school

33%

Some College

20%

Bachelor's

12%

Post-grad

*Universe: Workers 25 and over

An estimated 85% of Kalamazoo residents aged 25 or over hold a high school degree or higher. Of those, 21% are high school graduates, 33% attended some college, 20% earned a bachelor's degree, with an additional 12% holding post-graduate degrees.

Kalamazoo, MI Demographics

As of 2020, Kalamazoo had a total population of 76,201, with a median age of 27.80 years. Roughly 74.50% of the total population was between the ages of 16 and 64 years old.