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$949,000
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Property 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)
Full Property Details
Full Property Details for 1381 S Drake Rd
General
- Price: $949,000
- Taxes: $17,225
- Status: Active
- Type: Business
- Source: SWMRIC_MLS
- MLS ID: 25003841
- Updated: 1/8/2026
- Added to Site: 363 day(s) ago
Business
- Business Type: Other, Professional Service, Restaurant, Retail
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Location
- Area: Greater Kalamazoo - K
- County: Kalamazoo
- Cross Streets: W KL & Michigan Ave
- Driving Directions: US 131 to Stadium Dr. (E) to Drake (N) to property.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Cable Available: Yes
- Utility Description: Cable Available, Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Stories/Levels: 1
- Square Feet: 7,735
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 26,975
- Lot Dimensions: 325 x 83
- Frontage: Paved
- Zoning: CC
Financial Considerations
- Tax Amount: $17,225
- Terms: Conventional, Other
- Tenant Pays: Electricity, Gas, Trash
Disclosures and Reports
- Ownership: LLC
- Legal Description: See Attached Schedule C
- Property ID: 619365001
Listed by Berner Real Estate, Rick Berner
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Schools
Schools serving 1381 S Drake Rd
School District:Kalamazoo Public School District
| Name | Grades | Distance |
|---|---|---|
Arcadia Elementary School, Kalamazoo, MI 932 Boswell Lane, Kalamazoo, MI 49006 | PK-5 | 0.8 mi |
Maple Street Magnet School For The Arts 922 West Maple Street, Kalamazoo, MI 49008 | 6-8 | 2.6 mi |
Loy Norrix High School 606 E Kilgore Rd, Kalamazoo, MI 49001 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1381 S Drake Rd
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$949,000
-3.06%
MLS
6/17/2025
Price Reduced
$979,000
-1.01%
MLS
2/01/2025
Listed
$989,000
23.78%
MLS
5/30/2018
Sold
$799,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1381 S Drake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,225
21%
$313,800
-2%
2019
$14,277
—
$319,300
15%
2019
$14,277
-9%
$277,900
-7%
2022
$15,622
5%
$299,300
18%
2020
$14,824
—
$254,400
6%
2020
$14,824
4%
$240,800
14%
2019
$14,277
14%
$211,500
6%
2018
$12,554
-1%
$199,800
2%
2014
$12,662
—
$195,900
6%
2014
$12,662
—
$184,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1381 S Drake Rd
1381 S Drake Road, Kalamazoo, MI 49006 (MLS# 25003841) is a Business property. 1381 S Drake Road is currently listed for $949,000 and was received on February 01, 2025. Want to learn more about 1381 S Drake Road? Do you have questions about finding other Business real estate for sale in Kalamazoo? You can browse all Kalamazoo real estate or contact a Coldwell Banker agent to request more information.

