5581 S 9th St - Restaurant FOR SALE


Kalamazoo, MI 49009
$1,400,000 USD
269-349-1051
5581 S 9th St, Kalamazoo, MI for Sale
$1,400,000 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

5581 S 9th St
Kalamazoo, MI 49009


HIGHLIGHTS

  • ½ way between Chicago and Detroit, Exit 72 off Interstate 94, overlooking the freeway
  • $1.4M (Liquor license available for $50K extra)
  • 3 hotels next door, multi-family development behind, community college, 2 new hospitals, athletic club nearby
  • Existing concept The OCB with strong franchise potential; owner willing to assist in expansion
  • Price reduced until Dec. 31, 2025; if no offers by Dec. 19, 2025, equipment and franchise rights will be sold separately
  • Redevelopment potential; lease option may be available

OVERVIEW

Check out this incredible property and business opportunity in Kalamazoo, Michigan, located at 5581 S. 9th Street, right off Exit 72 on Interstate 94—perfectly situated halfway between Chicago and Detroit. The property features a 9,600-square-foot building on 3.3 acres with 200 parking spaces. Surrounding amenities include three hotels next door, a multi-family development behind the property, a community college down the street, two new hospitals, and an athletic club nearby. The asking price is $1.4 million, and a liquor license is available for an additional $50,000. The last appraisal, completed on July 12, 2021, valued the property at $950,000 before the parking lot and other updates were added. This location currently hosts The OCB concept, which has strong potential to become a national franchise. Check out www.TheOCB.food, visit the Facebook page, and read the Google reviews to learn more. If you want to keep this concept, the owner is willing to help you take it to the next level. Due to health issues and a need to focus on family in 2026, the price has been reduced until December 31, 2025. If no offers are received by December 19, 2025, all restaurant equipment, games, and franchise rights will be sold separately. This property is also open for redevelopment, and a lease option may be available. For more information, please contact Don Hamming, the property owner, at (269) 870-4861 or visit www.TheOCB.food. Thank you for your time!

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The OCB

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Convenience Store, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

3.12 AC

LAND SF

135,907 SF

ZONING

C-4

APN/PARCEL ID

09-02-401-026

ASK ABOUT THIS PROPERTY

Don HammingFLI LLCMore Info
269-349-1051

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Don HammingFLI LLCMore Info
269-349-1051

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.