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    5120 Lovers Ln Portage, MI 49002

    For Sale
    $925,000

    COMMERCIAL - Portage, MI

    Type:Office
    Property size:
    8,400 SF
    Days on Market:
    117
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 5120 Lovers Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 4
    Bathrooms
    5
    APN
    3900003049C
    Parking
    35
    Interior features
    Broadband
    Size
    8,400 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Floors in Building
    1
    Number of units
    5
    Building materials
    Wood Siding
    Roof type
    Composition

    Berkshire Hathaway HomeServices MI (269) 344-8599

    Listing agent Ryan Rider (269) 720-3777

    Listing date Aug 19, 2025

    Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Leased Investment Opportunity

    Located in North Portage, this investment property features five condo units. The property is fully leased with a mix of tenants, including two dentist offices, an accountant, a counseling service, and a massage therapist. The building is situated in a quiet, wooded area overlooking a creek and trail. The property, with a total size of 8400 square feet, is located in Portage, Michigan. This property is suitable as an addition to an investment portfolio or for possible future owner occupancy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lakeview Animal Hospital, Greathouse Darrell DVM

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.576302
    Latitude
    42.243335

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    FAQs

    What type of property is this?
    Medical office - North Portage property with diverse tenants and steady income.
    Where is this medical office located?
    The property is located at 5120 Lovers Ln Portage, MI.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Fully leased property ensures a steady stream of income.; - Comprised of five separate condo units.; - Good mixture of tenants including dentist offices, accountant, counseling, and massage.
    (269) 720-3777
    Request Owner's contact information
    5120 Lovers Ln Portage, MI 49002
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    Portage, MI 49002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5120 Lovers Ln Portage, MI 49002
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