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Turnkey Restaurant Opportunity in Portage

6907 Sears Drive Portage, MI 49024

6907 Sears Drive, Portage, MI, 49024
$299,000
Pending
For Sale
Claim this Listing
$299,000
Pending

COMMERCIAL - Portage, MI

Property Size2,031 SF
Lot Size0.51 Acres
AddedMay 21
Days on Market57
Last RefreshJul 16 at 9:06 am

Property Features for 6907 Sears Drive

General Information

Property type
Commercial Sale
Property subtype
Retail
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
28
Standard status
Pending
APN
10-00009-100-E
Size
2,031 SF
Lot size
0.51 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
On file.
Tax Annual Amount
15082

Utilities

Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
2010
Floors in Building
1
Number of units
1

Listing agent Chad M VanDerwall

Listing office Kalamazoo Commercial Real Estate 501 W Willard Street, Kalamazoo, MI

Listing date May 21, 2026

MLS# 26023827

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This is a turnkey former breakfast restaurant opportunity featuring 2,031 square feet. Previously East Egg, the property is offered for sale with all furniture, fixtures, and equipment included. The space includes a dining area, bar/server station, and a commercial kitchen. The property is situated on a lot of 0.51 acres. Located adjacent to Crossroads Mall and less than 0.5 miles from Westnedge Avenue, the area's largest corridor, the property benefits from steady traffic and surrounding retail draw. The property is located in Portage, Michigan.

Key Highlights

  • 2,031 SF former breakfast restaurant space previously operating as East Egg
  • Includes dining area, bar/server station, and commercial kitchen
  • Offered with all furniture, fixtures, and equipment included

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.7k $13.14
− Vacancy −$1.3k −$0.63
EGI $25.4k $12.51
− OpEx −$6.4k −$3.13
NOI $19.1k $9.38
2,031 SF · lease $13.14/SF/yr · vacancy 4.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$272.2K
$238.2K – $317.6K (±1% cap)
NOI $19,055 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$531.5K
$465.0K – $620.1K (±1% cap)
NOI $37,203 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Breakfast & diners

Suggested Use

Building Supply Big Box & Wholesale Store Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Storage Facility Hotel & Motel Auto Repair Shop Auto Parts Store

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

Similar Off Market Nearby

  • Colonial Kitchen — 7617 S Westnedge Ave, Portage, MI 49002
  • Antique Kitchen — 6215 S Westnedge Ave, Portage, MI 49002

FAQs

What type of property is this?
Breakfast & diner - Former breakfast restaurant with all furniture, fixtures, and equipment.
Where is this breakfast & diner located?
The property is located at 6907 Sears Drive Portage, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,031 SF former breakfast restaurant space previously operating as East Egg; Includes dining area, bar/server station, and commercial kitchen; Offered with all furniture, fixtures, and equipment included
Contact an agent
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