8314 Portage St Portage, MI 49002

Property Details for 8314 Portage St

Year built

1919

Lot size

0.35 lot acres

Property size

3,912 SF

Property type

Industrial properties

Description

This exceptional 3,912 square foot industrial property in Portage, MI, presents a unique investment opportunity. Located at 8314 Portage Road, this freestanding building sits on a 0.35-acre lot and boasts 21 parking spaces, along with highly visible pylon signage on a major thoroughfare. The property enjoys a prime location on a road with over 50,000 vehicles passing daily, surrounded by established national and local businesses, ensuring maximum visibility and foot traffic. Currently operating as a successful adult-use provisioning center, this location generated nearly $3.3 million in revenue over the past 12 months, demonstrating strong profitability. The sale includes the real estate and the existing business. There's also a potential to acquire an adjacent 0.36-acre parcel (8312 Portage Road) with a 928 square foot building, offering expansion possibilities for parking or additional business space, as indicated by the existing concept site plan. This turnkey operation offers a rare chance to own a well-established, high-performing business in a highly desirable location. The price for the main property is $999,888, with the adjacent parcel available for separate negotiation. This is a remarkable opportunity for an investor seeking a profitable, established business with significant growth potential.