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    616 Center St Portage, MI 49024

    For Sale
    $1,300,000

    Prime Portage location, 10,226 sq ft office building on 4.87 acres.

    Property size:
    10,226 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 10,226 square foot, two-story office building presents a unique investment opportunity in Portage, Michigan. Situated on a generous 4.87-acre lot, this property boasts a prime location on West Centre Avenue, a thriving commercial corridor. Built in 1987, with significant renovations in 2010 and 2015, the building is impeccably maintained and ADA compliant. The interior features a thoughtful layout including multiple windowed perimeter offices, providing ample natural light and pleasant workspaces. Large, open areas are ideal for workstations, while dedicated spaces such as a training room, boardroom, and conference rooms cater to diverse business needs. Convenient amenities include gathering areas, breakrooms/kitchenettes, an elevator, and two separate entrances for enhanced accessibility. Exterior features are equally impressive, with monument signage ensuring high visibility, a spacious open parking field for ample vehicle accommodation, professionally landscaped grounds enhancing curb appeal, and a backup generator providing peace of mind. The property comprises two parcels: 616 W. Centre Ave. (APN 00016-695-A, 0.44 acres) and 600 W. Centre Ave. (APN 00016-695-B, 4.43 acres), zoned B-1 - Local Business. Its proximity to Shaver Road (less than a quarter mile west) further enhances its strategic location and accessibility. This property offers a compelling combination of size, functionality, and location, making it an ideal investment for a variety of businesses.

    Property Features for 616 Center St

    General Information

    Property type
    Industrial properties
    Square Feet
    10,226 SF
    Lot Size
    212,137 SF

    Building Details

    Year Built
    1987
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.59589
    Latitude
    42.20122

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    FAQs

    What type of property is this?
    Industrial property - Prime Portage location, 10,226 sq ft office building on 4.87 acres.
    Where is this industrial property located?
    The property is located at 616 Center St Portage, MI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (269) 353-0311
    Request Owner's contact information
    616 Center St Portage, MI 49024
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    Portage, MI 49024
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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
    616 Center St Portage, MI 49024
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