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    824 Portage St Kalamazoo, MI 49001

    Sponsored
    For Sale
    $325,000

    Two Parcels, High Visibility, Development Ready

    Property size:
    16,634 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Kalamazoo investment opportunity encompasses two adjacent parcels totaling 0.737 acres at 824 and 842 Portage Street. The prime location directly across from the new Boys and Girls Club ensures high visibility and accessibility. Parcel 1 (824 Portage St) features a 11,540 sq ft, two-story building on a 0.34-acre lot with 65.15 ft of frontage. This building, previously a 911 call center and ambulance office, is currently used as a single-family home office and boasts a metal roof (2019), updated facade (2020), and a large rear garage. Parcel 2 (842 Portage St) includes a 4,800 sq ft pole barn on a 0.397-acre lot, also offering additional Portage Street frontage. The pole barn features a cement floor, a new metal roof (2019), and five garage doors, making it ideal for industrial or storage uses. Both parcels benefit from three-phase power, presenting significant potential for diverse commercial, mixed-use, or industrial development. The existing structures offer immediate usability and flexibility, while the combined acreage provides ample space for expansion or new construction. This property is perfect for businesses, investors, or developers seeking a strategic location with significant development potential in a thriving Kalamazoo neighborhood.

    Property Features for 824 Portage St

    General Information

    Property type
    Industrial properties
    Square Feet
    16,634 SF
    Lot Size
    14,810 SF
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.57384
    Latitude
    42.28344

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    FAQs

    What type of property is this?
    Industrial property - Two Parcels, High Visibility, Development Ready
    Where is this industrial property located?
    The property is located at 824 Portage St Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $325,000.
    (517) 200-3245
    Request Owner's contact information
    824 Portage St Kalamazoo, MI 49001
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    Kalamazoo, MI 49001
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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
    824 Portage St Kalamazoo, MI 49001
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