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    1324 Portage St Kalamazoo, MI 49001

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    For Sale
    $399,000

    Turnkey restaurant opportunity in transforming Washington Square neighborhood.

    Property size:
    3,900 SF
    Lot size:
    0.13 Acres

    Property Features for 1324 Portage St

    General Information

    Size
    3,900 SF
    Lot size
    0.13 Acres

    Source: Callander Commercial Agent Matt Callander, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant in Washington Square

    This is a turnkey restaurant opportunity located in the Washington Square neighborhood. The property includes all equipment, infrastructure, and furniture. The property is suitable for a first-time operator or established restaurateur. The property could also be converted to a more traditional retail use. The property is located near common municipal parking. The property has a size of 3900 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.569938
    Latitude
    42.277968

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    FAQs

    What type of property is this?
    Turn key restaurant - Turnkey restaurant opportunity in transforming Washington Square neighborhood.
    Where is this turn key restaurant located?
    The property is located at 1324 Portage St Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Turnkey restaurant in immaculate condition with all equipment, infrastructure, and furniture included.; - Located in the heart of the transforming Washington Square neighborhood.; - Suitable for first-time operators or established restaurateurs.
    (269) 271-5187
    Request Owner's contact information
    1324 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
    1324 Portage St Kalamazoo, MI 49001
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