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Renovated Two-Suite Office Building
For Sale
$149,900
Pending

242 Kent St, Portland, MI 48875

Fully leased office property with two suites, C1 zoning, and additional walkout area.

Property Size1,440 SF
Days on Market180

Property Features for 242 Kent St

General Information

Standard status Pending
Size 1,440 SF
Total Parking Spaces 3
Property subtype Office
Zoning C1

Amenities

Power
Water
Sewer
Natural Gas
3 Parking Spaces

Building Details

Year Built 1959
Tenancy Multi-Tenant
Listing Agency: NAI Wisinski of West Michigan
Listed By: Eli Smies
Source: Carwm.resimplifi
Added: Apr 20 Changed: Oct 4 Last Checked: Oct 16 at 5:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Wisinski of West Michigan

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Investment Insights

Based on property information with market context.

This renovated office building contains 1,440 SF arranged across two suites and is fully leased. The property also includes approximately 1,000 SF of walkout space extending around the rear of the building, providing additional functional area beyond the primary office footprint. Constructed in 1959, the building combines an established structure with updated interior improvements.

Located at 242 Kent St in Portland, Michigan, the property has frontage along the Grand River. C1 zoning, identified as Neighborhood Commercial, supports the property’s commercial office classification. The two-suite configuration and existing occupancy provide a straightforward format for continued office use, subject to applicable zoning and lease considerations.

Key Highlights

  • 1,440 SF office building configured as two suites
  • Fully leased office property
  • Approximately 1,000 SF of walkout space around the rear of the building

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 48875, MI

10,582
Population
4,330
Households
2.4
Avg Household Size
39
Median Age
30%
College-Educated
96%
High-School Grad
85.2 sq mi
ZIP Area
124
Density / Sq Mi
$92,457
Median Household Income
$50,355
Median Earnings
$1,088
Median Rent
$213,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Fully leased office property with two suites, C1 zoning, and additional walkout area.
Where is this office building located?
The property is located at 242 Kent St Portland, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1,440 SF office building configured as two suites; Fully leased office property; Approximately 1,000 SF of walkout space around the rear of the building
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