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Office Suite with Private Offices

5136 Lovers Lane, Portage, MI 49002

For Lease
$18 SF/Yr Modified Gross

Commercial Lease, Portage, MI

Space Size4,018 SF
Lot Size0.77 Acres
Days on Market144

Property Features for 5136 Lovers Lane

General Information

Property type Commercial Lease
Property subtype Office
Zoning description B-2
Fireplace 1
Elementary school district Portage
Middle school district Portage
High school district Portage
Standard status Active
APN 39000003046O
Size 4,018 SF
Lot size 0.77 Acres

Taxes and HOA fees

Tax Description On file.
Legal Description On file.

Utilities

Utilities Cable Available
Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1989
Building materials Brick, Stone
Listing Agency: NAI Wisinski of West Michigan
Listed By: Kara Schroer · License MI #6501373674
Added: Jun 19 Changed: Oct 2 Last Checked: Nov 9 at 11:06AM
MLS# 26030584

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The first-floor offering contains 4,018 RSF arranged for professional office use. A reception area sits just beyond the main lobby, while the layout includes a corner-window meeting and board room, 11 private offices with windows, three (3) interior offices or meeting rooms, and a break area. The building was constructed in 1989 with brick and stone materials and features heat-pump heating, central air, and a fireplace.

Located at 5136 Lovers Lane in Portage, the property occupies a 0.77-acre site and has cable available. The space is offered under a modified gross lease structure, with utilities paid separately. Availability is expected within 60 to 90 days after lease execution.

Key Highlights

  • 4,018 RSF first‑floor office space
  • 11 private offices, each with windows
  • Corner‑window meeting and board room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Real Estate Agency Garden Center

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

Lease Details

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 49002, MI

19,553
Population
8,975
Households
2.2
Avg Household Size
41
Median Age
43%
College-Educated
96%
High-School Grad
17.3 sq mi
ZIP Area
1,130
Density / Sq Mi
$71,621
Median Household Income
$45,938
Median Earnings
$910
Median Rent
$223,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portage, MI

$25.66 /SF/Yr
Avg Asking Price
$1.08–$67 /SF/Yr
Price Range
7,059 SF
Avg Space Size

This space is priced 30% below the average of $25.66 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Portage, MI

$24.84 Jul
$25.86 Aug
$24.09 Sep
$23.98 Oct

Properties on Market for Office Units in Portage

Jul
Aug
Sep
Oct

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 unit - First-floor workspace offers a reception area, boardroom, and multiple windowed offices.
Where is this office unit located?
The property is located at 5136 Lovers Lane Portage, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 4,018 RSF first‑floor office space; 11 private offices, each with windows; Corner‑window meeting and board room
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