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Renovated Flex Space
For Lease
$12 SF/Yr

5300 Ivanhoe Court, Portage, MI 49002

Commercial Lease, Portage, MI

Space Size759 SF - 1,685 SF
Lot Size0.45 Acres
Days on Market95

Property Features for 5300 Ivanhoe Court

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description B-3
Fireplace 1
Elementary school district Portage
Middle school district Portage
High school district Portage
Standard status Active
APN 10-04560-095-O
Size 759 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LINDBERGH ESTATES LOT 95-96 & 97
Legal Description LINDBERGH ESTATES LOT 95-96 & 97

Utilities

Utilities Phone Available
Heating system Forced Air

Amenities

open floor plans
optional overhead door access

Building Details

Year built 1960
Listing Agency: NAI Wisinski of West Michigan
Listed By: Connor Schultze · License #6501453214
Added: Jun 8 Changed: Sep 7 Last Checked: Sep 10 at 9:06AM
MLS# 26027771

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.

Investment Insights

Based on property information with market context.

Newly renovated flex suites offer 759 to 1,685 square feet with open floor plans suited to office, retail, or shop users. Select spaces provide optional overhead door access, while forced-air heating and available phone service support day-to-day operations. The property was built in 1960 and includes ample on-site parking.

Located just off Portage Road, the property offers access to I-94 and Kalamazoo/Battle Creek International Airport. Its Portage Road setting places the suites near established transportation routes and provides convenient access for businesses serving the surrounding area. Multiple suite sizes allow occupiers to select a configuration aligned with their space requirements.

Key Highlights

  • Newly renovated suites from 759 SF to 1,685 SF
  • Open floor plans for office, retail, or shop users
  • Optional overhead door access available in select spaces

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Restaurant Pharmacy

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
Balanced
Demand for This Use

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

$10.9 /SF/Yr
Avg Asking Price
$8–$22 /SF/Yr
Price Range
11,185 SF
Avg Space Size

This space is priced 10% above the average of $10.9 /SF/Yr.

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
Rey
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Similar Off Market Nearby

  • Teresa's Kitchen 1620 Bloomfield Ave, Kalamazoo, MI 49001

Frequently Asked Questions

What type of property is this?
Flex space - Move-in-ready suites combine open layouts with office, retail, and shop-use flexibility.
Where is this flex space located?
The property is located at 5300 Ivanhoe Court Portage, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Newly renovated suites from 759 SF to 1,685 SF; Open floor plans for office, retail, or shop users; Optional overhead door access available in select spaces
More about this property
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