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Renovated Retail Suites
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 1,685 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# 26027769

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.

This retail property provides newly renovated suites ranging from 759 to 1,685 square feet. The spaces feature open floor plans and are move-in ready for office, retail, or shop uses, with optional overhead door access. Forced-air heating serves the building, which was constructed in 1960, and phone service is available.

The property is located just off Portage Road in Portage, near Kalamazoo/Battle Creek International Airport and I-94. Its setting provides convenient access to Portage Road, the interstate, and the airport, while ample parking supports day-to-day customer and employee access. Suite configurations accommodate businesses seeking flexible office, retail, or shop space.

Key Highlights

  • Newly renovated suites from 759 to 1,685 SF
  • Open floor plans suited to office, retail, or shop uses
  • Optional overhead door access

Property Analytics

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Current Use

Retail 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

240
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

$18.55 /SF/Yr
Avg Asking Price
$8–$30 /SF/Yr
Price Range
16,822 SF
Avg Space Size

This space is priced 35% below the average of $18.55 /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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Frequently Asked Questions

What type of property is this?
Retail space - Move-in-ready suites offer open layouts, optional overhead door access, and parking for office or retail users.
Where is this retail 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 to 1,685 SF; Open floor plans suited to office, retail, or shop uses; Optional overhead door access
More about this property
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