Building Details

Year Built 1960

Units 3

Listing Agency: NAI Wisinski of West Michigan k***@naiwwm.com Show Phone

Listed By: Kara Schroer · License #6501373674 Show Phone

Source: Elliman

Added: Jun 10 Changed: Aug 17 Last Checked: Aug 14 at 6:21AM

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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

Investment Insights

Based on property information with market context.

Newly renovated office and retail flex suites are available in a range from 759 SF to 1,685 SF. The spaces feature open floor plans designed to support a variety of office, retail, or shop uses, with optional overhead door access available where applicable.

The property is located just off Portage Road near Kalamazoo/Battle Creek International Airport, offering convenient access to a high-visibility corridor. Ample parking is available for customers and employees, supporting everyday business traffic and easy client arrival.

These suites are a practical fit for tenants seeking a ready-to-occupy space that can accommodate both showroom and back-of-house needs within an adaptable layout. With lease terms available up to 60 months, the configuration and access options make the property worth considering for growing businesses that value flexibility between office and retail/shop operations.

Key Highlights

• Newly renovated office/retail suites available from 759 SF to 1,685 SF
• Move‑in ready spaces with open floor plans for office, retail, or shop users
• Optional overhead door access available for suitable use

Property Analytics

Property Profile

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

Explore this area Business Placement

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

Market

Lease Benchmarks for Portage, MI

$10.15 /SF/Yr

Avg Asking Price

$7–$22 /SF/Yr

Price Range

12,544 SF

Avg Space Size

This space is priced 18% above the average of $10.15 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Move-in ready suites with open layouts and optional overhead door access, suited for office, retail, or shop users.

Where is this flex space located?

The property is located at 5300 Ivanhoe Ct 5348 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 office/retail suites available from 759 SF to 1,685 SF; Move‑in ready spaces with open floor plans for office, retail, or shop users; Optional overhead door access available for suitable use