Office Building with Accessibility
For Sale
$159,900
5837 Portage Road, Portage, MI 49002
Commercial Sale, Portage, MI
Property Size864 SF
Lot Size0.53 Acres
Price / SF$185.07
Days on Market203
Property Features for 5837 Portage Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
B-3
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1
Elementary school district
Portage
Middle school district
Portage
High school district
Portage
Directions
1-94 South on Portage Rd (Located on East side)
Standard status
Active
APN
10-09240-003-O
Size
864 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Assessors Plat of Willoughby - Henry Plat lot 3
Tax Annual Amount
2106
Legal Description
Assessors Plat of Willoughby - Henry Plat lot 3
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Central Air
Amenities
ramp for accessibility access
central air
enclosed front porch
parking lot
Building Details
Year built
1926
Number of units
1
Building materials
Vinyl Siding
Listing Agency:
Berner Real Estate
(269) 327-0993
Listed By:
Rick Berner
(269) 217-6568
Added: Mar 23
Changed: Oct 8
Last Checked: Oct 11 at 10:06AM
MLS# 26011317
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 864-square-foot office building sits on 0.53 acres and includes a basement, bathroom, enclosed front porch, and an accessibility ramp. Central air, forced-air heating, vinyl siding, and a newer roof are in place. The property was built in 1926 and is currently vacant for immediate occupancy.
Located in Portage near Kalamazoo/Battle Creek Airport, the property is zoned B-3 in a general district. The site includes a parking lot, with natural gas available and septic service. Its existing office configuration and accessible entry support a range of commercial applications permitted under the applicable zoning.
Located in Portage near Kalamazoo/Battle Creek Airport, the property is zoned B-3 in a general district. The site includes a parking lot, with natural gas available and septic service. Its existing office configuration and accessible entry support a range of commercial applications permitted under the applicable zoning.
Key Highlights
- 864‑square‑foot office building on 0.53 acres
- B‑3 zoning in a general district
- Accessibility ramp and enclosed front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,659
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,180
$173.2K
Cap Rate 7%
$123,700
$123.7K
Cap Rate 9%
$96,211
$96.2K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$12.4K $14.40/SF
− Vacancy
−$896 −$1.04/SF
EGI
$11.5K $13.36/SF
− OpEx
−$2.9K −$3.34/SF
NOI
$8.7K $10.02/SF
Area
Kalamazoo County, MI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,180
Cap Rate 7%
$123,700
Cap Rate 9%
$96,211
Alternative Uses
Best Use
Office B
$123.7K
$108.2K – $144.3K
NOI $8,659 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$226.1K
$197.8K – $263.8K
NOI $15,826 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Vacant office property with central air, enclosed porch, and immediate occupancy.
Where is this office building located?
The property is located at 5837 Portage Road Portage, MI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 864‑square‑foot office building on 0.53 acres; B‑3 zoning in a general district; Accessibility ramp and enclosed front porch
