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Office Unit with Shared Meeting Space
For Lease
$23 SF/Yr

616 W Centre Ave Suite A, Portage, MI 49024

Private offices with elevator access and shared training, conference, and meeting facilities under a gross lease structure.

Space Size1,300 SF
Days on Market9

Property Features for 616 W Centre Ave Suite A

General Information

Standard status Active
Size 1,300 SF
Net Rentable 1,300 SF
Elevators Yes
Property subtype Commercial
Lease Type Gross

Space & Availability

Available Space 1,300 SF
Contiguous Space 1,300 SF
Space Use Office
Private Offices 4
Meeting Rooms 2

Additional Details

Lease Term 12 months

Amenities

ADA accessible
shared restrooms

Building Details

Year Built 1987
Units 1
Listing Agency: Strong Properties, LLC
Listed By: Sheila M Strong · License #6504431351
Source: Elliman
Added: Aug 13 Changed: Aug 20 Last Checked: Aug 20 at 10:22AM

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 Strong Properties, LLC

Investment Insights

Based on property information with market context.

This office unit provides 1,300 square feet of private space arranged as four offices, along with access to approximately 3,072 square feet of shared areas. Common facilities include a large training room, conference room, additional meeting space, and four restrooms. The suite is ADA accessible and served by an elevator. The gross lease includes trash, water, gas, and electric. The property was built in 1987 and is located at 616 W Centre Ave, Suite A, in Portage, Michigan.

The configuration is suited to professional office users, including real estate professionals, attorneys, CPAs, financial professionals, and consultants. A one-year lease term is offered, with private workspace supported by substantial shared meeting and training facilities.

Key Highlights

  • 1,300 SF of private office space configured with four private offices
  • Access to approximately 3,072 SF of shared common space
  • Shared large training room, conference room, meeting space, and four restrooms

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby

Demographics for 49024, MI

30,332
Population
13,232
Households
2.3
Avg Household Size
39
Median Age
51%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
1,763
Density / Sq Mi
$86,427
Median Household Income
$49,914
Median Earnings
$1,208
Median Rent
$248,700
Median Home Value

Market

Lease Benchmarks for Portage, MI

$27.52 /SF/Yr
Avg Asking Price
$11–$67 /SF/Yr
Price Range
5,125 SF
Avg Space Size

This space is priced 16% below the average of $27.52 /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
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Frequently Asked Questions

What type of property is this?
Office units - Private offices with elevator access and shared training, conference, and meeting facilities under a gross lease structure.
Where is this office units located?
The property is located at 616 W Centre Ave Suite A Portage, MI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 1,300 SF of private office space configured with four private offices; Access to approximately 3,072 SF of shared common space; Shared large training room, conference room, meeting space, and four restrooms
More about this property
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