For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Corner Building For Sale Title is generated by Realmo AI

    7940 S Sprinkle Rd, Portage, MI 49002

    View on Map
    Claim this Listing
    For Sale
    $525,000

    2,118 SF building with overhead door, ready to occupy.

    Type:Commercial
    Property size:
    2,118 SF
    Price / SF:
    $247/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 6:01 pm

    Property Features for 7940 S Sprinkle Rd

    General Information

    Standard status
    Active
    Size
    2,118 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1968

    We can help!

    Listing Contact
    Matthew Leighton

    Listing agent Matthew Leighton License #6501273319

    Listing office Jaqua, REALTORS

    Listing date Apr 24, 2026

    Source Elliman

    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 Jaqua, REALTORS

    HighLights

    • Prime corner location across from Stryker.
    • 2,118 SF building.
    • Vacant and ready to occupy.
    • Overhead door.
    • Excellent condition.
    • Great business exposure.

    Overview

    This 2,118 square foot building is available for sale. The property is located on a prime corner across from Stryker. It features an overhead door and is in excellent condition. The building is currently vacant and ready for immediate occupancy, offering great business exposure. The walk score is 1, indicating car-dependence, and the bike score is 25, indicating it is somewhat bikeable.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.8k $22.08
    − Vacancy −$1.1k −$0.53
    EGI $45.6k $21.55
    − OpEx −$13.7k −$6.47
    NOI $32.0k $15.09
    2,118 SF · lease $22.08/SF/yr · vacancy 2.40% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $456.4K
    $399.4K – $532.5K (±1% cap)
    NOI $31,950 @ 7.0% cap · market cap 6.09%
    Second Best
    Retail
    $208.7K
    $182.6K – $243.5K (±1% cap)
    NOI $14,607 @ 7.0% cap · market cap 2.78%
    Theoretical Best
    Warehouse
    $554.2K
    $485.0K – $646.6K (±1% cap)
    NOI $38,797 @ 7.0% cap · market cap 7.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Building Supply Department Store Kitchen & Bath Showroom Garden Center Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.531183
    Latitude
    42.375109

    FAQs

    What type of property is this?
    Storefront property - 2,118 SF building with overhead door, ready to occupy.
    Where is this storefront property located?
    The property is located at 7940 S Sprinkle Rd Portage, MI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Prime corner location across from Stryker.; 2,118 SF building.; Vacant and ready to occupy.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message