Free-Standing Office
8312 Portage Road Portage, MI 49002
For Sale
$199,900
COMMERCIAL - Portage, MI
Property Size960 SF
Lot Size0.36 Acres
Price / SF$208.23
Days on Market47
Property Features for 8312 Portage Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 8
- Interior features
- Broadband
- Standard status
- Active
- APN
- 391000340136O
- Size
- 960 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- AMES WEST LAKE PARK LOT 136
- Tax Annual Amount
- 3763
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1945
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Vinyl Siding
- Roof type
- Composition
Listing Agency:
RE/MAX Advantage
(269) 323-3900
Listed By:
Pamella M Knapp · License #6501304748
(269) 488-6561
Added: Jun 10
Last Checked: Jul 26 at 6:06PM
MLS# 26028435
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 free-standing office building sits on a 0.36-acre site and offers a practical small-office layout. The interior includes a welcoming reception area, two private offices, and a kitchenette that could support a third office configuration. The property also includes additional room that may allow for future expansion, giving it flexibility for growing teams or changing space needs.
Externally, the building is positioned with approximately 60 feet of frontage on busy Portage Road, supported by an electronic-display and pylon sign. The site includes eight dedicated parking spaces, supporting convenient customer and employee access. The property is located in South Portage between E. Centre and Zylman, within a commercial area with nearby businesses including Presidential Brewing, Blue Kitchella, Erbellis Pizza, and Crystal Carwash.
Zoned B-3, General Business (South Portage Commercial), the building is well suited for professional and service-oriented uses seeking visible roadside presence and on-site parking. With its reception-focused entry and private office arrangement, it can serve as a turn-key option for a range of office users or as an adaptable facility for tenants evaluating space to expand over time.
Externally, the building is positioned with approximately 60 feet of frontage on busy Portage Road, supported by an electronic-display and pylon sign. The site includes eight dedicated parking spaces, supporting convenient customer and employee access. The property is located in South Portage between E. Centre and Zylman, within a commercial area with nearby businesses including Presidential Brewing, Blue Kitchella, Erbellis Pizza, and Crystal Carwash.
Zoned B-3, General Business (South Portage Commercial), the building is well suited for professional and service-oriented uses seeking visible roadside presence and on-site parking. With its reception-focused entry and private office arrangement, it can serve as a turn-key option for a range of office users or as an adaptable facility for tenants evaluating space to expand over time.
Key Highlights
- Free‑standing office building on 0.36 acres in South Portage
- 60 ft frontage on busy Portage Road with electronic‑display and pylon sign
- Zoned B‑3, General Business (South Portage Commercial)
Financial Insights For Office B
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 | $13.8k | $14.40 |
| − Vacancy | −$995 | −$1.04 |
| EGI | $12.8k | $13.36 |
| − OpEx | −$3.2k | −$3.34 |
| NOI | $9.6k | $10.02 |
960 SF · lease $14.40/SF/yr · vacancy 7.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$137.5K
$120.3K – $160.4K
NOI $9,622 @ 7.0% cap · market cap 4.81%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$251.2K
$219.8K – $293.1K
NOI $17,585 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Free-standing office building with multiple offices, kitchenette, and 60 feet of Portage Road frontage.
Where is this office building located?
The property is located at 8312 Portage Road Portage, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Free‑standing office building on 0.36 acres in South Portage; 60 ft frontage on busy Portage Road with electronic‑display and pylon sign; Zoned B‑3, General Business (South Portage Commercial)
