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    618 Romence Rd Portage, MI 49024

    Sponsored
    For Lease
    $14 SF/Yr

    Multi-tenant office & retail space, high traffic area.

    Lot size:
    72,025 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Hillside Center, located at 618 Romence Road in Portage, Michigan, presents a unique investment opportunity. This multi-tenant property boasts a total of 72,025 square feet across six buildings, each two stories high. The property sits on a generous 8.48-acre lot, providing ample space and visibility. Currently, there are 340 square feet of vacant space available for lease, offering flexibility for various business needs. The property features a diverse tenant mix, including medical, salon, and restaurant spaces, creating a vibrant and synergistic environment. The zoning is B-2/General Business, allowing for a wide range of commercial uses. The strategic location near the entrance to Crossroads Mall and the high-traffic Westnedge Avenue ensures excellent visibility and accessibility. With 417 parking spaces, ample parking is available for tenants and customers. The property benefits from strong anchor tenants on long-term leases, generating consistent traffic. On-site food service and proximity to Portage Park Trails add to the property's appeal. The competitive maintenance and CAM fees make this a financially attractive option. This property offers a blend of established businesses and leasing opportunities, making it an ideal investment for those seeking a high-traffic, well-located commercial property in a thriving Kalamazoo County market. Quick access to major highways further enhances its convenience and desirability.

    Property Features for 618 Romence Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    72,025 SF
    Total Rate
    84029.17

    Building Details

    Buildings
    6
    Stories
    2

    Unit(s) available at that property

    Space
    576 - 223
    Size
    340 SF
    Rate per SF
    $14

    HighLights

    • 72,025 SF multi‑tenant office and retail building on 8.48 acres in Portage, Kalamazoo County.
    • Six buildings with a total of 417 parking spaces.
    • B‑2 General Business zoning.
    • High‑traffic location on Romence Road, near Crossroads Mall and Westnedge Avenue.
    • Available suites suitable for medical, salon, restaurant, office, or retail uses.
    • Competitive CAM fees and strong anchor tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.5957466
    Latitude
    42.2165029

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    FAQs

    What type of property is this?
    Restaurant - Multi-tenant office & retail space, high traffic area.
    Where is this restaurant located?
    The property is located at 618 Romence Rd Portage, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 72,025 SF multi-tenant office and retail building on 8.48 acres in Portage, Kalamazoo County.; Six buildings with a total of 417 parking spaces.; B-2 General Business zoning.
    Request Owner's contact information
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    Portage, MI 49024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    618 Romence Rd Portage, MI 49024
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