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    FOR SALE
    Commercial real estate

    5402 Portage Rd, Portage, MI 49002

    7,428 SF 0.72 ac lot Built 1967
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US43-2405870
    Property summary
    AI-generated overview

    This exceptional 7,734-square-foot retail or restaurant property in Portage, Michigan, presents a unique investment opportunity. Located on a signalized corner with excellent visibility, this single-tenant building boasts a prime location just one-third of a mile south of the I-94 Portage Road interchange and across from the Kalamazoo/Battle Creek International Airport. Built in 1967 and renovated in 1992, the property features a spacious layout, including a fully equipped commercial kitchen with a capacity exceeding 200 and a custom wood-fired pizza oven. All restaurant furniture, fixtures, and equipment (FF&E) are included, with a detailed list available upon request. The property also includes an outdoor patio, ample parking with over 100 spaces, and exceptional signage opportunities. The 0.72-acre lot (31,575 square feet) offers potential for expansion or additional development. The building can be easily divided into two approximately 3,500-square-foot suites, providing flexibility for multiple tenants. An adjacent outlot is also available for lease. The property is zoned C201 and has a Kalamazoo County APN of 5402 & 5426

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1967
    Total area 7,428 SF
    Lot 0.72 ac (31,363 SF)
    Zoning code B-3
    APN 10-02320-057-O
    UPID US43-2405870
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $991k
    Blend (final) Blend
    $990k
    Owner & transaction history
    Mucho Fun LLC · 4 yrs held
    Mucho Fun LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    B-3 · Portage, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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