8312 Portage St Portage, MI 49002
This exceptional 960-square-foot free-standing industrial building presents a fantastic opportunity for businesses seeking high visibility and convenient access. Situated on a 0.36-acre lot in South Portage, Michigan, this property boasts 60 feet of frontage on busy Portage Road, ensuring maximum exposure to potential customers. The building features a welcoming reception area, two private offices, and a kitchenette, with the potential to easily convert existing space into a third office. Ample parking is provided with eight dedicated spaces. Enhance your brand presence with the existing prominent electronic-display and pylon signage. The property's B-3 General Business zoning (South Portage Commercial) allows for a variety of commercial uses. Its strategic location between East Centre Avenue and Zylman Avenue places your business within a thriving commercial area, surrounded by established businesses such as Presidential Brewing, Blue Kitchella, Erbellis Pizza, and Crystal Carwash. The property also offers room for future expansion, making it an ideal investment for businesses looking to grow. Priced at $250,000, this property offers a compelling combination of location, visibility, and versatility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.