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Property profile & analytics
OFF-MARKET
Industrial properties

8314 Portage St Portage, MI 49002

3,912 SF 0.35 ac lot Built 1919
Property ID
Property summary
AI-generated overview

This exceptional 3,912 square foot industrial property in Portage, MI, presents a unique investment opportunity. Located at 8314 Portage Road, this freestanding building sits on a 0.35-acre lot and boasts 21 parking spaces, along with highly visible pylon signage on a major thoroughfare. The property enjoys a prime location on a road with over 50,000 vehicles passing daily, surrounded by established national and local businesses, ensuring maximum visibility and foot traffic. Currently operating as a successful adult-use provisioning center, this location generated nearly $3.3 million in revenue over the past 12 months, demonstrating strong profitability. The sale includes the real estate and the existing business. There's also a potential to acquire an adjacent 0.36-acre parcel (8312 Portage Road) with a 928 square foot building, offering expansion possibilities for parking or additional business space, as indicated by the existing concept site plan. This turnkey operation offers a rare chance to own a well-established, high-performing business in a highly desirable location. The price for the main property is $999,888, with the adjacent parcel available for separate negotiation. This is a remarkable opportunity for an investor seeking a profitable, established business with significant growth potential.

Property profile
Verified
Property type Industrial properties
Year built 1919
Total area 3,912 SF
Lot 0.35 ac (15,246 SF)
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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