Property profile

279 Centre Ave Portage, MI 49024

OFF-MARKET
Retail properties & Spaces
1,800 SF
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Property summary

AI-generated overview

Portage Centre Plaza offers an exceptional opportunity for retail businesses seeking high visibility and convenient access. This 1,800 square foot space is located within a thriving 55,000+ square foot neighborhood retail center in Kalamazoo County, strategically positioned near Portage City Hall, Portage Central High School, and the Portage Schools administration building. The property benefits from a highly walkable urban setting, ensuring consistent foot traffic. The center enjoys a diverse tenant mix, including a successful Water Street Coffee Joint, three established restaurants, Bronson, and Anytime Fitness, creating a vibrant and attractive atmosphere. This prime location is situated along a major commute route connecting the expanding Pfizer and Stryker campuses to Portage's newest residential areas, guaranteeing a substantial customer base. The entire 1,800 square foot space is currently vacant, presenting a unique chance for a single tenant to establish a significant presence or for multiple tenants to collaborate within the space. This is an ideal opportunity to capitalize on the strong demographics and high traffic volume of this established retail center. The property is classified as commercial retail with multiple tenancy options.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,800 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

279 Centre Ave Portage, MI 49024
Portage metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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