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    OFF-MARKET
    Retail properties & Spaces

    279 Centre Ave, Portage, MI 49024

    1,800 SF
    Property ID
    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
    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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