279 Centre Ave, Portage, MI 49024
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.