525 Romence RdPortage, MI 49024

Property Details for 525 Romence Rd

Lot size

12.01 AC

Property type

Other commercial real estate

APN

10-00016-055-C

APU

1000016055C

Description

Romence Plaza, located at 525 Romence Rd, Portage, MI 49024, presents a unique opportunity for retail businesses seeking a prime location in Kalamazoo County. This 57,000 square foot retail center boasts a highly desirable location, serving both established Portage neighborhoods and benefiting from the significant traffic flow along South Westnedge Avenue. Currently, the entire 57,000 square feet is available for lease, with a minimum divisible space of 8,000 square feet and a maximum contiguous space of 8,000 square feet. The property's strategic placement offers excellent visibility and accessibility, enhanced by its proximity to Crossroads Mall and a signalized intersection. Ample parking is available with over 1,000 spaces, ensuring convenient access for customers. Romence Plaza enjoys a strong tenant mix, including established businesses such as the Michigan Secretary of State, Lightning Kicks, Kalamazoo Kitty, Once Upon a Child, and AAA, creating a vibrant and thriving retail environment. This presents a rare chance to establish a presence in one of Portage's premier shopping destinations. The property is classified as Commercial Retail with multiple tenancy options.

• Alternative Use

  Use

  Valuation

  Residential

  $112,625,240

  Hospitality

  $103,164,112

  Educational

  $85,831,328

  Medical

  $88,783,200

  Retail

  $133,515,400

Location Insight

City

Portage

County

Kalamazoo

State

Michigan

Latitude

42.2129

Longitude

-85.5955

CBSA code

28020

CBSA name

KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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