1306 Ctr Ave, Portage, MI 49002-4404
This exceptional commercial property, located at 1306 E Centre Avenue in Portage, Michigan, presents a unique investment opportunity. The expansive 100,188 square foot lot offers significant potential for a variety of commercial ventures. Currently designated as special purpose land, this parcel provides ample space for development tailored to specific business needs. The property's size allows for substantial building construction or the creation of a large-scale outdoor operation. Situated in Portage, MI, 49002, this location benefits from convenient access to major roadways and a thriving local economy. With a total land area exceeding 100,000 square feet, this property is ideal for businesses requiring significant space and visibility. The asking price is $559,000. The property is zoned for commercial use and offers a blank canvas for ambitious development plans. Its strategic location in Kalamazoo County, Michigan, ensures strong potential for return on investment. Serious inquiries are encouraged to explore the possibilities this substantial commercial land parcel offers. The property's 1,900 square feet of existing structures may be suitable for renovation or demolition, depending on the intended use. This is a rare opportunity to acquire a large, well-located commercial lot in a desirable Michigan market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
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
B-1 · Portage, MIPortage. Always verify with local authorities before improvements.
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.