Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial real estate

    8139 Portage Rd, Portage, MI 49002

    3.85 ac lot
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US43-2464694
    Property summary
    AI-generated overview

    This vacant, 3,468-square-foot retail storefront at 8139 Portage Road in Portage, Michigan, presents a significant investment opportunity. The property, situated on a substantial 3.85-acre lot, offers considerable expansion potential. Built in 1935 and renovated in 1994, the main building encompasses 2,508 square feet and includes a classroom, office space, and two restrooms. A separate 960-square-foot workshop/garage with two overhead doors is located behind the main structure. Ample parking is available with approximately 9,000 square feet of paved space. The property is zoned B-3 and features two buildings on a single story. The asking price is $349,000, translating to $100.63 per square foot. This prime location on a major retail corridor in Kalamazoo County (zip code 49002) provides excellent visibility and accessibility. The property's size and versatile layout make it suitable for a variety of retail uses. The large lot size allows for future development or expansion. This is a rare opportunity to acquire a substantial retail property in a desirable location. The property is currently vacant, offering immediate occupancy for a new business.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 3.85 ac (167,706 SF)
    APN 10-00023-080-A
    UPID US43-2464694
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rkw Holdings LLC · 11 yrs held
    Rkw Holdings LLC
    since 2014
    2 recorded transactions
    2014
    $172,500
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message