8750 Portage Industrial Dr Portage, MI 49024
For Sale
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This 3,028 square foot commercial building in Portage, MI's Industrial Park presents a compelling investment opportunity. Situated on a 0.33-acre lot, the property boasts convenient access to US-131 via Shaver Road, ensuring excellent visibility and accessibility. The building offers a versatile layout, combining approximately 1,500 square feet of open-concept office space with 1,500 square feet of warehouse space. Office amenities include private offices, meeting rooms, a kitchen, and a handicapped-accessible restroom, catering to a variety of business needs. The warehouse area features four overhead doors, facilitating efficient loading and unloading. Currently generating a stable monthly rental income of $3,200 from multiple tenants, this property is ideal for investors seeking a strong return on investment. The combination of office and warehouse space, coupled with its prime location and existing rental income stream, makes this a highly attractive proposition for both first-time commercial investors and those looking to expand their portfolios. The property's size and layout offer flexibility for a range of potential uses, making it a versatile and valuable asset. The asking price is $320,000.
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
I-2 · 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.