Portage Centre Ave Commercial Property

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29570484
Property Subtypes: Office
Status: Pending
Gross Land Area: 4.58 Acres
Sale Price: $310,000
Unit Price: $67,685 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2018

Overview / Comments

Great Location for 4.58 acres in Portage. Current zoning is Residential. Highest and best use OS-1. House on property currently rented month to month. Adjacent 2.42 acres may be available thus providing a total 7 acres for development. Land is level. Dimensions 155 road, 1287 depth. A great potential use would be independent housing or apartment complex for seniors. Lots of amenities are available for that age group to include Portage Senior Center and the public library.


Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Tax ID/APN: 39100001558O
Zoning: RM-1
Market Type: Medium
Property Located Between: Lovers Lane and Portage Road
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Legal Description: On file at Broker's Office
Largest Nearby Street: Westnedge Ave.
Feet of Frontage: 155
Traffic/Vehicle Count: 22,000
Transportation: Bus, Rail, Highway, Airport
Highway Access: I94 East and West to Chicago or Detroit
Airports: Kalamazoo/Battle Creek international Airport
Site Description: Property on a busy street. The land has a home on it that can easily removed. Land is flat and has easy access.
Area Description: This property in Portage, MI and has been targeted by the City to rezoned for office purposes.
Lot Frontage: 155
Lot Depth: 1287
Zoning Description: Currently RM-1 residential but to eventually rezoned to OS-1
Topography: Level
Soil Type: Loam
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,898 39,258 89,086
Median Age: 44.49 38.87 37.88
Households: 1,670 16,601 37,660
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