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: 11/22/2017

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.

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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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