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5135 5147 Portage Road Kalamazoo, MI $ 1,500,000
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$ 1,500,000 Get more info
5135 5147 Portage Road
$ 1,500,000
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5135 5147 Portage Road

Kalamazoo, MI, 49002
$ 1,500,000
Baths2.0

Monthly Estimate*

$ 9,969

5135 5147 Portage Road, Kalamazoo, MI 49002 - Image 1
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5135 5147 Portage Road, Kalamazoo, MI 49002 - Image 11
Studio

Commercial Property for sale in Kalamazoo, MI

for $1,500,000 with 2 full baths. This building was built in 1964 on a lot size of 1.83.

This exceptional retail redevelopment site, previously known as Brewster's Restaurant, boasts a prime location visible from the I-94 overpass, which is located just an 1/8 mile from the highway. Construction is schedule for completion, June 2023. This site has approximately 355' lineal feet of frontage on Portage Rd and 295' lineal feet on Airview Blvd, making it accessible to potential customers. If a user is looking for an existing building, the current building on site is 5,721 SF and offers ample parking. This strategic location provides an unparalleled opportunity for any retail development. The excellent demographics and high traffic counts in the area make this site a great investment opportunity for developers seeking a prime location in which to establish a retail presence.

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Commercial Pending

Price

$ 1,500,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 23,298

Style

Retail/Commercial

Lot Size

1.83

Year Built

1964

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

23013885
Features
General
Sewer Septic System
Cooling Central Air
Utilities Phone Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Phone Connected Natural Gas Connected Electric Connected
Roof Composition
Construction Materials Vinyl Siding
Year Built 1964
Township Kalamazoo City
Property SubType Retail/Commercial
Tax Year 2023
Business Type Restaurant Bar/Tavern/Lounge Retail
County Kalamazoo
New Construction N
Property Type Commercial Sale
Attached Garage N
Building Features Bath Common Area
Status Pending
Directions From I-94 south on Portage Road Exit 78.
City Kalamazoo
High School District Portage
Zoning Description CC
NumberOfUnitsTotal 1
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 79584.0
Waterfront Y/N N
Street Name Portage
Land Lease Y/N N
Tax Annual Amount 23298.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 77
Standard Status Pending
Tax Assessed Value 358490
Legal Description Two legals on file.
Senior Community None
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Exterior
Parking Features Paved
Water Source Public
Inclusions {u'Non-Applicable': True}
Lot Size Area 1.83
Number of Buildings 1
Spa N
Building Area Total 5721.0
Lot Dimensions 355 x Irregular
Lot Size Acres 1.83
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 1
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 2
Street Suffix Road
Electric On Property Y/N N
Total Baths 2
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Internal Only
Street Number 1 5135
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* Excluded Features
List By
Kalamazoo Commercial Real Estate

Broker

jeff@kalamazoocre.com

Email

Affordability Calculator

$11,911
Per Month
84%
16%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$1,942
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250164 Elementary School
249180 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/3/2023$1,500,000 Listed Price

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5135 5147 Portage Road, Kalamazoo, MI, 49002 is a Commercial Property for sale at $1,500,000 with a lot size of 1.83. 5135 5147 Portage Road is a studio with 2.0 baths and was built in 1964. The property's zip code is 49002 which is in Kalamazoo, MI

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