616 W Centre Ave - Medical FOR SALE


Portage, MI 49024
$1,300,000 USD
269-207-1040
616 W Centre Ave, Portage, MI for Sale
$1,300,000 USD
Medical - FOR SALE
1/3
null | Request Cap Rate

616 W Centre Ave
Portage, MI 49024


HIGHLIGHTS

  • Beautifully appointed, 10,226 SF freestanding, 2-story office building on 4.87 acres in Portage
  • ADA-compliant building with attractive wood siding/ stacked stone exterior, professional landscaping, elevator, security system, generator, and more
  • Main-level with entry/reception area, perimeter offices/conference rooms, open areas w/ workstations, boardroom, breakroom/kitchenette, and more
  • Lower-level with entry/vestibule, training room, open office/lounge area, private offices/conference rooms, breakroom/kitchenette, and more
  • Site offers monument signage, 75± parking spaces, and an approx. 324 SF storage garage
  • Property includes 616 W. Centre Ave. (APN 00016- 695-A - front 0.44 acre) and 600 W. Centre Ave. (APN 00016-695-B - rear 4.43 acres)

OVERVIEW

AVAILABLE FOR SALE – 10,226 SF, 2-story office building on 4.87 acres in Portage. Constructed in 1987 – with 2010 and 2015 renovations – this beautifully appointed, ADA-compliant building features multiple windowed perimeter offices, large, open areas for workstations, a training room, board room, conference rooms, gathering areas, breakrooms/kitchenettes, elevator, two separate entrances, and more. Site amenities include monument signage, a large, open parking field, professional landscaping, and backup generator. Property is conveniently located on Portage’s W. Centre Ave. commercial corridor, less than ¼ mile west of Shaver Rd., and includes 616 W. Centre Ave. (APN 00016-695-A - front 0.44 acre) and 600 W. Centre Ave. (APN 00016-695-B - rear 4.43 acres). Zoned B-1 – Local Business (front) and RM-2 – Multifamily Residential-Medium Density (rear) in the City of Portage. An ideal location for a financial or non-profit user. Sale includes generator – furniture is negotiable. Sale subject to early lease termination with existing tenant in order to deliver free of tenants at closing.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

4.74 AC

LAND SF

206,474 SF

ZONING

B-1

APN/PARCEL ID

10-00016-695-A,10-00016-695-B

ASK ABOUT THIS PROPERTY

Jodi MilksNAI Wisinski of West Michigan - Kalamazoo OfficeMore Info
269-207-1040

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Jodi MilksNAI Wisinski of West Michigan - Kalamazoo OfficeMore Info
269-207-1040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.