600 W Milham Avenue

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600 W Milham Avenue

Portage, MI 49024
Asking Price
$350K
Asset Type
Office
Class
Class B

What's Special

600 W Milham Avenue is situated in the heart of Portage, Michigan, a primary commercial corridor characterized by a mix of professional services and retail centers. The property offers direct proximity to the Westnedge Avenue retail district, providing tenants with numerous dining, banking, and shopping amenities within a one-mile radius. Access to the regional transportation network is efficient, with the site located less than two miles from the I-94 interchange, connecting the bypass to major hubs like Kalamazoo, Chicago, and Detroit. The facility is well-suited for traditional corporate administrative functions, regional satellite offices, or professional service firms such as legal, accounting, and insurance practices. Given the surrounding demographic and the nearby healthcare infrastructure, the location is also a viable option for medical office use or outpatient services. Typical tenants would include established local businesses or national entities seeking a central, high-visibility location with convenient parking and accessibility for both employees and clients.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

Location & Travel Times