8324/8328 Portage Road

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8324/8328 Portage Road

Portage, MI 49002
Asking Price
$350K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront property offered for sale in Portage, Michigan.
  • The building features 5,349 square feet of total commercial space.
  • Strategic location within an established retail corridor on Portage Road.
  • Priced at $349,900 for investors or active business owner-operators.
  • Well-suited for service providers or local retail business ventures.

What's Special

This retail storefront property is currently available for purchase in Portage, Michigan. Spanning 5,349 square feet, the building provides a functional footprint suitable for a variety of business operations, including local retail shops or service-based enterprises. Investors and business owners will find this asset well-positioned within a growing suburban market in the Kalamazoo metro area, a region known for its diversified economic base and accessible transportation corridors. The layout offers flexibility for an owner-user or an investor looking to capitalize on the steady local demand for commercial space. Its location on Portage Road provides visibility and connectivity for customers navigating the area. Prospective buyers can leverage this site to establish a stable presence in a community supported by a robust mix of residential density and established retail infrastructure. The property presents a practical addition to a commercial portfolio or an ideal location for a growing business enterprise seeking a dedicated storefront space.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.42%
Monthly Payment
$1,731.114
Annual Cash Flow
$59,226.629

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