Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
242 Kent St
Portland, MI 48875
Asking Price
$150K
Cap Rate
8.7%
Asset Type
Traditional Office Office
Class
Class B
What's Special
242 Kent St, Portland, MI 48875 <ul><li>Rare opportunity to find a recently renovated office building with space to grow and frontage on the Grand River</li><li>Fully leased</li><li>1,440 SF between 2 suites</li><li>1,000 SF of walkout space around backside of building</li><li>C-1 (Neighborhood Commercial) zoning</li></ul>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
53.37%
DSCR
8.99
Strong
Cash-on-Cash
158.11%
Monthly Payment
$741.623
Annual Cash Flow
$71,100.519
