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$ 1,630,000
Est. payment | /mo
18,880 SqFt
$ 1,630,000
Est. payment | /mo
18,880 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 18,880 sqft
Price per Sqft $86
Subdivision Mi
MLS Listing ID 70476900
Year Built 1978
Annual Tax Amount $22,198
Tax Year 2024
Lot Size 2.240 Acres
Acres 2.24
Lot Dimensions Approx. 244' x 360' Irreg
Property Sub-Type Commercial/Industrial
Property Description
INVESTMENT PROPERTY FOR SALE: Multi-tenanted medical office building. 18,880 SF two-story medical office building with an additional 9,280 SF basement space for training and storage on 2.241 acres in North Portage. Anchored by long-time tenant Advanced Dermatology, which occupies the entire first floor. The second floor is a mix of medical and office tenants. Zoned OS-1, Office Service in the City of Portage, the building features a passenger elevator accessing all three floors. Well-located just off Westnedge Avenue with easy access to I-94 and the Kalamazoo/Battle Creek International Airport. Offered at an 8.4% cap rate. Rent roll and P&L subject to qualified buyers and NDA.
Location
State MI
County Kalamazoo
Area Portage (39016)
Interior
Heating Forced Air
Exterior
Parking Features 21+ Spaces
Roof Type Other-See Remarks
Building
Foundation Basement
Structure Type Brick,Frame,Wood
Others
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by NAI Wisinski of West Michigan
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