7716 S. Westnedge Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30328234
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 4,046 SF
Gross Building Area: See Agent
Gross Land Area: 1.83 Acres
Sale Price: $525,000
Unit Price: $129.76 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/21/2019

Overview / Comments

This 4,000 SF building is fantastically located in central Portage on busy S. Westnedge Avenue. Continue turnkey business as is or convert for other use. High traffic counts, ample parking and almost 2 acres of land all contribute to this ideal purchase. Sale includes real estate, all FF&E, and class C liquor license. Contact agents for details.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $12,600 (Annual)
Tax Value Improvements $207,678
Assessed Value - Total($) $241,100 (Annual)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Portage
Tax ID/APN: 391000016595A
Zoning: B-3
Retail Clientele: General, Family, Recreation
Property Visibility: Excellent
Traffic/Vehicle Count: 25,439
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1988
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Adequate
Sprinklers: None
Heat Type: Natural Gas
Internet Access: Cable
Lot Frontage: 313
Lot Depth: 255
Water Service: Municipal
Sewer Type: Municipal
Legal Description: On file.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,087 47,344 104,598
Median Age: 38.38 38.3 37.02
Households: 1,690 19,723 43,505

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