4250 Commercial Ave, Portage

Office for Sale
Catylist Listing ID: 30367926
Property Subtypes: Business Park, Mixed Use, Flex Space, Office Building
Building Size (RSF): 32,121 SF
Gross Building Area: See Agent
Gross Land Area: 2.80 Acres
Sale Price: $1,199,250
Unit Price: $37.34 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/5/2019

Overview / Comments

Exceptional flex office building and warehouse at an extraordinary price. This Class A flex office building and warehouse, with new upgrades, makes this the best market value at below market price. This building is being priced to sell quickly for the right user looking for a Class A finish at a discounted price. No better value in this market for a similar building. Located inside a prominent business park next to the Kalamazoo International Airport. The building is suitable for one tenant or dividable for multiple tenants. One existing industrial tenant has provided a steady cash flow for over ten years. Ample on-site parking. Professionally landscaped.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Submarket Type: Airport District
Taxing Authority: City of Portage
Tax ID/APN: 10-06440-007-0
Zoning: I-1
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,731 29,716 115,582
Median Age: 38.47 37.01 35.23
Households: 825 13,088 46,153


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