1803 E. Centre Avenue

Vacant Land for Sale
Catylist Listing ID: 30724103
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 7 Acres
Sale Price: $460,000
Unit Price: $65,714 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2021

Overview / Comments

7+ acres of vacant land positioned perfectly for expansion of neighboring Multi-Family High Density Residential. Property is currently zoned R 1-B Single Family and for years has been a greenhouse operation with a decent pole barn and an outdoor loading dock. Pole Barn has sliding doors, concrete floors, small heated office area, bathroom, and ample power.

Price recently reduced for an active developer or passive investor looking for great land in the path of growth.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: City of Portage
Tax ID/APN: 10-00014-025-O
Zoning: R1-B
Property Located Between: Newells Ln & Oakside St
Legal Description: On file
Feet of Frontage: 264
Lot Frontage: 264
Lot Depth: 1155

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,898 39,258 89,086
Median Age: 44.49 38.87 37.88
Households: 1,670 16,601 37,660
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