7,734 SF on 1.78 ACRES - Portage, MI

Retail-Commercial for Sale
Catylist Listing ID: 30626405
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 7,734 SF
Gross Building Area: See Agent
Gross Land Area: 1.78 Acres
Sale Price: $1,350,000
Unit Price: $174.55 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

Formally known as Bravo! Restaurant and Cafe, this amazing property, just 1/3 mile south of the I-94/Portage Road Interchange, sits on a major retail corridor across from the Kalamazoo/Battle Creek International airport, at a signalized corner. This property is 1.78 Acres and features a 7,734 SF building, with a 200+ capacity. It also includes a full kitchen, with wood fired pizza oven, all restaurant FF&E (list available upon request), outdoor patio, 100+ parking spaces, and a liquor and brew pub license. The sale does not include the business or personal artwork. The owners will provide limited financial information to qualified parties, upon request.

Parcels (4):
5402 & 5423 Portage Road
2328 & 2406 Helen Avenue

Attachments & Media

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Tax ID/APN: 391002320057O
Zoning: C201
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Excellent
Largest Nearby Street: Portage Rd.
Feet of Frontage: 316
Traffic/Vehicle Count: 18,895
Highway Access: 0.4 miles south of I-94
Airports: Kalamazoo/Battle Creek International Airport
Site Description: This amazing property, just 1/3 mile south of the I-94/Portage Road Interchange, sits on a major retail corridor across from the Kalamazoo/Battle Creek International airport, at a signalized corner. This property is 1.78 Acres and features a 7,734 SF building, with a 200+ capacity.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,734 SF
Property Condition: Excellent
Year Built: 1967
Year Renovated: 1992
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 108
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Lot Frontage: 316
Water Service: Municipal
Sewer Type: Municipal
Legal Description: ETHEL-LANE PLAT LOT 57 & 58 & 59

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,980 53,579 147,295
Median Age: 34.75 36.27 33.96
Households: 1,780 22,621 59,615
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.