$1,000,000
Kalamazoo, MI 49002
MLS# 23013885
Status: Sold
5721 sqft
1 / 11
Property Description
This exceptional retail redevelopment site, previously known as Brewster's Restaurant, boasts a prime location visible from the I-94 overpass, which is located just an 1/8 mile from the highway. Construction is schedule for completion, June 2023. This site has approximately 355' lineal feet of frontage on Portage Rd and 295' lineal feet on Airview Blvd, making it accessible to potential customers. If a user is looking for an existing building, the current building on site is 5,721 SF and offers ample parking. This strategic location provides an unparalleled opportunity for any retail development. The excellent demographics and high traffic counts in the area make this site a great investment opportunity for developers seeking a prime location in which to establish a retail presence.
Details
Maps
Location Property Info
County: Kalamazoo
Street #: 5135
Street Name: Portage
Suffix: Road
State: MI
Zip Code: 49002
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Sold
Current Price: $1,000,000
List Price: $1,500,000
Listing Date: 2023-03-27
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.83
Lot Square Footage: 79584
Lot Dimensions: 355 x Irregular
Year Built: 1964
Road Frontage: 355
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 5721
Full Baths: 2
Waterfront: No
School District: Portage
Tax Info
Tax ID #: 10-02-215-006
Taxable Value: 358490
SEV: 474900
For Tax Year: 2023
Seller's Annual Property Tax: 23298
Tax Year: 2022
Spec Assessment & Type: None known.
Zoning: CC
Remarks Misc
Directions: From I-94, south on Portage Road Exit 78.
Status Change Info
Under Contract Date: 2023-06-12
Sold Date: 2024-09-13
Sold Price: $1,000,000
Sold Price/SqFt: 174.79
Property Features
Uses: Bar/Tavern/Lounge; Restaurant; Retail
Business Includes: Non-Applicable
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Roofing: Composition
Additional Features: Bath Common Area
Sewer: Public Sewer; Septic Tank
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Electricity Available; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Listing Office: Kalamazoo Commercial Real Estate
Listing Agent: Jeff Chrystal
Last Updated: September - 16 - 2024
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