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5402 Portage Road, Portage, MI 49002 (MLS# 20024775)


$990,000
5402 Portage Road
Portage, MI 49002
MLS# 20024775
Status: Sold
7734 sqft


5402 Portage Road, Portage, MI 49002
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Property Description
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 & 5426 Portage Road 2328 & 2406 Helen Avenue

Details
Maps
Location Property Info
County: Kalamazoo
Street #: 5402
Street Name: Portage
Suffix: Road
State: MI
Zip Code: 49002
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Sold
Current Price: $990,000
List Price: $1,250,000
Listing Date: 2020-06-08
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.78
Lot Square Footage: 77537
Lot Dimensions: Irregular
Year Built: 1967
Road Frontage: 316
Year Remodeled: 1992
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 7734
Full Baths: 3
Waterfront: No
School District: Portage
Tax Info
Tax ID #: 391002320057O
Taxable Value: 496038
SEV: 631700
For Tax Year: 2021
Seller's Annual Property Tax: 31650.11
Tax Year: 2020
Spec Assessment & Type: N/A
Zoning: B-3
Remarks Misc
Directions: 0.4 miles south of the I-94/Portage Road Interchange on the west side of Portage Road
Status Change Info
Under Contract Date: 2021-08-18
Sold Date: 2022-03-03
Sold Price: $990,000
Sold Price/SqFt: 128.01
Additional Details
Total Parking Spaces: 108
Property Features
SqFt Information: Security System
Uses: Bar/Tavern/Lounge; Restaurant; Retail
Business Includes: Equipment; Furniture; Inventory; Licenses; Real Estate
Construction Type: Block
Exterior Material: Brick
Roofing: Rubber
Below Grade: None
Additional Features: Fire Sprinkler; Outdoor Storage
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced 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: Andrew Gyorkos

Last Updated: November - 25 - 2022

5402 Portage Road, Portage, MI 49002 - MLS# 20024775

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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