$1,630,000
Portage, MI 49002
MLS# 25030243
18880 sqft
1 / 5
Property Description
INVESTMENT PROPERTY FOR SALE: Multi-tenanted medical office building. 18,880 SF two-story medical office building with an additional 9,280 SF basement space for training and storage on 2.241 acres in North Portage. Anchored by long-time tenant Advanced Dermatology, which occupies the entire first floor. The second floor is a mix of medical and office tenants. Zoned OS-1, Office Service in the City of Portage, the building features a passenger elevator accessing all three floors. Well-located just off Westnedge Avenue with easy access to I-94 and the Kalamazoo/Battle Creek International Airport. Offered at an 8.4% cap rate. Rent roll and P&L subject to qualified buyers and NDA.
Details
Maps
Location & Property Info
Cross Streets: Milham Ave & Newport Rd
Property Sub-Type: Office
Area: Greater Kalamazoo - K
Municipality: Portage City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 86.33
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: Approx. 244' x 360' Irregular
Road Frontage: 244
Waterfront: No
Year Remodeled: 2001
Total # Units: 6
Total # Bldgs: 1
# Fin Bldg Lvls: 3
Total SqFt: 18880
School District: Portage
Lot Measurement: Acres
Lot Acres: 2.24
Lot Square Footage: 97574
Year Built: 1978
Full Baths: 8
Tax Info
Taxable Value: 351750
SEV: 576200
For Tax Year: 2024
Seller's Annual Property Tax: 22198
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: None
Zoning: OS-1
Tax ID #: 10-00010-086-O
Remarks & Misc
Public Remarks: INVESTMENT PROPERTY FOR SALE: Multi-tenanted medical office building. 18,880 SF two-story medical office building with an additional 9,280 SF basement space for training and storage on 2.241 acres in North Portage. Anchored by long-time tenant Advanced Dermatology, which occupies the entire first floor. The second floor is a mix of medical and office tenants. Zoned OS-1, Office Service in the City of Portage, the building features a passenger elevator accessing all three floors. Well-located just off Westnedge Avenue with easy access to I-94 and the Kalamazoo/Battle Creek International Airport. Offered at an 8.4% cap rate. Rent roll and P&L subject to qualified buyers and NDA.
Legal: Section 10 Town 3 South Range 11 West Commencing at the North 1/4 post of Section 10; thence West 881.87 feet; thence
Additional Details
Total Parking Spaces: 79
Passenger Elevators: 1
Street Type
Paved: 1
Public: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional Service: 1
Professional/Office: 1
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Brick: 1
Roofing
Other: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Below Grade
Basement: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Other: 1
Business Includes
Non-Applicable: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Driveway
Paved: 1
Docs Req Conf Agrmnt
Financials: 1
Purchase Terms Avail
Cash: 1
Location Property Info
County: Kalamazoo
Street #: 6100
Street Name: Newport
Suffix: Road
State: MI
Zip Code: 49002
Zip (4): 9235
OfficeContract Info
Status: Active
Current Price: $1,630,000
List Price: $1,630,000
Listing Date: 2025-05-14
Remarks Misc
Directions: Newport Road, just south of Milham Ave
Property Features
Uses: Professional Service; Professional/Office; Other
Business Includes: Non-Applicable
Construction Type: Frame/Wood
Exterior Material: Brick
Roofing: Other
Below Grade: Basement
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
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash
Docs at List Office: Other
Docs Req Conf Agrmnt: Financials
Sale Conditions: None
Listing Office: NAI Wisinski of West Michigan
Listing Agent: Jodi K Milks
Last Updated: May - 06 - 2026
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.