Price Reduction
Address
5830 Portage Road, Portage, MI
Price
$ 1,195,000
Property Attributes
- MLS#24010776
- TypeCommercial
- CountyKALAMAZOO
- CityPortage
- AreaPortage City
- NeighborhoodPortage City
- Zip49002
- StyleRetail/Commercial
- Year Built1880
- Taxes$ 30810
- Price$ 1,195,000
- Bedrooms0
- Full Bathrooms4
- Half Bathrooms0
- Lot Size1.8 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Portage iconic restaurant/supper club opportunity near one of the busiest intersections in Portage with daily traffic count of over 19,000 cars per day. Recently renovated. Great potential for Hotel, B &B w/additional room to build condos/apartments or mixed use. Also perfect for catering, banquet center/ weddings or restaurant/bakery/coffee shop--the space is versatile enough to have more than just one use. Huge kitchen, beautiful bar and multiple separate dining areas. Seating capacity of 299 w/opportunity to expand. Over 9200 s.f of space set on 2.5 acres plus additional land available for long term lease. Full basement with lots of storage/office space. Zoned B-3. Liquor license included. A true gem with a long history waiting for you to write the next chapter!
| Price History | |
|---|---|
| 3/6/2024 | Listed $1,250,000 |
| 5/10/2024 | 5% - $1,195,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Chiller System |
| Utilities | Phone Available,Natural Gas Available,Electric Available,Phone Connected,Natural Gas Connected,Electric Connected |
| Construction Materials | Vinyl Siding |
| Year Built | 1880 |
| Township | Portage City |
| Property SubType | Retail/Commercial |
| Tax Year | 2024 |
| Business Type | Other,Professional/Office,Professional Service,Restaurant,Bar/Tavern/Lounge,Retail |
| County | Kalamazoo |
| New Construction | No |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Building Features | Bath Common Area |
| Status | Active |
| Directions | Portage road to Beacon Club. |
| City | Portage |
| High School District | Portage |
| Zoning Description | B-3 |
| Total Units | 1 |
| MLS Area | Greater Kalamazoo - K |
| Lot Size Square Feet | 78408.0 |
| Waterfront Y/N | No |
| Street Name | Portage |
| Land Lease Y/N | No |
| Tax Annual Amount | 30810.9 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Greater Kalamazoo - K |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 75 |
| Standard Status | Active |
| Tax Assessed Value | 424900 |
| MobileHomeRemainsYN | No |
| Legal Description | See attached |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Total Fireplaces | 1 |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Full Baths | 4 |
| Street Suffix | Road |
| Electric On Property Y/N | No |
| Total Baths | 4 |
Exterior Features
| Parking Features | Paved |
|---|---|
| Water Source | Public |
| Total Parking | 185.0 |
| Inclusions | {u'Licenses': True,u'Equipment': True,u'Real Estate': True} |
| Lot Size Area | 1.8 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 9296.0 |
| Lot Dimensions | 264' x 297' |
| Lot Size Acres | 1.8 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49002
Price
Taxes
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 22, 2024 4:43 PM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
