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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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6100 Newport Rd , Portage, MI 49002
$1,630,000
Est. Payment: $3,622.22/mo
0 Bed
8 Bath
18880 Sqft
Status: Active | Days on site: 361
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k1597 - k280552
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Jodi K Milks , 269-459-0439 NAI Wisinski of West Michigan , 269-353-0311.

Property Type

Commercial Sale
Lot/Acreage
2.24

Year Built

1978

County

Kalamazoo

Area

Greater Kalamazoo - K

 School District

Portage

Listing ID

25030243

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:8
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Broadband

Exterior Features

Garage Capacity:79
Principal Interest
$3,622
Taxes
$1,850

Home Price

$1,630,000

Loan Details

30 yrs
%

Down Payment

20%
$326,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,622.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,622.22 $1,849.83 $0.00 $5,472.06
Yearly $43,466.67 $22,198.00 $0.00 $65,664.67
Total $1,304,000.00 $665,940.00 $0.00 $1,969,940.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

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Market insight data is pulled from the same city as the listing being viewed (Portage, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.