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4311 Commercial Ave

12,604 SF Industrial Building Portage, MI 49002 £831,947 (£66/SF)

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Executive Summary

Tenant to remain . Lease expires 11/1/2027 with 2 five-year renewal options.
Great industrial building with office and retail space. Heavy power, 3 overhead doors.

Property Facts

Price	£831,947	Number of Floors	1
Price Per SF	£66	Year Built	1989
Sale Type	Investment	Tenancy	Single
Property Type	Industrial	Parking Ratio	2.38/1,000 SF
Property Subtype	Manufacturing	Clear Ceiling Height	14 ft
Building Class	B	Level Access Doors	3
Lot Size	2.12 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	12,604 SF

Price	£831,947
Price Per SF	£66
Sale Type	Investment
Property Type	Industrial
Property Subtype	Manufacturing
Building Class	B
Lot Size	2.12 AC
Rentable Building Area	12,604 SF
Number of Floors	1
Year Built	1989
Tenancy	Single
Parking Ratio	2.38/1,000 SF
Clear Ceiling Height	14 ft
Level Access Doors	3
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Floor Drains

Water - City
Sewer - City

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PROPERTY TAXES

Parcel Number	10-06440-004-O	Improvements Assessment	£0
Land Assessment	£0	Total Assessment	£237,541

PROPERTY TAXES

Parcel Number

10-06440-004-O

Land Assessment

£0

Improvements Assessment

£0

Total Assessment

£237,541

zoning

Zoning Code	M-1,Lt. Indust
M-1,Lt. Indust

Listing ID: 30496544
Date on Market: 02/01/2024
Last Updated:
Address: 4311 Commercial Ave, Portage, MI 49002

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4311 Commercial Ave, Portage, MI for sale Primary Photo- Image 1 of 9 — Primary Photo

4311 Commercial Ave, Portage, MI for sale Building Photo- Image 2 of 9 — Building Photo

4311 Commercial Ave, Portage, MI for sale Interior Photo- Image 3 of 9 — p7

4311 Commercial Ave, Portage, MI for sale Interior Photo- Image 4 of 9 — p10

4311 Commercial Ave, Portage, MI for sale Interior Photo- Image 5 of 9 — p14

4311 Commercial Ave, Portage, MI for sale Interior Photo- Image 6 of 9 — p15

4311 Commercial Ave, Portage, MI for sale Interior Photo- Image 7 of 9 — pic 18

4311 Commercial Ave, Portage, MI for sale Building Photo- Image 8 of 9 — Building layout

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