Broker AssociateD. [email protected]
HARRY BELL
3103 & 3121 PORTAGE STREETK A L A M A Z O O , M I 4 9 0 0 1
E X C L U S I V E L A N D I N V E S T M E N T O P P O R T U N I T Y
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HARRY BELL
PROPERTY OVERVIEWPrime retail site available in the core retail trade area of Kalamazoo. The 1.18 acre site is located at the signaledintersection of Portage Rd and Cork St. The site is ideally located with over 228 feet of frontage on one of thebusiest roads in Kalamazoo and exposure to over 31,787 vehicles per day. The parcel has excellent visibility andaccess off one of the main arterials and is in close proximity to the airport and the interstate. The property isthe ideal site for a multi-tenant retail pad, freestanding retail building, fast food restaurant, pharmacy, bank,gas station, or a variety of retail uses. There are currently two buildings on the front parcels which are zonedcommercial and there are two houses on the back parcels which are zoned residential. All utilities are currentlyavailable at the site. The owner has previously been in discussions with the city on having the back two parcelschanged to commercial zoning and it was perceived well by the city, subject to site plan and city approval.
The site is ideally located within the community and is within a mile from the airport and I-94. The property iswithin close proximity to several national retailers and restaurants which include SkyZone, Meijer, Lowe's,Earth Fare, TJ Maxx, Tuesday Morning, Petco, Five Below, Hobby Lobby, Aldi, Dick's Sporting Goods, JoAnnFabrics, Chili's, O'Reilly, AutoZone, Bravo! Restaurant, McDonald's, Biggby Coffee, Taco Bell, Subway, JimmyJohn's, Qdoba, Dairy Queen, several national hotel chains, and many others.
PROPERTY HIGHLIGHTS• Located on the high trafficked Portage Rd and Cork Street
• Ideally located with 228 feet of frontage on Portage Rd and close access to I-94
• Excellent visibility and easy access with traffic counts in excess of 31,787 vehicles per day
• Ideal site for a retail pad, restaurant, pharmacy, bank, gas station, auto shop, or other retail user
• Owner will consider selling the parcels or a ground lease
• Owner contiguous to the site on the corner is willing to sell, the combined acreage would give the user 1.47+/-
acres
PROPERTY SUMMARY
Property Type: Retail , Office, Special Use,Residential Investment Property
Lot Size: 1.18+/- Acres
Zoning: CN-1 & RS-5
Cross Streets: Portage Rd & Cork Street
Traffic Count: 31,787
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
P R I M E R E T A I L S I T E F O R S A L E O R L E A S E
F O R S A L E
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HARRY BELL
3121 Portage Rd Front View off Portage
3121 Portage Rd View off Pasadena Entrance Property view at corner of Portage & Cork
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
P R O P E R T Y P H O T O S
F O R S A L E
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BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]
HARRY BELL
3103 Portage St - View of parking lot and back of building facing Reycraft 3103 Portage St - View off of Portage Rd
1126 & 1132 Reycraft Drive Residential Properties
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
F O R S A L E
• 5 •MORE INFORMATION AVAILABLE
BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]
HARRY BELL
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
A E R I A L P L A T M A P
F O R S A L E
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BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]
HARRY BELL
SALE PRICE SUBJECT TO OFFER;ASKING PRICE $800,000
LEASE RATE NEGOTIABLE; GROUND LEASE OR BTS
LOCATION INFORMATION
Street Address3103 & 3121 Portage Street
1126 & 1132 Reycraft Drive
City, State, Zip Kalamazoo, MI 49001
County Kalamazoo
BUILDING INFORMATION
Free Standing Yes
Total Buildings: 4
PROPERTY INFORMATION
APN #'S 06-26-368-031, 06-26-374-002,
06-26-369-028, 06-26-369-029
Lot Frontage 228 ft
Traffic Count 31787
UTILITIES & AMENITIES
Central HVAC Yes
PROPERTY INFORMATION:
3121Portage
Formerly the Stanley Steemer carpet cleaning office prior to the businessrelocating to a new location in July 2019. The building has 3,263 SF of
Garage/service/Fleet Service, 1,483 SF of office and residential livingspace, 2 bathrooms, and a backyard space. The facility could be concerted
to another warehouse/commercial office space with a studio apartmentattached or a similar use. Ample parking in front of the building for
customers and behind the property for employees. Zoned Commercial
3103PortageSt
The 3103 Portage St property sits on the corner of Reycraft and Portagewith excellent visibility to the highly trafficked Portage Rd. The property is
beautifully landscaped and is the ideal office building location with theoption to have a portion as a residential living space or studio. The
building is +/- 1,608 SF and sits on .3 acres with 3 bedrooms, 2 baths, andample employee parking on the backside of the property. Zoned
Commercial.
1126ReycraftDriv
1126 Reycraft Drive is a residential rental property that sit on the backsideof the properties. The properties would be excellent residential rental
properties for passive income.
1132ReycraftDrive
1132 Reycraft Drive e backside of the properties. The properties would be e
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
P R O P E R T Y D E T A I L S
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• 7 •MORE INFORMATION AVAILABLE
BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]
HARRY BELL
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
R E T A I L E R M A P
F O R S A L E
• 8 •MORE INFORMATION AVAILABLE
BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]
HARRY BELL
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
L O C A T I O N M A P S
F O R S A L E
• 9 •MORE INFORMATION AVAILABLE
BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]
HARRY BELL
* Demographic data derived from 2010 US Census
1 Mile 3 Miles 5 Miles
Total Population 8,332 61,316 151,465Population Density 2,652 2,169 1,929Median Age 31.5 32.0 32.0Median Age (Male) 31.2 30.4 30.5Median Age (Female) 31.9 33.7 33.6Total Households 3,333 25,210 60,396# of Persons Per HH 2.5 2.4 2.5Average HH Income $41,513 $47,871 $50,570Average House Value $94,303 $112,448 $133,646
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
D E M O G R A P H I C S M A P
F O R S A L E
• 10 •MORE INFORMATION AVAILABLE
BHHSPENFED.COMBroker AssociateD. 850.240.0527harry.bel [email protected]
HARRY BELL
3103 & 3121 PORTAGE STREETKALAMAZOO, MI 49001
D E M O G R A P H I C S R E P O R T
F O R S A L E
1 MILE 3 MILES 5 MILES
Total population - Hispanic 932 / 11.2% 4,534 / 7.4% 8,356 / 5.5%
1 MILE 3 MILES 5 MILES
Total households 3,333 25,210 60,396
Total persons per hh 2.5 2.4 2.5
Average hh income $41,513 $47,871 $50,570
Average house value $94,303 $112,448 $133,646
1 MILE 3 MILES 5 MILES
Total population - White / % White 5,916 / 71.0% 45,846 / 74.8% 114,096 / 75.3%
Total population - Black / % Black 1,806 / 21.7% 11,321 / 18.5% 26,642 / 17.6%
Total population - Asian / % Asian 116 / 1.4% 1,084 / 1.8% 3,405 / 2.2%
Total population - Hawaiian / % Hawaiian 0 / 0.0% 0 / 0.0% 28 / 0.0%
Total population - Indian / % Indian 5 / 0.1% 459 / 0.7% 838 / 0.6%
Total population - Other / % Other 159 / 1.9% 647 / 1.1% 2,303 / 1.5%
1 MILE 3 MILES 5 MILES
Total population 8,332 61,316 151,465
Median age 31.5 32.0 32.0
Median age (male) 31.2 30.4 30.5
Median age (female) 31.9 33.7 33.6
* Demographic data derived from 2010 US Census
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