Professional Office Building
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30851503 |
| Property Subtypes: |
Office Building
|
| Status: |
Pending |
| Building Size (RSF): |
20,448 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2.99 SF
|
| Sale Price: |
$2,200,000 |
| Unit Price: |
$107.59 PSF |
| Ceiling: |
12 ft. |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/18/2023 |
Overview / Comments
|
This property has been home to Kreis, Enderle Law since 1992 and is a very nicely appointed two-story professional building, located at the signaled entrance of Woodbridge Hills, a 450-acre mixed use golf community with retail, office, single-family homes and multiple-unit condominiums.
|
Additional Details
| Nearest MSA: |
Kalamazoo-Portage |
| County: |
Kalamazoo |
| Taxing Authority: |
City Of Portage |
| Tax ID/APN: |
00019-005-O |
| Property Located Between: |
Moorsbridge Rd. and Cooley Dr. |
| Property Visibility: |
Excellent |
| Highway Access: |
This property is approximately 1.7 miles east of US-131 |
| Airports: |
Approximately 6.5 miles south of Kalamazoo/Battle Creek International Airport |
| Site Description: |
This 2-story multi-tenant office building is located at a hard corner of Centre Ave. and Moorsbridge Rd. in the city Portage. The upper level has cathedral ceilings and has executive suite layout with beautiful lobby and stairway entrance. The grounds are professionally landscaped, attractively constructed and has excellent signage. This property is less than 1 mile from US-131.
|
| Area Description: |
Because this building is on the corner, it has high visibility directly on Centre Ave and lies in the heart of Portage's growth area, and near the well established Woodbridge community. Located on this major commuter corridor, this property high profile exposure.
|
| Total Number of Buildings: |
3 |
| Number of Stories: |
2 |
| Year Built: |
1989 |
| Roof Type: |
Hip |
| Construction/Siding: |
Wood Frame |
| Exterior Description: |
Concrete foundation, wood frame, brick and wood exterior |
| Parking Type: |
Surface |
| Parking Description: |
Paved |
| Total Parking Spaces: |
71 |
| Passenger Elevators: |
1 |
| Sprinklers: |
Wet |
| Heat Type: |
Natural Gas, Geothermal |
| Heat Source: |
Central, Heat Pump |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable, Fiber Optic |
| Interior Description: |
See attached floor plan. |
| Zoning Description: |
PD |
| Lot Frontage: |
554 ft |
| Lot Depth: |
235 ft |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Ingress/Egress |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,482 |
40,669 |
90,192 |
| Median Age: |
40.37 |
38.07 |
38.2 |
| Households: |
2,022 |
16,478 |
37,841 |
|
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The information presented herein is provided as is, without warranty of any kind.
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