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

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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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