5402 Portage Road, Portage, MI 49002

$990,000
Property Type: Commercial Sale Square Footage: 7,734 Lot Size (sq. ft.): 77,537 Status: Sold
Current Price: $990,000 List Date: 1/23/2021 Last Modified: 11/25/2022

Overview

Description

Formally known as Bravo! Restaurant and Cafe, this amazing property, just 1/3 mile south of the I-94/Portage Road Interchange, sits on a major retail corridor across from the Kalamazoo/Battle Creek International airport, at a signalized corner. This property is 1.78 Acres and features a 7,734 SF building, with a 200+ capacity. It also includes a full kitchen, with wood fired pizza oven, all restaurant FF&E (list available upon request), outdoor patio, 100+ parking spaces, and a liquor and brew pub license. The sale does not include the business or personal artwork. The owners will provide limited financial information to qualified parties, upon request.Parcels (4): 5402 & 5426 Portage Road 2328 & 2406 Helen Avenue

Listing Details MLS# 20024775

Location Property Info

County
Kalamazoo
Street #
5402
Street Name
Portage
Suffix
Road
State
MI
Zip Code
49002

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
1.78
Lot Square Footage
77537
Lot Dimensions
Irregular
Year Built
1967
Road Frontage
316
Year Remodeled
1992
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
Yes
Total SqFt
7734
Full Baths
3
Waterfront
No
School District
Portage

Tax Info

Tax ID #
391002320057O
Taxable Value
496038
SEV
631700
For Tax Year
2021
Seller's Annual Property Tax
31650.11
Tax Year
2020
Spec Assessment & Type
N/A
Zoning
B-3
Homestead %
0

Remarks Misc

Directions
0.4 miles south of the I-94/Portage Road Interchange on the west side of Portage Road

Status Change Info

Under Contract Date
2021-08-18
Sold Date
2022-03-03
Sold Price/SqFt
128.01

More Information

Additional Details

Total Parking Spaces
108

Location & Property Info

Cross Streets
Portage Rd & Helen Ave
Property Sub-Type
Retail
Area
Greater Kalamazoo - K
Municipality
Portage City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
161.62
Prop Avail for Lease?
No

Remarks & Misc

Legal
On file.

Street Type

Paved
Yes
Public
Yes

SqFt Information

Security System
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Bar/Tavern/Lounge
Yes
Restaurant
Yes
Retail
Yes

Construction Type

Block
Yes

Exterior Material

Brick
Yes

Roofing

Rubber
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes

Business Includes

Equipment
Yes
Furniture
Yes
Inventory
Yes
Licenses
Yes
Real Estate
Yes

Additional Features

Fire Sprinkler
Yes
Outdoor Storage
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes

Driveway

Paved
Yes

Send to Econ Dev Org

MEDC
Yes
SWMI First, Region 5
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Property Features

SqFt Information: Security System Uses: Bar/Tavern/Lounge; Restaurant; Retail Business Includes: Equipment; Furniture; Inventory; Licenses; Real Estate Construction Type: Block Exterior Material: Brick Roofing: Rubber Below Grade: None Additional Features: Fire Sprinkler; Outdoor Storage Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5
Listing Office: Kalamazoo Commercial Real Estate
Listing Agent: Andrew J Gyorkos
IDX
Source MLS Verified
Last Updated: November - 25 - 2022
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.