$990,000
Portage, MI 49002
MLS# 20024775
Status: Sold
7734 sqft
1 / 25
Property 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
Details
Maps
Location & Property Info
County: Kalamazoo
Street #: 5402
Street Name: Portage
Suffix: Road
State: MI
Zip Code: 49002
Cross Streets: Portage Rd & Helen Ave
Property Sub-Type: Retail/Commercial
Area: Greater Kalamazoo - K
Municipality: Portage City
Office/Contract Info
Status: Sold
Current Price: $990,000
List Price: $1,250,000
Auction or For Sale: For Sale
List Price/SqFt: 161.62
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2020-06-08
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: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
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
Annual Property Tax: 31650.11
Tax Year: 2020
Spec Assessment & Type: N/A
Zoning: B-3
Remarks & Misc
Legal: On file.
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: $990,000
Sold Price/SqFt: 128.01
Additional Details
Total Parking Spaces: 108
Property Features
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; Security System
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Telephone
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 Gyorkos
Last Updated: November - 25 - 2022
The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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.