$1,250,000
Portage, MI 49002
MLS# 24010776
9296 sqft
1 / 45
Property Description
Portage iconic restaurant/supper club opportunity near one of the busiest intersections in Portage with daily traffic count of over 19,000 cars per day. Recently renovated. Perfect for catering, banquet center/ weddings or restaurant/bakery/coffee shop--the space is versatile enough to have more than just one use. Huge kitchen, beautiful bar and multiple separate dining areas. Seating capacity of 299 w/opportunity to expand w/additional improvements. Set on 2.5 acres with over 9200 s.f of space. Full basement with lots of storage/office space. Zoned B-3. Liquor license included. A true gem with a long history waiting for you to write the next chapter!
Details
Maps
Location & Property Info
County: Kalamazoo
Street #: 5830
Street Name: Portage
Suffix: Road
State: MI
Zip Code: 49002
Cross Streets: Portage & Milham
Property Sub-Type: Retail/Commercial
Area: Greater Kalamazoo - K
Municipality: Portage City
Office/Contract Info
Status: Active
Current Price: $1,250,000
List Price: $1,250,000
Auction or For Sale: For Sale
List Price/SqFt: 134.47
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 3.5
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-03-06
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.8
Lot Square Footage: 78408
Lot Dimensions: 264' x 297'
Year Built: 1880
Road Frontage: 264
Year Remodeled: 1979
Total # Units: 1
# Fin Bldg Lvls: 2
Total # Bldgs: 1
Total SqFt: 9296
Total Net SqFt: 9296
Full Baths: 4
Waterfront: No
School District: Portage
Tax Info
Tax ID #: 391000002065O
Taxable Value: 424900
SEV: 424900
For Tax Year: 2024
Annual Property Tax: 30810.9
Tax Year: 2023
Spec Assessment & Type: None Known
Zoning: B-3
Remarks & Misc
Legal: See attached
Directions: Portage road to Beacon Club.
Additional Details
Total Parking Spaces: 185
Ceiling Height: 14
SqFt Information
Rentable Retail SqFt: 9296
Total Bldg Retail Sq: 9296
Total Bldg SqFt (Gro: 9296
Property Features
Property Use: Business; Investment
Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail; Other
Business Includes: Equipment; Licenses; Real Estate; Other
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Below Grade: Basement; Full
Additional Features: Bath Common Area
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas; Telephone
Util Avail at St: Electric; Natural Gas; Telephone
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Chiller System
Driveway: Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Listing Office: O'Brien Real Estate
Listing Agent: Pat O'Brien
Last Updated: March - 06 - 2024
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