Listing provided courtesy of Berkshire Hathaway HomeServices MI- MLS# 26000359MLS Provider

5120 Lovers LanePortage, MI 49002

Commercial · 5 Full Baths · 8,400 Sq. ft.
$899,900 Active

5120 Lovers Lane Overview

Time on Site:
176 days
Visits:
1

Outstanding investment opportunity in North Portage. This fully leased property comprised of five separate condo units has a good mixture of tenants providing a steady stream of income. Tenants are two dentist offices, accountant, counseling and massage. Building is in quiet, wooded location overlooking a creek and trail. Great addition to an investment portfolio or possible future owner occupant.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

5120 Lovers Lane Facts & Features

  • Type Commercial
  • Sq. ft. 8,400
  • Price/Sq.ft. $107

Details

General

Building Information

  • New Construction: No
  • Year Built: 1985

Location/Region

  • County Or Parish: Kalamazoo
  • MLS Area Major: Greater Kalamazoo - K
  • MLS Area Minor: Greater Kalamazoo - K

Rent/Lease Information

  • Tenant Pays: Electric,Gas

Tax Information

  • Tax Annual Amount: 21215.0

General Information

  • Parcel Number: 3900003049C
  • Property Sub Type: Office
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Total: 5

Building Interior

  • Building Area Total: 8400.0

General Information

  • Building Features: Barrier Free
  • Foundation Details: Slab
  • Interior Features: Broadband
  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Dimensions: 0 x 0
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 5
  • Utilities: Natural Gas Connected

5120 Lovers Lane Neighborhood

Community

49002 (Portage) Demographics

37
Median Age
1,009
Population Density (per sq. mile)
49%
College Educated
$63,177
Estimated Median Income
5,860
Estimated Total Home Owners
2,499
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5120 Lovers Lane Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5120 Lovers Lane Market Data

Based on the last 30 days in this zip code

$403,809
Average List Price
$199
Average Price per Square Foot
26
Properties Sold
42
Average Days on Market
141
Properties for Sale
Calculations provided by Reliance Network