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About This Home

The distinctive feature of this property is its 2.43-acre lot positioned on the southeast corner of Lovers Lane and Centre Street. This commercial site includes three parcels with two existing houses that currently generate $2400 per month in income. The location supports development options such as a plaza or a standalone coffee shop with drive-thru.

The property is located at 1330 E Centre Avenue in Portage, Michigan, where the average home price is $412,857. The parcels measure 2.43 acres total and offer flexibility for commercial redevelopment while still providing rental income from the existing structures.

Agent Description

Prime Portage commercial development site on the SE corner of Lovers Lane & Centre St. Sets up nicely for a Plaza or Stand alone coffee shop with drive-Thru. These 3 parcels totaling 2.5 acres have 2 houses on them generating $2400 a month in income

Key Features

  • 2.43 acre lot

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

1330 E Centre Avenue

Portage, MI 49002

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1330 E Centre Avenue is listed at $475,000. The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.

Key features include: 2.43 acre lot.

This property is listed by Chris P Khoury and can be reached at 2693524648 or ckrealestate1@gmail.com.

CK

Chris P Khoury

Agent at Khoury Real Estate

(269) 352-4648

Listed by Khoury Real Estate · View on Broker Site

MLS# 25061943· Source: listhub· Updated 192 days ago

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1330 E Centre Avenue, Portage, MI 49002

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