1323 Bridge StPortland, MI 48875

  • Commercial real estate
  • 1,170 SF
For Sale
$94,900 View listing

Property Details for 1323 Bridge St

Year built
1936
Lot size
2.54 AC
Property size (Sq ft)
1,170 SF
Zone code
C2
Property type
Commercial real estate
APN
34-300-110-000-045-00
APU
3430011000004500

Description

This exceptional 1,170 square foot commercial property, located at 1323 E Bridge Street Unit 1323 in Portland, MI, presents a fantastic investment opportunity. Situated on a 0.25-acre lot in a high-traffic area, this space boasts excellent visibility alongside established businesses such as McDonald's, Verizon, Coldwell Banker, and a VFW post, ensuring consistent foot traffic and brand exposure. The property features ample parking in a newer concrete lot, providing convenient access for customers and employees. Inside, the main entryway showcases attractive hardwood flooring. The building benefits from a recently updated HVAC system, with a furnace and central air conditioning installed in December 2020. This property is zoned Commercial C-2, making it ideal for a variety of office or small retail uses. The property is not suitable for residential purposes. This location offers significant potential for future growth and profitability, making it an attractive investment in a thriving commercial district. The property's prime location and modern amenities combine to create a compelling opportunity for a discerning buyer.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $83,778
    Hospitality
    $76,740
    Educational
    $63,847
    Medical
    $66,042
    Retail
    $99,317

Location Insight

City
Portland
County
Ionia
State
Michigan
Latitude
42.8645
Longitude
-84.8905
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$26,400
$21,300
$47,700
-
$52,800
$42,600
$95,400

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