5220 Lovers LnPortage, MI 49002

Property Details for 5220 Lovers Ln

Year built

1986

Lot size

4.02 AC

Property size (Sq ft)

22,122 SF

Zone code

B-2

Property type

Commercial real estate

APN

10-00003-045-B

APU

1000003045B

Description

This three-story, 30,579-square-foot Class B office building in Portage, Michigan, offers flexible spaces ranging from 572 to 2,345 square feet, ideal for executive, medical, or creative office uses. Located at 5220 Lovers Lane, near E Kilgore Rd, it boasts a prime location less than 10 minutes from downtown Kalamazoo, providing easy access to both urban amenities and suburban tranquility. The building features a single-story glass atrium lobby, one passenger elevator, 428 parking spaces, and on-site FedEx and UPS drop boxes. Amenities include efficient floorplates, light-filled offices, redundant fiber optics, access control, operable windows, zoned HVAC systems, and customizable interiors. The property sits on 4.02 acres (155,850 sq ft) and benefits from a park-like setting with walking trails, making it an attractive option for businesses seeking a collaborative and productive work environment. The building's design encourages collaboration and productivity, with features such as a central core facilitating space planning and socially distanced furniture layouts. The property is zoned B-2 - Community Business and has a Kalamazoo County APN of 00003-045-B. The building's exterior is a combination of glass, brick masonry, and vinyl with architectural accents. Its proximity to major employers like Pfizer and Stryker, along with convenient access to I-94 and US-131, makes it an excellent choice for businesses seeking a strategic location in a growing area. The area offers a strong workforce, with 56.4% of Portage residents holding college degrees, and a projected population growth of over 2.8% within a 5-mile radius over the next five years. Signage opportunities are available. Taxes are $1.26 per square foot. The building was constructed in 1986 and has an 8-foot ceiling height. Consumers Energy provides power.

• Alternative Use

  Use

  Valuation

  Residential

  $4,762,433

  Hospitality

  $4,362,363

  Educational

  $3,629,435

  Medical

  $3,754,257

  Retail

  $5,645,788

Location Insight

City

Portage

County

Kalamazoo

State

Michigan

Latitude

42.2425

Longitude

-85.5767

CBSA code

28020

CBSA name

KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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