5136 Lovers LnPortage, MI 49002

  • Other commercial real estate
  • 19,188 SF
For Lease
$15.50/SF/YR View listing

Property Details for 5136 Lovers Ln

Year built
1987
Lot size
0.77 AC
Property size (Sq ft)
19,188 SF
Zone code
B-2
Property type
Other commercial real estate
APN
10-00003-046-O
APU
1000003046O

Description

This exceptional Class B medical office building, constructed in 1989, presents a fantastic opportunity for medical professionals seeking a high-visibility location. Situated at the entrance to the prestigious Trestlewood/Trestlebridge Office Park on Lovers Lane, this property boasts prominent signage opportunities for enhanced brand recognition. The available space, totaling 2,784 square feet, is conveniently located on the first floor at the main entrance, ensuring easy accessibility for patients and staff. The efficient layout includes private offices, a conference room, a bullpen area, a reception area, a copy room, and a break room, catering to diverse operational needs. The building is a single, two-story structure, zoned B-2, and features a total of one building on the property (APN: 00003-046-O). Its strategic location offers convenient access to major thoroughfares including I-94, Westnedge Road, and Portage Road, ensuring seamless commutes for employees and clients. Furthermore, the office park provides access to the Portage Creek Bicentennial Linear Park, offering a pleasant amenity for employees. This is a multi-tenant building with a minimum divisible space of 2,784 square feet. The property is ideal for a variety of medical practices seeking a well-appointed and highly visible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,130,800
    Hospitality
    $3,783,791
    Educational
    $3,148,070
    Medical
    $3,256,337
    Retail
    $4,896,998
5136 Lovers Ln, Portage, Michigan

Location Insight

City
Portage
County
Kalamazoo
State
Michigan
Latitude
42.2422
Longitude
-85.5755
CBSA code
28020
CBSA name
KALAMAZOO-PORTAGE, 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
2019
$45,826
-
-
$822,100
-
-
-
$1,644,200

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