5120 Lovers Lane Portage, MI $ 925,000
5120 Lovers Lane
$ 925,000
Share Save

5120 Lovers Lane

Portage, MI, 49002
$ 925,000
Bedrooms-- Baths5.0

Monthly Estimate*

$ 5,771

5120 Lovers Lane, Portage, MI 49002 - Image 1
5120 Lovers Lane, Portage, MI 49002 - Image 2
5120 Lovers Lane, Portage, MI 49002 - Image 3

Commercial Property for sale in Portage, MI

for $925,000 with 5 full baths. This building was built in 1985.

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.

See more

Commercial Active

Price

$ 925,000

Full Bath

5

Property Type

Commercial

Taxes

$ 21,215

Style

Office

Year Built

1985

Town/City

Portage

County/Region

Kalamazoo

MLS | Web ID

25042132

Features
Interior
Interior Amenities Broadband
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 5
See more
General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected
Possession Subject To Tenant Rights
Roof Composition
Construction Materials Wood Siding
Exclusions tenants personal property not included with sale
Year Built 1985
Tenant Pays Electric Gas
Township Portage City
Property Subtype Office
Tax Year 2025
Ownership Private Owned
Gross Income 142017.0
Business Type Professional/Office Professional Service
County Kalamazoo
Net Operating Income 85898.0
Operating Expense 56119.0
Insurance Expense 1255.0
New Construction N
Property Type Commercial Sale
MaintenanceExpense 4835.0
Building Features Barrier Free
Full Baths 5
Status Active
Directions From E Kilgore Rd head South on Lovers Lane to property.
City Portage
High School District Portage
Zoning Description B-2
Number Of Units Total 5
MLS Area Greater Kalamazoo - K
Lot Size Units Square Feet
Lot Size Square Feet 0.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 21215.0
Lease Renewal Y/N N
MLS Area Minor Greater Kalamazoo - K
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2025-08-19
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 336088
Ownership Type LLC
Legal Description Trestlewood office condo unit 11
Senior Community None
See more
Exterior
Total Parking 35.0
Inclusions Non-Applicable
Lot Size Area 0.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 8400.0
Lot Size Acres 0.0
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 5120
See more
* Excluded Features
List By
Berkshire Hathaway Homeservices Mi

Broker

ryanriderrealtor@gmail.com

Email

Affordability Calculator

$7,539
Per Month
77%
23%
0%
Monthly Principal & Interest
$5,771
Monthly Property Taxes
$1,768
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
250164 Elementary School
249180 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2025$925,000 Listed Price

Map


See all

5120 Lovers Lane, Portage, MI, 49002 is a Commercial Property for sale at $925,000. 5120 Lovers Lane has 5.0 baths and was built in 1985. The property's zip code is 49002 which is in Portage, MI