About This Home

This land at 1803 E Centre Avenue in Portage, MI is listed for $1,050,000 (7.00 acres).

Key Features

  • 7.00 acre lot
Listing Description

Rare 7-acre development canvas in the heart of Portage with 264 feet of frontage on E Centre Ave. Level, deep site (264' x 1,155') bordered by established apartment and townhome communities on both sides, with mature neighborhoods across the street - proven housing demand on this block.

Zoned one-family residential, offering a by-right path to an infill homesite development of approximately 16 lots, and under Portage's new Unified Development Ordinance duplexes are now permitted (up to 30% of homes) for roughly 24 units. Existing greenhouse/commercial use is legal nonconforming and may continue - hold with income while plans come together - or pursue a multi-family rezone with strong precedent next door.

Assessor land value of $771,400 supports the land play alone. Minutes to the S Westnedge retail corridor, Portage schools, and parks; municipal utilities in the corridor. Buyer to verify zoning, nonconforming-use status, utilities, and all information with the City of Portage.

Location

1803 E Centre Avenue

Portage, MI 49002

Questions & Answers

This 0-bedroom, 0-bathroom land at 1803 E Centre Avenue is listed at $1,050,000. The estimated monthly payment is $5,615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 7.00 acre lot.

This property is listed by Nick B Ailstock.

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Nick B Ailstock

Agent at Zuiderveen, REALTORS LLC

Listed by Zuiderveen, REALTORS LLC · Broker phone: 269-375-6777 · View on Broker Site

MLS# 26046361· Source: Michigan Regional Information Center, LLC.· 59 days on PropertySimple

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1803 E Centre Avenue, Portage, MI 49002

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