Portage, MI Commercial Real Estate for Lease and Sale

Explore 43 listings of Portage commercial real estate for lease and for sale to find the best space for your business.

5136 Lovers Lane

5136 Lovers Ln, Portage, MI
Property

Office

19,188 SF
Availability

1 Space

2,784 SF
Year Built

1989
For Lease

$15.50/SF/YR
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Lake Effect - Operating Adult-Use/Medical Provisioning Center

8314 Portage Road, Portage, MI
Property

Retail

3,912 SF
Year Built

1955
For Sale

$999,888
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1300 W Centre Ave

1300 W Centre Ave, Portage, MI
Property

Office

16,200 SF
Availability

1 Space

1,284 SF
Year Built

1997
For Lease

$17.50/SF/YR
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1400 W Milham Ave

1400 W Milham Ave, Portage, MI
Property

Office

5,000 SF
Availability

1 Space

88 SF
Year Built

1990
For Lease

$325.00/MO
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4311 Commercial Ave

4311 Commercial Ave, Portage, MI
Property

Industrial

12,604 SF
Year Built

1989
For Sale

$1,050,000
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827 E Centre Avenue

827 E Centre Avenue, Portage, MI
Property

Office

11,100 SF
Availability

7 Spaces

32,300 SF
Year Built

2019
For Lease

$22.00 - $23.00/SF/YR
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9151 Shaver Rd

9151 Shaver Rd, Portage, MI
Property

Industrial

62,395 SF
Availability

1 Space

22,000 SF
Year Built

1972
For Lease

$5.50/SF/YR
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9230 Shaver Road

9230 Shaver Road, Portage, MI
Property

VacantLand

1.31 Acre
For Sale

$199,000
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600 West Milham Avenue

600 West Milham Avenue, Portage, MI
Property

VacantLand

9,000 SF
Availability

2 Spaces

9,000 SF
For Lease

$1.00/SF/YR
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6710 Portage Road

6710 Portage Road, Portage, MI
Property

VacantLand

1.59 Acre
For Sale

$99,000
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7021 South Westnedge Avenue

7021 South Westnedge Avenue, Portage, MI
Property

Retail

140,449 SF
Availability

1 Space

4,600 SF
Year Built

2005
For Lease

$12.00/SF/YR
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6500 Lovers Lane

6500 Lovers Lane, Portage, MI
Property

VacantLand

6 Acre
For Sale

$249,000
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8125 Valleywood Lane

8125 Valleywood Lane, Portage, MI
Property

Office

2,960 SF
Availability

1 Space

1,500 SF
For Lease

$12.95/SF/YR
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8048 Shaver Road

8048 Shaver Road, Portage, MI
Property

Retail

3,473 SF
For Sale

$384,000
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7441 S Westnedge Ave

7441 S Westnedge Ave, Portage, MI
Property

Retail

12,000 SF
Availability

1 Space

2,500 SF
For Lease

$8.95/SF/YR
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6929 S Westnedge

6929 S Westnedge, Portage, MI
Property

Retail

12,460 SF
Availability

1 Space

4,470 SF
For Lease

$19.00/SF/YR
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The Shoppes at Romence Village

501 Romence Road, Portage, MI
Property

Retail

62,156 SF
Availability

3 Spaces

12,354 SF
Year Built

2002
For Lease

$9.00 - $18.00/SF/YR
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5148 Sprinkle Road

5148 Sprinkle Road, Portage, MI
Property

Industrial

2,975 SF
Availability

1 Space

2,975 SF
For Lease

$9.50/SF/YR
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524 W Centre Ave

524 W Centre Ave, Portage, MI
Property

Office

3,735 SF
For Sale

$325,000
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510-524 East Milham Avenue

524 East Milham Avenue, Portage, MI
Property

Industrial

51,551 SF
Year Built

1963
For Sale

$2,400,000
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528 W Centre Avenue

528 W Centre Avenue, Portage, MI
Property

Office

3,735 SF
Availability

1 Space

1,355 SF
For Lease

$13.50/SF/YR
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600 West Milham Avenue

600 West Milham Avenue, Portage, MI
Property

VacantLand

0.5 Acre
For Sale

$175,000
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7313 S Westnedge Ave

7313 S Westnedge Ave, Portage, MI
Property

VacantLand

8.63 Acre
For Sale

$3,600,000
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Portage Centre Plaza

279 W. Centre Ave., Portage, MI
Property

Retail

43,709 SF
Availability

6 Spaces

43,706 SF
For Lease

$14.00 - $35.00/SF/YR
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Portage Retail Development - Join Starbucks

8850 Shaver Road, Portage, MI
Property

Retail

5,789 SF
Availability

1 Space

3,785 SF
For Lease Contact for pricing
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325 E Centre Avenue

325 E Centre Ave, Portage, MI
Property

Office

8,021 SF
Availability

1 Space

3,441 SF
For Lease

$11.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Portage commercial real estate market incorporates 175,688 square feet of office space across 19 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Portage commercial real estate market includes 576,895 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Portage market, there is a total of 179,525 square feet of industrial property.

The listing inventory in Portage incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Portage is represented by Retail space, which accounts for 290,289 square feet of available listings. Industrial space available in Portage adds up to 52,611 square feet.

Meanwhile, most of the listings of commercial property for sale in Portage are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Portage is $14.16 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Portage can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Portage, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $24 per square foot. In particular, the property type commanding the highest lease rates in Portage was Office space.

The average size of a commercial property in Portage depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Portage, the average size of an office property is 10,335 square feet.
Retail properties here incorporate an average of 44,377 square feet.
Industrial space in Portage is in buildings that are, on average 35,905 square feet in size.

Portage, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Portage currently add up to 383,093 square feet. The market offers 16 active office listing(s), which amount to 31,193 square feet and account for 53% of commercial spaces on the market. Local retail availability includes 290,289 square feet across 10 retail space(s). Industrial space for rent opportunities in Portage amount to 52,611 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	16	31,193
Retail	10	290,289
Industrial	3	52,611
Other	1	9,000

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Portage, MI. Currently, there is 108,483 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 3 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	29,554
Retail	3	14,753
Industrial	2	64,155
Other	8	21

Portage, MI Commercial Real Estate for Lease and Sale

5136 Lovers Lane

Lake Effect - Operating Adult-Use/Medical Provisioning Center

1300 W Centre Ave

1400 W Milham Ave

4311 Commercial Ave

827 E Centre Avenue

9151 Shaver Rd

9230 Shaver Road

600 West Milham Avenue

6710 Portage Road

7021 South Westnedge Avenue

6500 Lovers Lane

8125 Valleywood Lane

8048 Shaver Road

7441 S Westnedge Ave

6929 S Westnedge

The Shoppes at Romence Village

5148 Sprinkle Road

524 W Centre Ave

510-524 East Milham Avenue

528 W Centre Avenue

600 West Milham Avenue

7313 S Westnedge Ave

Portage Centre Plaza

Portage Retail Development - Join Starbucks

325 E Centre Avenue

Frequently Asked Questions

Portage, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Portage, MI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Portage, MI?

What factors affect the price of commercial real estate in Portage, MI?

What is the average rent for commercial space in Portage, MI?

What are the best areas for commercial real estate in Portage, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Portage, MI?

Portage, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us