Listing provided courtesy of Southwest Real Estate LLC- MLS# 26028770MLS ProviderSource MLS Verified

504 W Centre AvenuePortage, MI 49024

Single Family · 5 Beds · 1 Full Bath · 2,060 Sq. ft. | 0.49 Acres
$115,000 Active

504 W Centre Avenue Overview

Time on Site:
18 days
Visits:
2

Unmatched opportunity awaits! Welcome to 504 & 506 W. Centre, a rare & incredibly versatile real estate package located just minutes from major highways, shopping malls, grocery stores, and local dining. Boasting B-1 Commercial zoning with an established, non-conforming residential use, this property offers the ultimate blueprint for a savvy entrepreneur or investor: run a thriving retail business, boutique storefront, salon, or professional office out of one side while living in or renting out the other. The two are seamlessly connected by a central hallway, creating a massive, adaptable footprint primed for a spectacular transformation. The residential side at 504 W. Centre has 5-bedrooms, 1-bathroom, a full basement and its own dedicated furnace and electric meter. Connected just down the hall sits 506 W. Centre, a historic neighborhood storefront full of character, equipped with its own separate furnace, electric meter, and a convenient walk-out basement. This adjoining space provides unbeatable road visibility for a new business venture, but can just as easily be adapted into a secondary residential unit for a lucrative dual-income rental stream or a massive attached workshop. With separate utility meters already in place and an excellent, high-traffic location that ensures maximum exposure, this double-asset property is the ultimate canvas to launch a business, build immediate sweat equity, and unlock massive value. Note: It is Consumers Energy that uses the two addresses for simplicity. Taxes, Tax ID, etc are all under 504 W Centre.

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504 W Centre Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 2,060
  • Price/Sq.ft. $56
  • Lot 0.49 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1920

Location/Region

  • County Or Parish: Kalamazoo

Tax Information

  • Tax Annual Amount: 4550.0

General Information

  • Parcel Number: 10-00016-725-O
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 2060.0

General Information

  • Fireplace: No
  • Fireplaces Total: 0
  • Interior Features: Broadband
  • Laundry Features: None
  • Living Area: 2060.0
  • Rooms Total: 6
  • Stories: 2

Exterior

Lot Information

  • Lot Features: Level,Sidewalk,Wooded
  • Lot Size Acres: 0.49
  • Lot Size Area: 0.49
  • Lot Size Dimensions: 130x165
  • Lot Size Square Feet: 21344.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Patio And Porch Features: 3 Season Room,Porch(es)
  • Roof: Composition

General Information

  • Sewer: Public
  • Utilities: Natural Gas Available,Electricity Available,Phone Connected,Natural Gas Connected

504 W Centre Avenue Neighborhood

Community

49024 (Portage) Demographics

36
Median Age
1,720
Population Density (per sq. mile)
57%
College Educated
$69,124
Estimated Median Income
8,043
Estimated Total Home Owners
4,070
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

504 W Centre Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

504 W Centre Avenue Market Data

Based on the last 30 days in this zip code

$414,436
Average List Price
$176
Average Price per Square Foot
31
Properties Sold
66
Average Days on Market
243
Properties for Sale
Calculations provided by Reliance Network