380 W Western Avenue # Units 1 & 2 Muskegon, MI ^$ 1,525,000

380 W Western Avenue # Units 1 & 2

^$ 1,525,000

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380 W Western Avenue # Units 1 & 2

Muskegon, MI, 49440

^$ 1,525,000

Studio Baths0.0 Sq 8,714

Monthly Estimate*

^$ 10,653

380 W Western Avenue # Units 1 & 2, Muskegon, MI 49440 - Image 1

380 W Western Avenue # Units 1 & 2, Muskegon, MI 49440 - Image 2

380 W Western Avenue # Units 1 & 2, Muskegon, MI 49440 - Image 3

380 W Western Avenue # Units 1 & 2, Muskegon, MI 49440 - Image 4

380 W Western Avenue # Units 1 & 2, Muskegon, MI 49440 - Image 5

380 W Western Avenue # Units 1 & 2, Muskegon, MI 49440 - Image 6

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Studio

Commercial Property for sale in Muskegon, MI

for $1,525,000. This 8,714 square foot building was built in 2008 on a lot size of 0.17.

These commercial condominium units present an opportunity to own the entire first floor of this landmark multi-tenant building in the heart of Downtown Muskegon. Units 1 and 2 combine to include 8,714 SF of main level office/commercial/retail space. The offering is 100% occupied by two professional office tenants and one national food retailer. The corner location provides convenient client access, excellent visibility and much-desired walkability to restaurants, shopping and both cultural and waterfront activities. Member of owner LLC is a licensed Realtor.

Commercial Active

Price

^$ 1,525,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 29,750

Style

Commercial/Industrial

Lot Size

0.17

Year Built

2008

Town/City

Muskegon

County/Region

Muskegon

MLS | Web ID

70324309

Features

General

Heating Forced Air

Water Public Water Public Water at Street

Status Active Active

Year Built 2008

County Muskegon

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Muskegon

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Electric Available Gas Available Separate Meters Sprinkler System Telephone

Area Muskegon (61023)

Primary City Muskegon

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/23027670

Directions US-31/Seaway Drive to 3rd Street; 3rd to W Western Avenue; Right on Western to property.

City Muskegon

Street Name Western

Financial Terms Cash Conventional

Legal Description CITY OF MUSKEGON HINES BUILDING CONDOMINIUM UNIT 1CITY OF MUSKEGON HINES BUILDING CONDOMINIUM UNIT 2SUBJ TO E

DOM 267

Postal Code 49440

Price Per Sq Ft 175.01

Coming Soon These commercial condominium units present an opportunity to own the entire first floor of this landmark multi-tenant building in the heart of Downtown Muskegon. Units 1 and 2 combine to include 8

Exterior

Exterior Brick Steel Stone

Frontage 145

Lot Size Area 0.17

Lot Dimensions 145x105x145x123

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

David Ten Cate

Listing Agent

Capstone Real Estate Llc

Broker

dave@capstonecompanies.net

Affordability Calculator

$13,132

Per Month

Monthly Principal & Interest: $10,653
Monthly Property Taxes: $2,479
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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.

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Nearby

Trends
Schools

Commerical listings in Muskegon, MI

Average List Price ^$341,813

Percent of Sale Price 78%

About Muskegon, MI

39,458 Population

1% Since 2002

^$28,840 Median Income

35.7 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2023	$1,525,000	-12.86%	Price Down
8/1/2023	$1,750,000		Listed Price

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380 W Western Avenue # Units 1 & 2, Muskegon, MI, 49440 is a Commercial Property for sale at $1,525,000 with 8,714 sqft and a lot size of 0.17. 380 W Western Avenue # Units 1 & 2 is a studio with 0.0 baths and was built in 2008. The property's zip code is 49440 which is in Muskegon, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

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380 W Western Avenue # Units 1 & 2

Commercial Property for sale in Muskegon, MI

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