1442 E Broadway Avenue # BLDG Norton Shores, MI ^$ 199,000

1442 E Broadway Avenue # BLDG

^$ 199,000

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1442 E Broadway Avenue # BLDG

Norton Shores, MI, 49444

^$ 199,000

Bedrooms-- Baths-- Sq 42,202

Monthly Estimate*

^$ 1,242

1442 E Broadway Avenue # BLDG, Norton Shores, MI 49444 - Image 1

1442 E Broadway Avenue # BLDG, Norton Shores, MI 49444 - Image 2

Commercial Property for sale in Norton Shores, MI

for $199,000. This 42,202 square foot building was built in 1945 on a lot size of 5.24.

The subject property is the location of the former Phillips School situated within the city of Norton Shroes. Current zoning is SUD (Special Use District). The property is comprised of 5+ acres improved with a 42,000 SF school building. The building has not been occupied since at least 2010 and is in a state of disrepair. The value is in the land, which could be redeveloped for a variety of uses. Potential uses include residential development (with approval from the municipality). Brownfield incentives could be available for site clearing/demolition activities associated with redevelopment of the parcel.

Commercial Active

Price

^$ 199,000

Property Type

Commercial

Taxes

^$ 2,172

Style

Commercial/Industrial

Lot Size

5.24

Year Built

1945

Town/City

Norton Shores

County/Region

Muskegon

MLS | Web ID

70440377

Features

General

Heating Forced Air

Status Active Active

Year Built 1945

County Muskegon

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership LLC

Municipality Norton Shores

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Norton Shores (61033)

Primary City Norton Shores

Directions US31 to Sherman W on Sherman N on Worden E on Broadway to site.

City Norton Shores

Financial Terms Cash Conventional

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/20

DOM 400

Postal Code 49444

Price Per Sq Ft Total AG 4.72

Public Remarks

Exterior

Exterior Block

Frontage 413

Lot Size Area 5.24

Lot Dimensions 413 x 583 x 413 x 550

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Bryan Bench

Listing Agent

Core Realty Partners Llc

Broker

bryanbench@corerealty.com

Affordability Calculator

$1,423

Per Month

Monthly Principal & Interest: $1,242
Monthly Property Taxes: $181
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Norton Shores, MI

Average List Price ^$411,776

Percent of Sale Price 107%

About Norton Shores, MI

24,678 Population

10% Since 2002

^$54,608 Median Income

43.18 Median Age

24% 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
11/5/2024	$199,000		Listed Price

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1442 E Broadway Avenue # BLDG, Norton Shores, MI, 49444 is a Commercial Property for sale at $199,000 with 42,202 sqft and a lot size of 5.24. 1442 E Broadway Avenue # BLDG was built in 1945. The property's zip code is 49444 which is in Norton Shores, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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1442 E Broadway Avenue # BLDG

Commercial Property for sale in Norton Shores, MI

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