The Century Club

Retail-Commercial for Sale
Also listed as Shopping Center, Office
Catylist Listing ID: 30745114
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub
Building Size (RSF): 14,985 SF
Gross Building Area: See Agent
Gross Land Area: 0.13 Acres
Sale Price: $1,850,000
Unit Price: $123.46 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/22/2021

Overview / Comments

*LOCATION!* This beautifully restored landmark, historic building, The Century Club, sits at the heart of Downtown Muskegon's bustling waterfront community. Built in 1891 during the Lumber Era as a social clubhouse for leaders in business & industry, this Victorian-style commercial property boasts it all! Features include elevated coffer ceilings, original hardwood floors, porcelain tile & brick walls, ornate crown moulding, wrought iron fixtures, five fireplaces, a grand ballroom, prep kitchen, bay windows overlooking Muskegon's main street, and views of Muskegon Lake! Renovations of this nearly 15,000 SF property include new electrical, plumbing, mechanical, HVAC & fire suppression systems, facade restoration & new windows, barrier-free access, restrooms, elevator, & security system.

All three floors are in regular use with fully-leased tenant space including a fine art gallery & strolling boutique shops. The second floor grand ballroom serves as an exquisite space for wedding, banquet, and corporate events and meetings.

Ideal opportunity for investor or owner-user. It's an incredible time to secure this historic building and get in on the rapidly growing development in the Muskegon lakeshore community!

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Tax ID/APN: 61-24-233-000-0005-00
Zoning: CENTRAL BUSINESS
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Second Street and Third Street
Property Visibility: Excellent
Largest Nearby Street: Shoreline Drive
Feet of Frontage: 48
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1881
Year Renovated: 2007
Construction/Siding: Brick, Concrete
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Zoning Description: Central Business
Lot Frontage: 48
Lot Depth: 116
Water Service: Municipal
Sewer Type: Municipal
Legal Description: CITY OF MUSKEGON DOWNTOWN MUSKEGON DEVELOPMENT CENTER NO 1 UNIT 5 SBJT TO VAC ST/ALLEYS RECOR'D 1041/965 SBJT TO VAC ST/ALLEYS RECOR'D 1035/629 SBJT TO ESMNT MI BELL TEL CO RECOR'D 94M/564 SBJT TO ESMNT RECOR'D 1559/795 SBJT TO ESMNT FOR OVERHEAD/UNDERGROUND ELECTRIC LNS RECOR'D 3724/701

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,057 63,517 109,551
Median Age: 31.72 35.5 37.53
Households: 3,539 25,339 42,014

Contact

Photograph of Listing Agent

Bryan D. Bench

Core Realty Partners
CARWM Member
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