1208 8th Street

Retail-Commercial for Sale
Catylist Listing ID: 30708006
Property Subtypes: Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Status: Under Construction
Building Size (RSF): 6,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.56 Acres
Sale Price: $1,249,000
Unit Price: $192.15 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/1/2021

Overview / Comments

Prime location at W. Western and 8th Street as you enter the downtown area. Across from Heritage Landing and associated waterfront activities with high visibility to Shoreline Drive as you enter the downtown area. Ideal location for food and/or entertainment related venue. Exterior renovations and improvements are underway with expected space delivery in the Spring of 2021.

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: City of Muskegon
Tax ID/APN: 6124205317000700
Zoning: B-3
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Largest Nearby Street: Shoreline Drive (Bus-31)
Feet of Frontage: 145
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,500 SF
Property Condition: Excellent
Year Built: 1947
Year Renovated: 2020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,570 61,996 104,085
Median Age: 32.34 35.42 37.69
Households: 3,338 24,380 39,971

Contact

Photograph of Listing Agent

Bryan D. Bench

CORE Realty Partners
CARWM Member
Photograph of Listing Agent

Troy Wasserman

Core Realty Partners
CARWM Member
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