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: |
6/14/2021 |
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 |
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 |
|
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