5580 Harvey Street Muskegon, MI

Retail-Commercial for Sale
Catylist Listing ID: 30655806
Property Subtypes: Mixed Use, Vehicle Related
Building Size (RSF): 107,925 SF
Gross Land Area: 9.21 Acres
Sale Price: $4,150,000
Unit Price: $38.45 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Yonkers
Usable Size (USF): 107,925 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/13/2020

Overview / Comments

Hard to find 20 year new 107,925sf, 1 story plus revitalized Younkers anchor store sitting on 9.21 acres of nearly perfect condition parking lot. Drop ceiling/grid removed, utilities raised, fire system raised to roof deck and recertified, all interior walls removed to create expansive look and feel. Floor material (carpet, tile, wood) removed and concrete re-surfaced to new fresh surface. Building is well insulated with energy efficient LED lights throughout including LED parking lot lights with Computer controlled Building Automation System (HVAC/Lighting). Exterior has been protected and sealed with Loxon XP. Landscaping has been recently upgraded.

Fantastic opportunity to utilize the PUD zoning for retail, commercial, outside sales as well as other uses.

At the premier shopping area of the Norton Shores commercial/shopping area.

-Possible Outlots to split/sell
-3 loading dock doors
-Trash Compactor
-Backup Generator
-Large Bathrooms
Development Ready

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: Fruitport Township
Tax ID/APN: 61-15-122-300-0001-10
Retail Clientele: Family, Business, Traveler, Tourist, Recreation, Casino
Property Visibility: Excellent
Largest Nearby Street: US31
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 107,925 SF
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,384 22,952 84,643
Median Age: 45.9 39.92 38.97
Households: 600 9,218 32,368


Photograph of Listing Agent

Michael J. Murray

Colliers International CARWM Member
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