1878 Lakeshore Drive

Retail-Commercial for Sale
Also listed as Office, Special Purpose
Catylist Listing ID: 30757543
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 800 SF
Gross Building Area: See Agent
Sale Price: $235,000
Unit Price: $293.75 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: 10/25/2021

Overview / Comments

This 3 bedroom, 1 bath (formerly a residential investment property) is prime and ready to become your next business venture. Perfect lakeside shopping district location, close to the beaches, the Lake Express Ferry, and on the traffic route from downtown to Pere Marquette beach. This space, with the right permitting and build-out (already zoned) could be a great office space, retail space, restaurant, or whatever business venture you have in mind. There is an additional 2 stall garage and a parking pad out front of the home. Call today to see!

Attachments & Media

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $1,464 (Annual)
Tax Value Land $8,400
Tax Value Improvements $23,242
Assessed Value - Total($) $38,500 (Annual)

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: city of Muskegon
Tax ID/APN: 61-24-205-596-0002-30
Zoning: FBC
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: Blodgett & Torrent
Property Visibility: Good
Feet of Frontage: 88
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 800 SF
Year Built: 1940
Construction/Siding: Wood Frame
Exterior Description: Vinyl/Wood
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Package Unit
Zoning Description: Form Based Code. See City of Muskegon's Lakeside Form Based Code Guide for permitted uses.
Lot Frontage: 88
Lot Depth: 97
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,241 45,175 88,777
Median Age: 38.65 37.96 37.87
Households: 3,295 18,690 35,681

Contact

Photograph of Listing Agent

Bryan D. Bench

CORE Realty Partners
CARWM Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.