1141 E. Sherman

Office for Sale
Catylist Listing ID: 30655368
Property Subtypes: Office Building
Building Size (RSF): 3,240 SF
Gross Building Area: See Agent
Gross Land Area: 0.55 Acres
Sale Price: $395,000
Unit Price: $121.91 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

Corner location on Sherman Boulevard across from the Mercy Health Partners main campus. Approximately one-half acre of land developed with a 3,200 SF office building. Excellent corner location with Sherman frontage near the US 31/Sherman on-off ramp. Great site for healthcare-related user near the primary medical corridor in Muskegon County. Building includes 3 offices and a kitchenette. Current business would relocate.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $8,046 (Annual)
Tax Value Land $45,000
Tax Value Improvements $120,500
Assessed Value - Total($) $120,500 (Annual)

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: City of Norton Shores
Tax ID/APN: 6127440000001800
Zoning: GO
Property Located Between: Vulcan and Sherman
Property Visibility: Excellent
Area Description: US31 to Sherman Blvd West
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1994
Construction/Siding: Wood Frame
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Package Unit
Lot Frontage: 185
Lot Depth: 130
Water Service: Municipal
Sewer Type: Municipal
Legal Description: CITY OF NORTON SHORES HOME ACRES LOT 18 & N 20 FT OF LOT 17 EXC W 120 FT LOT 18 & ALSO W 120 FT OF N 20 FT LOT 17

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,463 74,032 110,863
Median Age: 33.9 35.19 37.46
Households: 2,869 27,393 42,510

Contact

Photograph of Listing Agent

Bryan D. Bench

CORE Realty Partners
CARWM Member
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