Former TCF Bank - Norton Shores

Retail-Commercial for Sale
Sale Pending
Also listed as Office
Catylist Listing ID: 30753722
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail, Other, General
Status: Pending
Building Size (RSF): 12,196 SF
Gross Land Area: 1.45 Acres
Sale Price: $1,850,000
Unit Price: $151.69 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 11/24/2021

Overview / Comments

Former TCF bank building in Norton Shores MI. Great location with 5,902 SF available and an additional 6,098 SF that is currently leased by Gielow Groom Terpstra & McEvoy, PLC— this lease ends 5/17/2027.
No tours can be scheduled until the branch is officially closed sometime in Oct. 2021. Please do not approach the employees at this time.
No restrictions on financial institutions- Financial institution use will get priority during the first 60 days on market.
Deed restrictions on any cannabis use.
Access: Ingress and egress from both Seminole Rd and Mona Kai Blvd
Visibility: Easily visible from Seminole Rd
Total of 5 Drive Thru Lanes

Additional Details

Nearest MSA: Muskegon-Norton Shores
County: Muskegon
Submarket/Township: Other area
Taxing Authority: Norton Shores
Tax ID/APN: 61-10-25-597-000
Zoning: PUD
Retail Clientele: General, Business, Tourist, Other
Property Visibility: Good
Largest Nearby Street: Seaway Dr
Area Description: DIRECTIONS: From I-96W to US-31 BR N slight left onto Seminole Road, 281 Seminole is on left.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,000 SF
Property Condition: Excellent
Year Built: 2005
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,433 57,187 104,594
Median Age: 34.04 36.97 37.42
Households: 3,596 22,869 40,234

Contact

Photograph of Listing Agent

Russ Bono, CCIM

CBRE Detroit CARWM Member
Photograph of Listing Agent

Cameron Timmer

CBRE Detroit CARWM Member
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