1921 Apple Ave Muskegon, MI 49442

Property Details for 1921 Apple Ave

Year built

1950

Lot size

0.34 lot acres

Property size

4,240 SF

Zone code

C1

Property type

Commercial real estate

APN

61-10-027-100-0001-00

APU

6110027100000100

Description

This exceptional investment opportunity presents a 4,240 square foot executive office building situated on a 0.34-acre lot at 1921 E Apple Avenue in Muskegon, Michigan, 49442. Built in 1950, this single-building property features three separately metered office/retail suites, each with its own signage. Suite A boasts 1840 square feet, including a 600 square foot showroom, a private office, break room, storage, and workspace. Suites B and C, each measuring 1200 square feet, offer two private offices, a break room, reception area, and a customer waiting area. An outside loading ramp enhances functionality. The property enjoys a high-traffic location, just two blocks east of the Apple Ave/M46 & US 31 interchange, resulting in over 32,000 daily passing vehicles. The building's corner location at Apple Ave/M46 and Gordon provides excellent visibility and accessibility. The asking price is $429,000, with a price per square foot of $101.18. The property generates nearly $50,000 in gross annual rental income from long-term tenants. The 2022 taxable value was $215,067, with a State Equalized Value (SEV) of $219,500. Annual property taxes for 2022 totaled $11,815. The lot dimensions are 100x275 feet. The building's construction is a combination of block, concrete, and wood frame. The tax ID is 10-027-100-0001-00. This is a truly remarkable opportunity for investors seeking a stable, income-generating asset in a high-visibility location.