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Second-Floor Boutique Retail Space
For Lease
$28 SF/Yr

221 W Webster Avenue, Muskegon, MI 49440

Commercial Lease, Muskegon, MI

Space SizeContact for details
Lot Size2.10 Acres
Days on Market264

Property Features for 221 W Webster Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description B-3
Rooms Basement
Fireplace 1
Elementary school district Muskegon
Middle school district Muskegon
High school district Muskegon
Directions Seaway Dr (Bus-31) to W Webster
Subdivision Muskegon County - M
Standard status Active
APN 24-205-333-0001-00
Size 568 SF
Lot size 2.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 1 TO 9 INCL BLK 333
Legal Description CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 1 TO 9 INCL BLK 333

Utilities

Utilities Cable Available
Heating system Hot Water(Heating)
Cooling system Central Air

Amenities

gym
food hall
bar

Building Details

Year built 1962
Building materials Concrete
Roof type Rubber
Listing Agency: Core Realty Partners LLC
Listed By: Troy Wasserman · License #6501349494
Added: Jan 15 Changed: Sep 7 Last Checked: Oct 6 at 1:06AM
MLS# 26001908

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 568-square-foot retail suite occupies the second floor of a restored former bank building constructed in 1962. The space offers a distinctive setting for boutique retail, personal services, or creative business uses, with concrete construction, central air, hot-water heating, and a rubber roof. A fireplace is also present within the property.

The building is located at 221 W Webster Avenue in downtown Muskegon and includes a gym in the basement, plus a food hall and bar on the first floor. Other occupants include Port City Tattoo, St. Boniface Barbershop, Alchemy Salon, and photographer Lexi Fogle, while office tenants occupy floors three through six. The property also offers cable availability and basement space.

Key Highlights

  • 568 SF second‑floor retail suite
  • Restored former bank building constructed in 1962
  • Food hall and bar located on the first floor

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Auto Parts Store Hair Salon Real Estate Agency Auto Repair Shop Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,387
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 37%
Burger King Dining
5,489 visits/mo 0.2 miles
Shell Shops & Services
3,232 visits/mo 0.2 miles

Demographics for 49440, MI

1,320
Population
860
Households
1.5
Avg Household Size
44
Median Age
36%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
2,200
Density / Sq Mi
$42,500
Median Household Income
$37,067
Median Earnings
$791
Median Rent
$163,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Muskegon, MI

$12.73 /SF/Yr
Avg Asking Price
$4.56–$36 /SF/Yr
Price Range
19,791 SF
Avg Space Size

This space is priced 120% above the average of $12.73 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 568-square-foot suite in a restored former bank building with food hall, bar, and gym amenities on site.
Where is this retail space located?
The property is located at 221 W Webster Avenue Muskegon, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 568 SF second‑floor retail suite; Restored former bank building constructed in 1962; Food hall and bar located on the first floor
More about this property
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