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Standalone Storefront with Parking
For Sale
$284,900

2256 E Apple Avenue, Muskegon, MI 49442

Commercial Sale, Muskegon, MI

Property Size2,418 SF
Lot Size1.22 Acres
Price / SF$117.82
Days on Market251

Property Features for 2256 E Apple Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C1
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Interior features Broadband
Elementary school district Orchard View
Middle school district Orchard View
High school district Orchard View
Directions US 31 to Apple Ave exit, East to 2256/2260 E. Apple Ave between Quarterline and Sheridan on the north side of the road.
Standard status Active
APN 62-10-688-012-0005-00
Size 2,418 SF
Lot size 1.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lengthy Legal See Attached Documents
Tax Annual Amount 4296
Legal Description Lengthy Legal See Attached Documents

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Year built 1959
Number of units 1
Listing Agency: Besteman Properties Group Inc.
Listed By: Susan Besteman · License #6502417127
Added: Jan 28 Changed: Sep 7 Last Checked: Oct 6 at 1:06PM
MLS# 26003281

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 property includes a 2418-square-foot, one-story commercial building with a storefront layout, forced-air heat, broadband, and cable availability. The structure was built in 1959 and has on-site parking. A house behind the commercial building is included within the same 1.22-acre parcel.

The property fronts Apple Avenue with 143 feet of road frontage and sits east of US 31 in Muskegon. Nearby commercial uses include a quick oil-change and car-wash business to the west and a jewelry store to the east. Baker College and Muskegon Community College are approximately 3/4 mile away.

The site carries C1 zoning. The commercial building was formerly used for powersports and marine sales and service, including personal watercraft, ATVs, and UTVs.

Key Highlights

  • 2418‑square‑foot, one‑story commercial building
  • 1.22‑acre parcel with 143 feet of road frontage
  • C1 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,194
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,880 $463.9K
Cap Rate 7%
$331,343 $331.3K
Cap Rate 9%
$257,711 $257.7K
Market Conditions
NOI Build-Up for 2,418 SF
Gross rent
$33.9K $14.04/SF
− Vacancy
−$815 −$0.34/SF
EGI
$33.1K $13.70/SF
− OpEx
−$9.9K −$4.11/SF
NOI
$23.2K $9.59/SF
Area
Muskegon County, MI
Vacancy
2.40%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,880
Cap Rate 7%
$331,343
Cap Rate 9%
$257,711

Alternative Uses

Best Use
Retail
$446.5K
$390.7K – $521.0K (±1% cap)
NOI $31,257 @ 7.0% cap · market cap 10.97%
Second Best
Industrial
$331.3K
$289.9K – $386.6K (±1% cap)
NOI $23,194 @ 7.0% cap · market cap 8.14%
Theoretical Best
Hotel Hospitality
$22.71M
$19.87M – $26.49M (±1% cap)
NOI $1,589,526 @ 7.0% cap · market cap 557.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Dental Office HVAC Service Hair Salon Spa & Massage Center Skin Care Clinic Barber Shop

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Dining 13% Groceries 12% Electronics 8%
Corner Store Shops & Services
11,049 visits/mo 0.2 miles
Dollar General Shops & Services
8,273 visits/mo 0.4 miles
Save-A-Lot Groceries
7,628 visits/mo 0.2 miles
Little Caesars Pizza Dining
6,832 visits/mo 0.1 miles
The UPS Store Shops & Services
6,136 visits/mo 0.5 miles

Demographics for 49442, MI

45,342
Population
17,759
Households
2.6
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
41.0 sq mi
ZIP Area
1,106
Density / Sq Mi
$50,069
Median Household Income
$33,257
Median Earnings
$889
Median Rent
$116,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Storefront property - C1-zoned, one-story commercial building includes a separate house on the parcel.
Where is this storefront property located?
The property is located at 2256 E Apple Avenue Muskegon, MI.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 2418‑square‑foot, one‑story commercial building; 1.22‑acre parcel with 143 feet of road frontage; C1 zoning
More about this property
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