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Finished Steel Flex Unit

2695 Hein Road Muskegon, MI 49445

2695 Hein Road, Muskegon, MI, 49445
$209,900
For Sale
Claim this Listing
$209,900

COMMERCIAL - Muskegon, MI

Property Size1,500 SF
Lot Size0.09 Acres
Price / SF$139.93
AddedMay 19
Days on Market58
Last RefreshJul 15 at 3:06 pm

Property Features for 2695 Hein Road

General Information

Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Interior features
Broadband
Standard status
Active
Size
1,500 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
DALTON TOWNSHIPSUITE SPACE 1 CONDOMINIUM UNIT J-103SEC 31 T11N R16W

Building Details

Year built
2025
Number of units
1

Listing agent Sandi L Gentry License #6506045021

Listing office RE/MAX Lakeshore 133 Washington Avenue, Holland, MI

Listing date May 19, 2026

MLS# 26023351

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 is a finished steel flex unit sized 25 by 60, with a fully finished interior designed to support both workspace and storage needs. It features 6-inch concrete floors, 18-foot ceilings with lighting and a ceiling fan, and a 14 by 14 overhead door for straightforward loading and access. The unit includes a full bath, 3-phase power, city water and sewer, and two mini-split systems for heating and cooling. Fast fiber internet is also noted as available, complementing modern business or office requirements. The unit is described as immaculate and is part of a professionally maintained association.

The property is located at 2695 Hein Road in Muskegon, Michigan, and is described as being just minutes from Highway 31. An association fee of $75 per month is reported, covering snow removal and common area upkeep.

Built for versatility, this unit can fit a range of tenants and owners who need a durable steel structure with a finished interior. The combination of high ceilings, substantial loading access via the 14 by 14 door, and on-site utilities like 3-phase power and city services makes it practical for operating companies that want their office and shop needs under one roof.

Key Highlights

  • Fully finished interior suitable for business or personal use.
  • 14 x 14 overhead door and 18' ceilings for versatile access and storage.
  • Efficient heating and cooling with two mini‑split systems.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.1k $14.04
− Vacancy −$505 −$0.34
EGI $20.6k $13.70
− OpEx −$3.1k −$2.06
NOI $17.5k $11.65
1,500 SF · lease $14.04/SF/yr · vacancy 2.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$249.6K
$218.4K – $291.2K (±1% cap)
NOI $17,471 @ 7.0% cap · market cap 8.32%
Second Best
Industrial
$205.5K
$179.9K – $239.8K (±1% cap)
NOI $14,388 @ 7.0% cap · market cap 6.85%
Theoretical Best
Hotel Hospitality
$14.09M
$12.33M – $16.43M (±1% cap)
NOI $986,059 @ 7.0% cap · market cap 469.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Dental Office Auto Parts Store Furniture & Home Goods Grocery & Convenience Store Nail Salon Hair Salon Garden Center Locksmith Computer & Electronic Repair Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Immaculate steel flex unit with finished interior, 18-foot ceilings, and a 14x14 overhead door.
Where is this flex space located?
The property is located at 2695 Hein Road Muskegon, MI.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Fully finished interior suitable for business or personal use.; 14 x 14 overhead door and **18' ceilings for versatile access and storage.**; Efficient heating and cooling with two mini‑split systems.
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