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    521 W Western Ave Muskegon, MI 49440

    For Sale
    $1,495,000

    COMMERCIAL - Muskegon, MI

    Property size:
    39,204 SF
    Lot size:
    0.32 Acres
    Days on Market:
    141
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 521 W Western Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    24-205-315-0001-00
    Interior features
    Broadband
    Size
    39,204 SF
    Lot size
    0.32 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1926
    Floors in Building
    2
    Number of units
    3
    Building materials
    Block, Concrete, Brick
    Roof type
    Rubber, Composition

    Medendorp Real Estate Group (231) 777-7355

    Listing agent David Medendorp (231) 206-3367

    Listing date Jul 27, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Muskegon Commercial Building

    Located at 521 W Western Avenue in downtown Muskegon, Michigan, this historic 39,204 square foot commercial building offers a rare opportunity. Constructed in 1926, the reinforced masonry and concrete structure has a history that includes housing Hooper Brothers Chevrolet, serving as a Midwest distribution hub for Datsun vehicles, and most recently housing a private classic car collection. The property is situated on a corner lot with street and alley access, two blocks from the VanDyk Mortgage Convention Center and steps from Muskegon Lake, local breweries, restaurants, and the vibrant downtown social district. The building features 14-foot ceilings, 14-foot overhead doors, interior parking, and open-span floor plans. A newly updated roof ensures the building is structurally sound and well-lit. The property is zoned B-3 (downtown commercial/industrial), making it suitable for loft-style residences, creative office suites, boutique retail or showroom space, event venues, or a brewery or taproom. The surrounding area includes Hackley Park, The Monet Garden of Muskegon, the Heritage Memorial Garden, the Frauenthal Center, and the farmers market. The lot size is approximately 0.32 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.255896
    Latitude
    43.233303

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    FAQs

    What type of property is this?
    Specialty property - Rare 39,204 SF historic building in revitalized downtown Muskegon.
    Where is this specialty property located?
    The property is located at 521 W Western Ave Muskegon, MI.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - 39,204 sq ft historic building in revitalized downtown Muskegon.; - Prime location: steps from Muskegon Lake, breweries, restaurants, and the social district; two blocks from the convention center.; - Zoned B-3 (downtown commercial/industrial) offering endless adaptive reuse possibilities (residential, office, retail, event venue, brewery).
    (231) 206-3367
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    521 W Western Ave Muskegon, MI 49440
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