Versatile Flex Retail Industrial
981 S Getty Street Muskegon, MI 49442
For Sale
$199,900
COMMERCIAL - Muskegon, MI
Property Size4,200 SF
Lot Size0.19 Acres
Price / SF$47.60
Days on Market114
Property Features for 981 S Getty Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 24-205-061-0001-20
- Size
- 4,200 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- In Agent Remarks
- Tax Annual Amount
- 1034
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1946
- Number of units
- 3
Listing Agency:
Legacy Real Estate Partners
(616) 402-3595
Listed By:
Terry Puffer · License #6501424238
(231) 855-5001
Added: Apr 3
Changed: Jul 25
Last Checked: Jul 25 at 5:06PM
MLS# 26013397
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 versatile commercial building at 981 S Getty Street is currently vacant and ready for immediate use. The space features an open layout designed to support flexible configuration, along with a freshly painted exterior. Multiple garage access points are available, including a large front garage door to support straightforward loading and operations.
The property is located on S Getty Street in Muskegon, MI, in an area described as high-traffic and high-visibility. Electrical service is listed at 480 amps, and the property is identified with B4 and B2 zoning.
With its combination of open interior space and multiple garage entrances, the building is suited for a range of commercial uses consistent with its listed zoning.
The property is located on S Getty Street in Muskegon, MI, in an area described as high-traffic and high-visibility. Electrical service is listed at 480 amps, and the property is identified with B4 and B2 zoning.
With its combination of open interior space and multiple garage entrances, the building is suited for a range of commercial uses consistent with its listed zoning.
Key Highlights
- High‑traffic, high‑visibility location ideal for business growth
- Vacant and ready for immediate use
- Flexible, open layout for easy configuration
Financial Insights For Flex RnD
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 | $28.7k | $6.84 |
| − Vacancy | −$833 | −$0.20 |
| EGI | $27.9k | $6.64 |
| − OpEx | −$9.8k | −$2.32 |
| NOI | $18.1k | $4.32 |
4,200 SF · lease $6.84/SF/yr · vacancy 2.90% · expense 35.00%
Alternative Uses
Best Use
Retail
$775.6K
$678.7K – $904.9K
NOI $54,293 @ 7.0% cap · market cap 27.16%
Second Best
Industrial
$575.5K
$503.6K – $671.5K
NOI $40,287 @ 7.0% cap · market cap 20.15%
Theoretical Best
Hotel Hospitality
$39.44M
$34.51M – $46.02M
NOI $2,760,964 @ 7.0% cap · market cap 1,381.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Vacant flex/industrial building with an open layout, multiple garage access points, and 480-amp electrical service.
Where is this flex space located?
The property is located at 981 S Getty Street Muskegon, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: High‑traffic, high‑visibility location ideal for business growth; Vacant and ready for immediate use; Flexible, open layout for easy configuration
