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Downtown Muskegon Commercial Space Available
For Lease
$12 SF/Yr

1021 Jefferson St B, Muskegon, MI 49440

Newer construction commercial space in downtown Muskegon for lease.

Space SizeContact for details
Days on Market104

Property Features for 1021 Jefferson St B

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2021
Listing Agency: Core Realty Partners LLC
Listed By: Bryan D Bench · License #6501349494
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 5 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Core Realty Partners LLC

Investment Insights

Based on property information with market context.

Newer construction commercial space is available for rent within a mixed-use, multi-story building located in downtown Muskegon. The property is situated within the busy Apple Ave. corridor and is in proximity to the Muskegon County administrative complex. Its location is within walking distance of downtown restaurants and events. The street-level space is suitable for legal services, a professional office user, or a street retail operation. Ample on-site parking is available within the professionally managed development. The asking rate includes developer build-out to a white-box state. The lease term is 60-120 months. The bike score is 64, indicating it is bikeable, and the walk score is 50, indicating it is car-dependent.

Key Highlights

  • Newer construction (2021) commercial space in downtown Muskegon.
  • Developer build‑out to white‑box state included in lease rate.
  • Ample on‑site parking within a professionally managed development.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Furniture & Home Goods Locksmith Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,359
Businesses Nearby

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

Market

Lease Benchmarks for Muskegon, MI

$17.59 /SF/Yr
Avg Asking Price
$7–$76 /SF/Yr
Price Range
12,201 SF
Avg Space Size

This space is priced 32% below the average of $17.59 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Newer construction commercial space in downtown Muskegon for lease.
Where is this office units located?
The property is located at 1021 Jefferson St B Muskegon, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Newer construction (2021) commercial space in downtown Muskegon.; Developer build‑out to white‑box state included in lease rate.; Ample on‑site parking within a professionally managed development.
More about this property
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