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    1099 Gordon St Muskegon, MI 49442

    Sponsored
    For Sale
    $274,900

    Large building, prime location, high potential.

    Property size:
    5,016 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional commercial property, located at 1099 Gordon Street in Muskegon, Michigan, presents a significant investment opportunity. Boasting 5,016 square feet of space spread across two stories, this substantial building is situated on a 0.28-acre lot. Its strategic location just off Apple Avenue, with easy access to US 31, ensures high visibility and convenient commuting for employees and customers alike. Previously utilized as a service shop/tire store, the property features three overhead doors, making it ideal for various business ventures. The C1 commercial zoning offers flexibility for a wide range of uses, and the property's potential extends beyond its current configuration. Muskegon's thriving economic climate makes this a particularly attractive proposition, with potential for 1031 exchange consideration. Alternatively, the zoning and planning department can be contacted to explore the possibility of rezoning the property for residential development, allowing for one to four units. Numerous amenities are conveniently located nearby. This property offers a rare combination of size, location, and versatility, making it an exceptional opportunity for discerning investors and entrepreneurs.

    Property Features for 1099 Gordon St

    General Information

    Property type
    Investment properties
    Square Feet
    5,016 SF
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1937
    Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.19704
    Latitude
    43.2327

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    FAQs

    What type of property is this?
    Investment property - Large building, prime location, high potential.
    Where is this investment property located?
    The property is located at 1099 Gordon St Muskegon, MI.
    What is the asking price?
    The asking price for this property is $274,900.
    (616) 724-3000
    Request Owner's contact information
    1099 Gordon St Muskegon, MI 49442
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    Muskegon, MI 49442
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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
    1099 Gordon St Muskegon, MI 49442
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