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    Versatile Industrial Space For Sale Title is generated by Realmo AI

    1054 W Sherman Boulevard, Muskegon, MI 49441

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    Claim this Listing
    For Sale
    $210,000

    COMMERCIAL - Muskegon, MI

    Property size:
    1,440 SF
    Price / SF:
    $145/SF
    Added:
    Oct 21, 2025
    Days on Market:
    260
    Last Refresh:
    Jul 7 at 5:06 am

    Property Features for 1054 W Sherman Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    61-24-036-400-0019-00
    Size
    1,440 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 200 SEE ATTACHED
    Tax Annual Amount
    5300

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    2025
    Floors in Building
    1
    Number of units
    1
    Building materials
    Metal Siding
    Roof type
    Metal

    We can help!

    Contact an agent
    Brock Edward Carlston
    Brock Edward Carlston

    Listing agent Brock Edward Carlston License #6501370180

    Listing office Greenridge - Nexes 880 W Broadway Ave, Muskegon, MI

    Listing date Oct 21, 2025

    MLS# 25054179

    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.

    HighLights

    • Versatile 1,440 sq. ft. space suitable for various uses.
    • High 21' ceilings provide ample vertical space.
    • 16' x 16' overhead door with automatic opener for easy access.
    • Fully insulated with closed spray foam for maximum energy efficiency.
    • Includes a private bathroom.
    • Individually metered gas and electric with 100‑amp electrical service.

    Overview

    This 1,440 sq. ft. industrial space is for sale, offering a versatile unit suitable for various uses, including small businesses or commercial storage. The unit features 21' ceilings, providing ample vertical space. Access is facilitated by a 16' x 16' overhead door with an automatic opener. The property includes a private bathroom and is fully insulated with closed spray foam for energy efficiency. A 100,000 BTU furnace and a 10-gallon electric water heater provide comfort. LED lighting and an industrial ceiling fan are installed throughout the unit. Each unit has floor drains for convenience and cleanliness, along with individually metered gas and electric services. The electrical service is 100-amp per unit. The property is suitable for entrepreneurs, contractors, hobbyists, or anyone needing a secure and efficient space to work or store equipment. Property taxes are an estimation from the assessor's office based off of an SEV & Taxable Value of $92,500.

    Local Financial Insights For Retail

    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 $27.3k $18.96
    − Vacancy −$710 −$0.49
    EGI $26.6k $18.47
    − OpEx −$8.0k −$5.54
    NOI $18.6k $12.93
    1,440 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $265.9K
    $232.7K – $310.3K (±1% cap)
    NOI $18,615 @ 7.0% cap · market cap 8.86%
    Second Best
    Warehouse
    $239.6K
    $209.7K – $279.6K (±1% cap)
    NOI $16,773 @ 7.0% cap · market cap 7.99%
    Theoretical Best
    Hotel Hospitality
    $13.52M
    $11.83M – $15.78M (±1% cap)
    NOI $946,616 @ 7.0% cap · market cap 450.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Dental Office Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hotel & Motel Skin Care Clinic Gym & Fitness Center

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

    Similar Places Nearby

    • T&K Custom Catering LLC, — 1413 Winchester Dr, Muskegon, MI 49441

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.274354
    Latitude
    43.20501

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    FAQs

    What type of property is this?
    Flex space - 1,440 sq ft unit ideal for businesses or storage.
    Where is this flex space located?
    The property is located at 1054 W Sherman Boulevard Muskegon, MI.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: Versatile 1,440 sq. ft. space suitable for various uses.; High 21' ceilings provide ample vertical space.; 16' x 16' overhead door with automatic opener for easy access.
    (231) 578-0556
    We can help!
    Contact an agent
    Brock Edward Carlston
    Brock Edward Carlston
    Real Estate License ID: 6501370180
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