Search
Downtown Muskegon Restaurant Opportunity
For Sale
$297,000

557 W Western Ave, Muskegon, MI 49440

Restaurant building for sale in the Historic District.

Property SizeContact for details
Days on Market99

Property Features for 557 W Western Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,006

Building Details

Year Built 1900
Units 1
Listing Agency: Besteman Properties Group Inc.
Listed By: Mark Besteman · License #6502417127
Source: Elliman
Added: May 14 Changed: Aug 8 Last Checked: Aug 20 at 10:07AM

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 Besteman Properties Group Inc.

Investment Insights

Based on property information with market context.

Located in the downtown Muskegon Historic District, the property at 557 W Western Avenue is available for sale. The building is situated between the Muskegon Heritage Museum of Business & Industry and Mike's Tavern. It has a history of successful operation as a restaurant and an ice cream/sandwich shop. The location offers views of Muskegon Lake and cruise ships. The property benefits from its proximity to various activities and attractions, including Muskegon Lumberjacks games at the arena, shows at the Frauenthal Center, and Bike Time.

Key Highlights

  • Proven track record as a successful restaurant and ice cream/sandwich shop.
  • Located in the desirable downtown Muskegon Historic District.
  • Enjoy Muskegon Lake and cruise ship views.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,223
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
3,232 visits/mo 0.3 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Best Coast Catering 242 W Western Ave, Muskegon, MI 49440
  • Soul Filled Catering And Private Chef Services 221 W Webster Ave, Muskegon, MI 49442
  • Carnival Hot Dogs and Catering 1478 Beidler St apt 1/2, Muskegon, MI 49441

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant building for sale in the Historic District.
Where is this restaurant located?
The property is located at 557 W Western Ave Muskegon, MI.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: Proven track record as a successful restaurant and ice cream/sandwich shop.; Located in the desirable downtown Muskegon Historic District.; Enjoy Muskegon Lake and cruise ship views.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message