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Property summary
Adelaide Pointe, located at 1204 W Western Ave, Muskegon, MI 49441, offers 137,741 square feet of warehouse and self-storage space in a single, one-story building on a 16.14-acre lot. Built in 1953 and extensively renovated in 2023, this I-2 zoned property (APN: 61-24-025-100-0001-00) features 18-foot ceilings, one loading dock, and one dock-high door. Currently, 113,128 square feet are vacant, divisible into units as small as 2,150 square feet, with a maximum contiguous space of 3,225 square feet. The property is ideally suited for multiple tenants seeking flexible storage solutions, with the potential for customization including mezzanines. Its prime waterfront location in Muskegon's thriving development makes it an exceptional opportunity. This is a multi-tenant property with units ranging in size. The property boasts easy access and ample space for various storage needs, including boats, RVs, and vehicles. Individual units will include both drive-in overhead doors and walk-in doors.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Factory
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Tour Operator Travel Agency
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Boat Club
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Tour Operator Travel Agency
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Tour Operator Travel Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
In an I-2 General Industrial District, buildings and land may be used for one (1) or more of the following specified uses, unless otherwise provided in this Article. 1. Any Principal Use Permitted in the I-1 District, su…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Muskegon, MIIn an I-2 General Industrial District, buildings and land may be used for one (1) or more of the following specified uses, unless otherwise provided in this Article. 1. Any Principal Use Permitted in the I-1 District, su…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
In an I-2 General Industrial District, buildings and land may be used for one (1) or more of the following specified uses, unless otherwise provided in this Article. 1. Any Principal Use Permitted in the I-1 District, su…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-2 in Muskegon, MI.
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