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Corner Restaurant with Courtyard
New
For Lease
$12 SF/Yr

1308 Sherman Blvd, Muskegon, MI 49441

Established restaurant layout with basement storage, dual access, and on-site parking in a high-traffic commercial setting.

Space Size3,777 SF
Lot Size0.50 Acres
Days on Market6

Property Features for 1308 Sherman Blvd

General Information

Standard status Active
Size 3,777 SF
Net Rentable 3,777 SF
Total Parking Spaces 50
Lot size 0.50 Acres
Property subtype Commercial

Space & Availability

Available Space 3,777 SF
Contiguous Space 3,777 SF
Space Use Restaurant

Site & Location

Traffic Count 16,000 vehicles/day
Road Access Yes

Restaurant

Seating Capacity 99
Patio Yes

Additional Details

Lease Term 60 months

Building Details

Year Built 1930
Units 1
Listing Agency: Five Star Real Estate
Listed By: Randy Lynn Klingel · License #6502341815
Source: Elliman
Added: Aug 28 Changed: Sep 1 Last Checked: Sep 1 at 9:35PM

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 Five Star Real Estate

Investment Insights

Based on property information with market context.

This conventional restaurant property includes 3,777 square feet of restaurant space and a 1,860-square-foot basement on a 1/2-acre corner lot. The layout accommodates seating for 99 guests along with courtyard seating, while the basement adds storage or support space. The building dates to 1930 and has received exterior and site improvements, including fresh paint, resurfaced and striped parking, landscaping, and underground sprinkling.

Access is provided from two points, with parking for 50 cars. The property is positioned on W. Sherman Blvd, two blocks west of Business 31 and between Business 31 and Glenside Blvd. More than 16,000 cars pass the location each day.

Key Highlights

  • 3,777 SF restaurant building with a 1,860‑square‑foot basement
  • 1/2‑acre corner lot with dual access points
  • Seating for 99 plus courtyard seating

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Real Estate Agency

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

16,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Home Improvements & Furnishings 46%
The Home Depot Home Improvements & Furnishings
26,924 visits/mo 0.4 miles
Wesco Shops & Services
25,602 visits/mo 0.2 miles
Lake Michigan Credit Union Shops & Services
6,072 visits/mo 0.5 miles

Demographics for 49441, MI

36,886
Population
16,491
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
21.7 sq mi
ZIP Area
1,700
Density / Sq Mi
$65,235
Median Household Income
$38,132
Median Earnings
$1,080
Median Rent
$194,000
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant layout with basement storage, dual access, and on-site parking in a high-traffic commercial setting.
Where is this conventional restaurant located?
The property is located at 1308 Sherman Blvd Muskegon, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 3,777 SF restaurant building with a 1,860‑square‑foot basement; 1/2‑acre corner lot with dual access points; Seating for 99 plus courtyard seating
More about this property
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