Restaurant and Apartment
1308 W Sherman, Muskegon, MI 49445
For Sale
$495,000
A corner-lot property combines restaurant space, a furnished apartment, and on-site customer parking.
Property Size7,400 SF
Lot Size0.50 Acres
Price / SF$66.89
Days on Market80
Property Features for 1308 W Sherman
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Traffic Count
Road Access
Restaurant
Patio
Equipment Included
Liquor License
Additional Details
Furnished
Business Included
Building Details
Year Built
Buildings
Listing Agency:
Five Star Real Estate
(231) 733-3080
Listed By:
Randy Klingel · License MI #6502341815
(231) 578-0559
Source:
Jabachler
Added: Aug 24
Changed: Nov 11
Last Checked: Nov 11 at 2:12AM
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
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Investment Insights
Based on property information with market context.
This mixed-use property includes a 3,777-square-foot restaurant, a fully remodeled and furnished 1,860-square-foot apartment, and a 1,860-square-foot basement. The restaurant accommodates 99 guests indoors, with additional courtyard seating. Apartment improvements include new appliances, flooring, paint, a washer and dryer, and a private deck. The exterior has been painted, and the parking area has new asphalt and striping alongside landscaping and underground sprinklers.
On a half-acre corner lot, the property has two access points and parking for 50 cars. It fronts W. Sherman Blvd, two blocks west of Business 31, between Business 31 and Glenside Blvd. More than 16,000 cars pass the location each day. The sale includes inventory, furniture, fixtures, equipment, and licenses needed to operate the business.
On a half-acre corner lot, the property has two access points and parking for 50 cars. It fronts W. Sherman Blvd, two blocks west of Business 31, between Business 31 and Glenside Blvd. More than 16,000 cars pass the location each day. The sale includes inventory, furniture, fixtures, equipment, and licenses needed to operate the business.
Key Highlights
- 3,777‑square‑foot restaurant with indoor seating for 99 and additional courtyard seating
- Fully remodeled, furnished 1,860‑square‑foot apartment with private deck
- 1,860‑square‑foot basement
Property Analytics
Current Use
Lease Details
16,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
67k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 42%
Home Improvements & Furnishings 8%
McDonald's
Dining
17,952 visits/mo
0.3 miles
Wesco
Shops & Services
13,272 visits/mo
0.4 miles
Lee's Famous Recipe Chicken
Dining
9,957 visits/mo
0.3 miles
Little Caesars Pizza
Dining
6,320 visits/mo
0.2 miles
Marathon
Shops & Services
6,031 visits/mo
0.3 miles
Demographics for 49445, MI
21,245
Population
9,109
Households
2.3
Avg Household Size
43
Median Age
29%
College-Educated
96%
High-School Grad
61.1 sq mi
ZIP Area
348
Density / Sq Mi
$80,514
Median Household Income
$45,874
Median Earnings
$1,163
Median Rent
$209,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A corner-lot property combines restaurant space, a furnished apartment, and on-site customer parking.
Where is this mixed-use property located?
The property is located at 1308 W Sherman Muskegon, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,777‑square‑foot restaurant with indoor seating for 99 and additional courtyard seating; Fully remodeled, furnished 1,860‑square‑foot apartment with private deck; 1,860‑square‑foot basement
