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Mixed-Use Restaurant with Apartment
For Sale
$495,000

1308 W Sherman Boulevard, Muskegon, MI 49441

Commercial Sale, Muskegon, MI

Property Size7,497 SF
Lot Size0.57 Acres
Price / SF$66.03
Days on Market68

Property Features for 1308 W Sherman Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2
Parking 49
Elementary school district Muskegon
Middle school district Muskegon
High school district Muskegon
Standard status Active
APN 24-382-029-0014-00
Size 7,497 SF
Lot size 0.57 Acres

Additional Details

Business Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Description CITY OF MUSKEGON GLENSIDE SUBDIVISION 2 LOTS 14 TO 19 INCL BLK 29
Tax Annual Amount 7273
Legal Description CITY OF MUSKEGON GLENSIDE SUBDIVISION 2 LOTS 14 TO 19 INCL BLK 29

Utilities

Utilities Cable Available
Heating system Radiant, Hot Water(Heating), Forced Air
Cooling system Central Air

Building Details

Year built 1930
Number of units 2
Building materials Vinyl Siding, Wood Siding
Roof type Rubber
Buildings 1
Listing Agency: Five Star Real Estate
Listed By: Randy Lynn Klingel · License #6502341815
Added: Aug 24 Changed: Oct 30 Last Checked: Oct 30 at 1:06PM
MLS# 26044878

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.

Rey
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Investment Insights

Based on property information with market context.

The property combines a 3,777-square-foot restaurant with a 1,860-square-foot apartment and a 1,860-square-foot basement. Restaurant seating accommodates 99 guests, with additional courtyard seating. The furnished apartment has been updated with new appliances, flooring, paint, a washer and dryer, and a private deck. The building dates to 1930 and has central air conditioning, forced-air, radiant and hot-water heating, and a rubber roof.

Set on a 0.57-acre corner lot, the property has two access points and parking for 50 cars. It is on W. Sherman Boulevard, two blocks west of Business 31, between Business 31 and Glenside Boulevard; the stated traffic count is more than 16,000 cars per day. Exterior work includes fresh paint, new asphalt with striped spaces, landscaping, and underground sprinkling.

The sale includes the real estate, inventory, furniture, fixtures, equipment, and operating licenses.

Key Highlights

  • 3,777‑square‑foot restaurant with seating for 99 and additional courtyard seating
  • 1,860‑square‑foot furnished apartment with updated finishes, appliances, washer and dryer, and private deck
  • Separate 1,860‑square‑foot basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby
59k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A furnished, updated apartment accompanies restaurant space with indoor and courtyard seating.
Where is this mixed-use property located?
The property is located at 1308 W Sherman Boulevard 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 seating for 99 and additional courtyard seating; 1,860‑square‑foot furnished apartment with updated finishes, appliances, washer and dryer, and private deck; Separate 1,860‑square‑foot basement
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