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Corner Retail Space with Two Units
For Lease
$1,950/Mo

1965 Lakeshore Drive, Muskegon, MI 49441

Commercial Lease, Muskegon, MI

Space Size1,260 SF - 1,350 SF
Lot Size0.19 Acres
Days on Market651

Property Features for 1965 Lakeshore Drive

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description LFBC-LC
Parking features Driveway
Fireplace 1
Elementary school district Muskegon
Middle school district Muskegon
High school district Muskegon
Directions Laketon to Lakeshore West to property.
Subdivision Muskegon County - M
Standard status Active
APN 6124205627000500
Size 5,133 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 5 BLK 627
Legal Description CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 5 BLK 627

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1981
Building materials Block, Stone
Listing Agency: Greenridge - Nexes
Listed By: Anthony Nanna · License #6501379454
Added: Dec 30, 2024 Changed: Oct 8 Last Checked: Oct 12 at 1:06AM
MLS# 24064106

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.

Investment Insights

Based on property information with market context.

This 5,133-square-foot retail property includes three units, with two suites currently available for lease. The available spaces measure 1,350 square feet and 1,260 square feet, offering potential layouts for retail, office, or service businesses. Build-out terms are negotiable. The building was constructed in 1981 and features block and stone construction, forced-air heating, central air, driveway parking, a fireplace, and natural gas availability.

Located at 1965 Lakeshore Drive in Muskegon, the property occupies a 0.19-acre site near the Lakeshore Social District. It is positioned across from a marina on Muskegon Lake and the Lake Express Ferry port, with the listing describing the site as a high-traffic corner location. The property’s three-unit configuration provides flexibility for multiple commercial occupants or suite arrangements.

Key Highlights

  • Two of three units available for lease
  • Available suites measure 1,350 sqft and 1,260 sqft
  • 5,133 square feet of total property size

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Pharmacy

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

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

Lease Benchmarks for Muskegon, MI

$12.96 /SF/Yr
Avg Asking Price
$4.56–$36 /SF/Yr
Price Range
19,378 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Two available suites support retail, office, or service-oriented commercial uses.
Where is this retail space located?
The property is located at 1965 Lakeshore Drive Muskegon, MI.
What is the lease rate?
The lease rate is $1,950/Mo.
What are key features of this property?
This property features: Two of three units available for lease; Available suites measure 1,350 sqft and 1,260 sqft; 5,133 square feet of total property size
More about this property
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