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Retail Space with Build-Out Potential

2037 E Laketon Avenue, Muskegon, MI 49442

For Lease
$14 SF/Yr

Commercial Lease, Muskegon, MI

Space Size3,600 SF
Lot Size1.35 Acres
Days on Market75

Property Features for 2037 E Laketon Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description M
Fireplace 1
Elementary school district Orchard View
Middle school district Orchard View
High school district Orchard View
Standard status Active
APN 10-185-002-001-00
Size 1,800 SF
Lot size 1.35 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Attached.
Legal Description Attached.

Utilities

Utilities Natural Gas Available
Heating system Forced Air

Building Details

Year built 1960
Building materials Wood Siding, Brick, Stone
Roof type Composition
Listing Agency: Core Realty Partners LLC
Listed By: Bryan D Bench · License #6501293444
Added: Aug 24 Changed: Oct 27 Last Checked: Nov 6 at 11:06PM
MLS# 26044622

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 retail premises are in gray-box condition, with the building owner willing to coordinate a tenant build-out. The remaining portion of the building is occupied by a bar and restaurant.

Located at 2037 E Laketon Avenue in Muskegon, the property is just east of the US 31 interchange. The parcel comprises 1.35 acres.

Key Highlights

  • Gray‑box retail premises with owner cooperation on tenant build‑out
  • At 2037 E Laketon Avenue in Muskegon, just east of the US 31 interchange
  • The rest of the building is occupied by a bar and restaurant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Hair Salon Spa & Massage Center Nail Salon Gym & Fitness Center Grocery & Convenience Store

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Johnstone Supply Home Improvements & Furnishings
1,731 visits/mo 0.4 miles

Demographics for 49442, MI

45,342
Population
17,759
Households
2.6
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
41.0 sq mi
ZIP Area
1,106
Density / Sq Mi
$50,069
Median Household Income
$33,257
Median Earnings
$889
Median Rent
$116,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Muskegon, MI

$14 /SF/Yr
Avg Asking Price
$4.56–$36 /SF/Yr
Price Range
15,418 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Muskegon, MI

$13.28 Jul
$12.71 Aug
$12.68 Sep
$13.66 Oct

Properties on Market for Retail space in Muskegon

Jul
Aug
Sep
Oct

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?
Retail space - The owner is open to coordinating improvements with a tenant based on the proposed use and commitment.
Where is this retail space located?
The property is located at 2037 E Laketon Avenue Muskegon, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Gray‑box retail premises with owner cooperation on tenant build‑out; At 2037 E Laketon Avenue in Muskegon, just east of the US 31 interchange; The rest of the building is occupied by a bar and restaurant
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