Office Units with
For Sale
$174,900
2115 E Sternberg Road, Muskegon, MI 49444
Commercial Sale, Muskegon, MI
Property Size2,800 SF
Lot Size1.14 Acres
Price / SF$62.46
Days on Market139
Property Features for 2115 E Sternberg Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Fruitport
Middle school district
Fruitport
High school district
Fruitport
Directions
US-31 to Sternberg rd. East. Head east on Sternberg rd. Property is on the Southside of the road.
Standard status
Active
APN
15-122-400-0015-00
Size
2,800 SF
Lot size
1.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SEE ATTACHED
Tax Annual Amount
4649
Legal Description
SEE ATTACHED
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Radiant
Water source
Well
Building Details
Year built
1978
Floors in Building
1
Number of units
2
Building materials
Brick
Roof type
Composition
Listing Agency:
Coldwell Banker Woodland Schmidt Grand Haven
(616) 844-9000
Listed By:
Lucas Haltenhoff · License #6501403320
(616) 502-2869
Added: May 21
Changed: Oct 1
Last Checked: Oct 6 at 1:06AM
MLS# 26024041
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 1.14-acre property includes a 2,800-square-foot brick building constructed in 1978, along with a second workshop and storage area. The primary structure was previously used as a house and is positioned for conversion into office suites or another business-related configuration. Radiant heat, a composition roof, well water, septic service, and cable availability are documented. One bathroom is identified in the property information.
The property is located on E Sternberg Road in Fruitport Township, near The Lakes Mall, Meijer, Target, and other established businesses. Its combination of an existing building, additional workshop space, and open land supports a range of commercial planning concepts, subject to applicable approvals.
The property is located on E Sternberg Road in Fruitport Township, near The Lakes Mall, Meijer, Target, and other established businesses. Its combination of an existing building, additional workshop space, and open land supports a range of commercial planning concepts, subject to applicable approvals.
Key Highlights
- 1.14‑acre parcel in Fruitport Township
- 2,800‑square‑foot brick building constructed in 1978
- Second workshop with storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,088
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,760
$241.8K
Cap Rate 7%
$172,686
$172.7K
Cap Rate 9%
$134,311
$134.3K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$19.2K $6.84/SF
− Vacancy
−$555 −$0.20/SF
EGI
$18.6K $6.64/SF
− OpEx
−$6.5K −$2.32/SF
NOI
$12.1K $4.32/SF
Area
Muskegon County, MI
Vacancy
2.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,760
Cap Rate 7%
$172,686
Cap Rate 9%
$134,311
Alternative Uses
Best Use
Office B
$440.7K
$385.6K – $514.1K
NOI $30,846 @ 7.0% cap · market cap 17.64%
Second Best
Industrial
$383.7K
$335.7K – $447.6K
NOI $26,858 @ 7.0% cap · market cap 15.36%
Theoretical Best
Hotel Hospitality
$26.29M
$23.01M – $30.68M
NOI $1,840,643 @ 7.0% cap · market cap 1,052.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 49444, MI
26,281
Population
11,635
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
91%
High-School Grad
24.7 sq mi
ZIP Area
1,064
Density / Sq Mi
$52,143
Median Household Income
$34,423
Median Earnings
$941
Median Rent
$159,200
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Brick commercial property with a separate workshop and storage area on a sizable township parcel.
Where is this office units located?
The property is located at 2115 E Sternberg Road Muskegon, MI.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 1.14‑acre parcel in Fruitport Township; 2,800‑square‑foot brick building constructed in 1978; Second workshop with storage area
