Back to Search
Remodeled Retail Showroom Building

S 2184 S Getty Street Unit SourceFi Muskegon, MI 49444

S 2184 S Getty Street Unit SourceFi, Muskegon, MI, 49444
$129,900
For Sale
$129,900

Remodeled showroom building with restroom, lobby, office, one-stall garage, and ample front, side, and rear parking.

Property Size720 SF
Price / SF$180.42
Days on Market167

Property Features for S 2184 S Getty Street Unit SourceFi

General Information

Standard status
Active
Size
720 SF
Property subtype
Industrial

Building Details

Year Built
1974
Listing Agency Coldwell Banker Woodland Schmidt ART Office
Listed by Cristi Brophy · License #6501372915
Source Xome
Added: Feb 2 Checked: Jul 19 at 1:58 am

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 Coldwell Banker Woodland Schmidt ART Office


Investment Insights

Based on property information with market context.

This remodeled retail showroom building includes a restroom, lobby, and office, along with a one-stall garage. Updates include new windows, doors, flooring, bathroom improvements, and a new business sign. Plenty of parking is available in front, as well as along the side and rear of the building.

The property is located at S 2184 S Getty Street Unit SourceFi in Muskegon, MI 49444. The site has previously been used as a car lot and has performed well under that configuration.

The listing is for sale, and the owner indicates they are not interested in renting. The remarks also note that the transaction will not be structured as a land contract.

Key Highlights

  • Remodeled showroom building with a restroom, lobby, and office space
  • Includes 1‑stall garage plus ample parking in the front, side, and rear of the building
  • Recent updates include new windows, new doors, new flooring, and an updated bathroom

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $13.7k $18.96
− Vacancy −$355 −$0.49
EGI $13.3k $18.47
− OpEx −$4.0k −$5.54
NOI $9.3k $12.93
720 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$133.0K
$116.3K – $155.1K (±1% cap)
NOI $9,307 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$6.76M
$5.92M – $7.89M (±1% cap)
NOI $473,308 @ 7.0% cap · market cap 364.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Showrooms

Suggested Use

Law Firm Real Estate Agency Electrical Service Dental Office Bakery Accounting Firm Computer & Electronic Repair Hair Salon Nail Salon Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Showroom - Remodeled showroom building with restroom, lobby, office, one-stall garage, and ample front, side, and rear parking.
Where is this showroom located?
The property is located at S 2184 S Getty Street Unit SourceFi Muskegon, MI.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Remodeled showroom building with a restroom, lobby, and office space; Includes 1‑stall garage plus ample parking in the front, side, and rear of the building; Recent updates include new windows, new doors, new flooring, and an updated bathroom
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message