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Second-Floor Retail Suite

221 W Webster Avenue #2G, Muskegon, MI 49440

For Lease
$28 SF/Yr

The suite occupies a restored former bank building with a food hall, bar, and gym elsewhere on site.

Space SizeContact for details
Property Size568 SF
Days on Market9

Property Features for 221 W Webster Avenue #2G

General Information

Standard status Active
Size 568 SF
Zoning B-3
Lease Term 12-120 Months

Additional Details

Floor 2
Anchor Co-Tenants Port City Tattoo, St. Boniface Barbershop, Alchemy Salon, Lexi Fogle photographer, Liquid Assets

Amenities

On-site gym
Food hall
Bar

Building Details

Building Size 568 SF
Year Built 1962
Buildings 1
Tenancy Multi
Listing Agency: Core Realty Partners LLC
Listed By: Troy Wasserman · License MI #6501349494
Source: Alleyrealestatesales
Added: Nov 2 Changed: Nov 7 Last Checked: Nov 9 at 2:29AM

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 Core Realty Partners LLC

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Investment Insights

Based on property information with market context.

This 568-square-foot retail suite is on the second floor of a former bank building constructed in 1962. The property has been restored, and the building includes a gym in the basement and a food hall and bar on the first floor. The suite is zoned B-3.

Other occupants include lifestyle and creative businesses on the second floor, with office tenants on floors three through six. The property is at 221 W Webster Avenue in downtown Muskegon.

Key Highlights

  • 568‑square‑foot second‑floor retail suite
  • Located in a restored former bank building constructed in 1962
  • B‑3 zoning

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 Auto Parts Store Hair Salon Real Estate Agency Auto Repair Shop Nail Salon

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,387
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 37%
Burger King Dining
5,489 visits/mo 0.2 miles
Shell Shops & Services
3,232 visits/mo 0.2 miles

Demographics for 49440, MI

1,320
Population
860
Households
1.5
Avg Household Size
44
Median Age
36%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
2,200
Density / Sq Mi
$42,500
Median Household Income
$37,067
Median Earnings
$791
Median Rent
$163,100
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

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

This space is priced 100% above the average of $14 /SF/Yr.

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 suite occupies a restored former bank building with a food hall, bar, and gym elsewhere on site.
Where is this retail space located?
The property is located at 221 W Webster Avenue #2G Muskegon, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 568‑square‑foot second‑floor retail suite; Located in a restored former bank building constructed in 1962; B‑3 zoning
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