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Office Building
For Lease
$71 SF/Yr

221 W Webster Ave 512, Muskegon, MI 49440

Available lease terms range from 12 to 120 months.

Space SizeContact for details
Days on Market23

Property Features for 221 W Webster Ave 512

General Information

Standard status Active
Property subtype Commercial

Additional Details

Lease Term 120 months

Building Details

Year Built 1962
Units 14
Listing Agency: Core Realty Partners LLC
Listed By: Bryan D Bench · License #6501349494
Source: Elliman
Added: Jul 30 Changed: Aug 13 Last Checked: Aug 20 at 10:06AM

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

Investment Insights

Based on property information with market context.

Office building located at 221 W Webster Ave, Suite 512, in Muskegon, Michigan. The property was built in 1962 and is offered for lease with terms ranging from 12 to 120 months.

The location has a bikeScore of 64, classified as Bikeable, and a walkScore of 50, classified as Car-Dependent.

Key Highlights

  • Office property at 221 W Webster Ave, Suite 512, Muskegon, MI 49440
  • Lease terms available from 12 to 120 months
  • Built in 1962

Property Analytics

Current Use

Office buildings

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

NNN (Triple Net)
Lease Type
$10.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,387
Businesses Nearby

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

Market

Lease Benchmarks for Muskegon, MI

$39.19 /SF/Yr
Avg Asking Price
$8–$75 /SF/Yr
Price Range
14,558 SF
Avg Space Size

This space is priced 81% above the average of $39.19 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Available lease terms range from 12 to 120 months.
Where is this office building located?
The property is located at 221 W Webster Ave 512 Muskegon, MI.
What is the lease rate?
The lease rate is $71 SF/Yr.
What are key features of this property?
This property features: Office property at 221 W Webster Ave, Suite 512, Muskegon, MI 49440; Lease terms available from 12 to 120 months; Built in 1962
More about this property
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