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Second-Floor Retail Suite
New
For Lease
$26 SF/Yr

221 W Webster Avenue, Muskegon, MI 49440

Commercial Lease, Muskegon, MI

Space SizeContact for details
Lot Size2.10 Acres
Days on Market1

Property Features for 221 W Webster Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description B-3
Rooms Basement
Fireplace 1
Elementary school district Muskegon
Middle school district Muskegon
High school district Muskegon
Standard status Active
APN 61-24-205-333-0001-00
Size 395 SF
Lot size 2.10 Acres

Taxes and HOA fees

Tax Description CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 1 TO 9 INCL BLK 333
Legal Description CITY OF MUSKEGON REVISED PLAT OF 1903 LOT 1 TO 9 INCL BLK 333

Utilities

Utilities Cable Available
Heating system Hot Water(Heating)
Cooling system Central Air

Amenities

on-site gym
food hall
bar

Building Details

Year built 1962
Building materials Concrete
Roof type Rubber
Listing Agency: Core Realty Partners LLC
Listed By: Troy Wasserman · License #6501349494
Added: Oct 5 Last Checked: Oct 5 at 8:06PM
MLS# 26052866

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 395-square-foot retail suite occupies the second floor of a concrete building constructed in 1962. The building was formerly a bank and includes office tenants on floors three through six. A basement gym and first-floor food hall and bar are also on site.

The suite has central air conditioning and hot water heat. The property is at 221 W Webster Avenue in Muskegon.

Key Highlights

  • 395 square feet on the second floor
  • Located in a former bank building constructed in 1962
  • Food hall and bar on the first floor; gym in the basement

Property Analytics

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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
$3.90 /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
View Realmo Analytics

Market

Lease Benchmarks for Muskegon, MI

$12.73 /SF/Yr
Avg Asking Price
$4.56–$36 /SF/Yr
Price Range
19,791 SF
Avg Space Size

This space is priced 104% above the average of $12.73 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The suite is within a building with food, beverage, fitness, and office uses.
Where is this retail space located?
The property is located at 221 W Webster Avenue Muskegon, MI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 395 square feet on the second floor; Located in a former bank building constructed in 1962; Food hall and bar on the first floor; gym in the basement
More about this property
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