Standalone Storefront with
For Sale
$284,900
2256 E Apple Avenue, Muskegon, MI 49442
Commercial Sale, Muskegon, MI
Property Size2,418 SF
Lot Size1.22 Acres
Price / SF$117.82
Days on Market261
Property Features for 2256 E Apple Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Interior features
Broadband
Elementary school district
Orchard View
Middle school district
Orchard View
High school district
Orchard View
Directions
US 31 to Apple Ave exit, East to 2256/2260 E. Apple Ave between Quarterline and Sheridan on the north side of the road.
Standard status
Active
APN
62-10-688-012-0005-00
Size
2,418 SF
Lot size
1.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lengthy Legal See Attached Documents
Tax Annual Amount
4296
Legal Description
Lengthy Legal See Attached Documents
Utilities
Utilities
Cable Available
Heating system
Forced Air
Building Details
Year built
1959
Number of units
1
Listing Agency:
Besteman Properties Group Inc.
(616) 724-3000
Listed By:
Susan Besteman · License #6502417127
(616) 890-0198
Added: Jan 28
Changed: Oct 8
Last Checked: Oct 16 at 10:06AM
MLS# 26003281
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.
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Investment Insights
Based on property information with market context.
This property includes a 2418-square-foot, one-story commercial building with a storefront layout, forced-air heat, broadband, and cable availability. The structure was built in 1959 and has on-site parking. A house behind the commercial building is included within the same 1.22-acre parcel.
The property fronts Apple Avenue with 143 feet of road frontage and sits east of US 31 in Muskegon. Nearby commercial uses include a quick oil-change and car-wash business to the west and a jewelry store to the east. Baker College and Muskegon Community College are approximately 3/4 mile away.
The site carries C1 zoning. The commercial building was formerly used for powersports and marine sales and service, including personal watercraft, ATVs, and UTVs.
The property fronts Apple Avenue with 143 feet of road frontage and sits east of US 31 in Muskegon. Nearby commercial uses include a quick oil-change and car-wash business to the west and a jewelry store to the east. Baker College and Muskegon Community College are approximately 3/4 mile away.
The site carries C1 zoning. The commercial building was formerly used for powersports and marine sales and service, including personal watercraft, ATVs, and UTVs.
Key Highlights
- 2418‑square‑foot, one‑story commercial building
- 1.22‑acre parcel with 143 feet of road frontage
- C1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,194
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,880
$463.9K
Cap Rate 7%
$331,343
$331.3K
Cap Rate 9%
$257,711
$257.7K
Market Conditions
NOI Build-Up for 2,418 SF
Gross rent
$33.9K $14.04/SF
− Vacancy
−$815 −$0.34/SF
EGI
$33.1K $13.70/SF
− OpEx
−$9.9K −$4.11/SF
NOI
$23.2K $9.59/SF
Area
Muskegon County, MI
Vacancy
2.40%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,880
Cap Rate 7%
$331,343
Cap Rate 9%
$257,711
Alternative Uses
Best Use
Retail
$446.5K
$390.7K – $521.0K
NOI $31,257 @ 7.0% cap · market cap 10.97%
Second Best
Industrial
$331.3K
$289.9K – $386.6K
NOI $23,194 @ 7.0% cap · market cap 8.14%
Theoretical Best
Hotel Hospitality
$22.71M
$19.87M – $26.49M
NOI $1,589,526 @ 7.0% cap · market cap 557.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 13%
Groceries 12%
Electronics 8%
Corner Store
Shops & Services
11,049 visits/mo
0.2 miles
Dollar General
Shops & Services
8,273 visits/mo
0.4 miles
Save-A-Lot
Groceries
7,628 visits/mo
0.2 miles
Little Caesars Pizza
Dining
6,832 visits/mo
0.1 miles
The UPS Store
Shops & Services
6,136 visits/mo
0.5 miles
Demographics for 49442, MI
45,342
Population
17,759
Households
2.6
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
41.0 sq mi
ZIP Area
1,106
Density / Sq Mi
$50,069
Median Household Income
$33,257
Median Earnings
$889
Median Rent
$116,100
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 Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - C1-zoned, one-story commercial building includes a separate house on the parcel.
Where is this storefront property located?
The property is located at 2256 E Apple Avenue Muskegon, MI.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 2418‑square‑foot, one‑story commercial building; 1.22‑acre parcel with 143 feet of road frontage; C1 zoning
