Commercial Property on Apple
2256 E Apple Avenue Muskegon, MI 49442
2256 E Apple Avenue, Muskegon, MI, 49442
$284,900
For Sale
$284,900
COMMERCIAL - Muskegon, MI
Property Size2,418 SF
Lot Size1.22 Acres
Price / SF$117.82
Days on Market170
Property Features for 2256 E Apple Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Broadband
- 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
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
1671 Mulder Drive, Muskegon, MI
Listed by
Susan Besteman · License #6502417127
(616) 890-0198
Added: Jan 28 Checked: Jul 17 at 8:06 pm
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.
Investment Insights
Based on property information with market context.
This commercial property is situated on high-traffic Apple Ave, just east of US 31, offering great visibility. It is located approximately 3/4 mile from Baker and Muskegon Community Colleges. The stand-alone, one-story commercial building is constructed of solid cinder block and includes ample parking. Zoned C1, the property offers many opportunities. Previously, the site housed a successful M46 Power Sports & Marine business, which operated as a motor sports dealership and serviced personal watercraft, ATVs, and UTVs. The property includes a house behind the commercial building and is part of a 1.22-acre parcel with 143 feet of road frontage. The building size is 2418 square feet.
Key Highlights
- High‑traffic location on Apple Ave. near US 31 with excellent visibility.
- Zoned C1, offering many commercial opportunities.
- Large 1.22 acre parcel with 143 ft of road frontage.
Local Financial Insights For Industrial
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 | $33.9k | $14.04 |
| − Vacancy | −$815 | −$0.34 |
| EGI | $33.1k | $13.70 |
| − OpEx | −$9.9k | −$4.11 |
| NOI | $23.2k | $9.59 |
2,418 SF · lease $14.04/SF/yr · vacancy 2.40% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Automotive property - High-visibility commercial property with ample parking and road frontage.
Where is this automotive 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: High‑traffic location on Apple Ave. near US 31 with excellent visibility.; Zoned C1, offering many commercial opportunities.; Large 1.22 acre parcel with 143 ft of road frontage.
