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    Freestanding Corner Retail Building Title is generated by Realmo AI

    24 South Beechtree Street, Grand Haven, MI 49417

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    Single-story corner retail building with strong frontage and visibility, suitable for an owner-user or redevelopment.

    Type:Retail
    Property size:
    1,877 SF
    Price / SF:
    $159/SF
    Added:
    Jun 9, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 20 at 7:29 am

    Property Features for 24 South Beechtree Street

    General Information

    Standard status
    Active
    Size
    1,877 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1926

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    Listing Contact
    Steve Wilson

    Listing agent Steve Wilson License #MI

    Listing office Northstar Commercial - Grand Haven

    Listing date Jun 9, 2026

    Source Crexi

    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 Northstar Commercial - Grand Haven

    HighLights

    • Freestanding single‑story retail building built in 1926
    • 1,877 SF single‑story retail building, most recently operated as Lakeview Marine & Tackle
    • Located on the corner of South Beechtree Street and Franklin Avenue in Grand Haven
    • Corner parcel with strong street frontage and visibility

    Overview

    This freestanding, single-story retail building offers approximately 1,877 square feet and is situated on a corner parcel. The property was most recently operated as Lakeview Marine & Tackle, supporting straightforward retail use. It is positioned to serve customers coming from multiple directions thanks to its corner configuration.

    Located at the corner of South Beechtree Street and Franklin Avenue in Grand Haven, the building benefits from street frontage and visibility on an established South Beechtree commercial corridor. The site’s corner presence is designed to capture passing traffic and improve exposure to both street directions.

    The layout and existing retail orientation make the property a practical fit for an owner-user looking to establish or relocate a storefront business. It also presents an option for buyers considering redevelopment along an active commercial corridor, leveraging the site’s frontage and visibility for a new retail concept.

    Local Financial Insights For Retail

    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 $29.1k $15.48
    − Vacancy −$1.2k −$0.65
    EGI $27.8k $14.83
    − OpEx −$8.4k −$4.45
    NOI $19.5k $10.38
    1,877 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $278.4K
    $243.6K – $324.8K (±1% cap)
    NOI $19,485 @ 7.0% cap · market cap 6.52%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $23.34M
    $20.42M – $27.23M (±1% cap)
    NOI $1,633,870 @ 7.0% cap · market cap 546.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Lakeview Marine & Tackle (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Haven
    County
    Ottawa
    State
    Michigan
    Longitude
    -86.2055933
    Latitude
    43.0605394

    FAQs

    What type of property is this?
    Storefront property - Single-story corner retail building with strong frontage and visibility, suitable for an owner-user or redevelopment.
    Where is this storefront property located?
    The property is located at 24 South Beechtree Street Grand Haven, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Freestanding single‑story retail building built in 1926; 1,877 SF single‑story retail building, most recently operated as Lakeview Marine & Tackle; Located on the corner of South Beechtree Street and Franklin Avenue in Grand Haven
    More about this property
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