Steel Flex Warehouse
2695 Hein Road #C-3 Muskegon, MI 49445
2695 Hein Road #C-3, Muskegon, MI, 49445
$209,900
For Sale
$209,900
Fully finished steel unit with 18-foot ceilings, 14-by-14 overhead door, and full bath, plus city water and sewer.
Property Size1,500 SF
Price / SF$139.93
Days on Market61
Property Features for 2695 Hein Road #C-3
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing Agency
RE/MAX Lakeshore
(616) 638-3900
Listed by
Sandi L Gentry · License #6506045021
(616) 638-3900
Source
Carolbollo
Added: May 19 Checked: Jul 18 at 2:06 am
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 RE/MAX Lakeshore
Investment Insights
Based on property information with market context.
This fully finished steel flex warehouse unit measures 25 by 60 and is designed for both storage and functional interior use. The space includes 6-inch concrete floors, 18-foot ceilings with lighting and a ceiling fan, and a 14-by-14 overhead door for practical access. A full bath is built into the unit, and the interior is served by two mini-split systems for heating and cooling.
The unit also includes 3-phase power, city water and sewer, and fast fiber internet. The professionally maintained association is reported to be $75 per month and covers snow removal and common area upkeep.
Access is convenient to Highway 31, with the property described as located just minutes away.
The unit also includes 3-phase power, city water and sewer, and fast fiber internet. The professionally maintained association is reported to be $75 per month and covers snow removal and common area upkeep.
Access is convenient to Highway 31, with the property described as located just minutes away.
Key Highlights
- 25 x 60 steel unit with fully finished interior
- 18' ceilings with lights and ceiling fan; 6'' concrete floors
- 14 x 14 overhead door for drive‑in access
Local Financial Insights For Warehouse
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 | $21.1k | $14.04 |
| − Vacancy | −$505 | −$0.34 |
| EGI | $20.6k | $13.70 |
| − OpEx | −$3.1k | −$2.06 |
| NOI | $17.5k | $11.65 |
1,500 SF · lease $14.04/SF/yr · vacancy 2.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$249.6K
$218.4K – $291.2K
NOI $17,471 @ 7.0% cap · market cap 8.32%
Second Best
Industrial
$205.5K
$179.9K – $239.8K
NOI $14,388 @ 7.0% cap · market cap 6.85%
Theoretical Best
Hotel Hospitality
$14.09M
$12.33M – $16.43M
NOI $986,059 @ 7.0% cap · market cap 469.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully finished steel unit with 18-foot ceilings, 14-by-14 overhead door, and full bath, plus city water and sewer.
Where is this flex space located?
The property is located at 2695 Hein Road #C-3 Muskegon, MI.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 25 x 60 steel unit with fully finished interior; 18' ceilings with lights and ceiling fan; 6'' concrete floors; 14 x 14 overhead door for drive‑in access
