Back to Search
Steel Flex Warehouse Unit

2695 Hein Road #D-4 Muskegon, MI 49445

2695 Hein Road #D-4, Muskegon, MI, 49445
$209,900
For Sale
Claim this Listing
$209,900

Fully finished steel warehouse unit with 18-foot ceilings, a 14x14 overhead door, and a full bath.

Property Size1,500 SF
Price / SF$139.93
AddedMay 13
Days on Market63
Last RefreshJul 14 at 2:29 am

Property Features for 2695 Hein Road #D-4

General Information

Standard status
Active
Size
1,500 SF
Property subtype
Commercial

Building Details

Year Built
2025

Listing office RE/MAX Lakeshore

Listing date May 13, 2026

Source Phgrealty

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 immaculate steel flex warehouse unit measures 25 x 60 and features a fully finished interior designed for practical day-to-day use. The space includes 6-inch concrete floors, 18-foot ceilings with lighting and a ceiling fan, and a 14 x 14 overhead door. For comfort and efficiency, there are two mini-split systems, along with a full bath. The unit is equipped with 3-phase power and city water and sewer, and it offers fast fiber internet for modern business needs.

The property is located just minutes from Highway 31, providing straightforward access for operations and deliveries. It is part of a professionally maintained association with monthly dues of $75, which cover snow removal and common area upkeep.

The combination of high ceilings, substantial floor construction, and utilities makes the unit well-suited for a variety of storage and operational setups within a managed association environment.

Key Highlights

  • 2025‑built 25 x 60 steel unit with a fully finished interior
  • 18' ceilings with lighting and a ceiling fan for a tall, bright interior
  • 14 x 14 overhead door for convenient loading and 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 (±1% cap)
NOI $17,471 @ 7.0% cap · market cap 8.32%
Second Best
Industrial
$205.5K
$179.9K – $239.8K (±1% cap)
NOI $14,388 @ 7.0% cap · market cap 6.85%
Theoretical Best
Hotel Hospitality
$14.09M
$12.33M – $16.43M (±1% cap)
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

Suggested Use

Dental Office Auto Parts Store Furniture & Home Goods Grocery & Convenience Store Nail Salon Hair Salon Garden Center Locksmith Computer & Electronic Repair Veterinary Clinic

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

FAQs

What type of property is this?
Flex space - Fully finished steel warehouse unit with 18-foot ceilings, a 14x14 overhead door, and a full bath.
Where is this flex space located?
The property is located at 2695 Hein Road #D-4 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: 2025‑built 25 x 60 steel unit with a fully finished interior; 18' ceilings with lighting and a ceiling fan for a tall, bright interior; 14 x 14 overhead door for convenient loading and access
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message