Finished Flex Warehouse Unit

2695 Hein Road Unit D-2 Muskegon, MI 49445

Claim this Listing
For Sale
$199,900

A steel warehouse unit with finished interior, 3-phase power, and a 14x14 overhead door for flexible business use.

Type:General Commercial
Property size:
1,500 SF
Price / SF:
$133/SF
Added:
Apr 6, 2026
Days on Market:
99
Last Refresh:
Jun 14 at 2:11 am

Property Features for 2695 Hein Road Unit D-2

General Information

Standard status
Active
Size
1,500 SF
Property subtype
General Commercial

Building Details

Year Built
2025

Listing office RE/MAX Lakeshore

Listing date Apr 6, 2026

Source Xome

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 25 x 60 steel unit offers a fully finished interior with substantial durability and clear working-height utility. The space includes 6-inch concrete floors, 18-foot ceilings with lights and a ceiling fan, and a 14 x 14 overhead door for straightforward loading and receiving. Interior amenities are built in, including a full bath and two mini-split systems for heating and cooling. Services include 3-phase power, city water and sewer, and fast fiber internet.

The unit is located in a professionally maintained association with dues listed as $75 per month, covering snow removal and common area upkeep. The property is described as just minutes from Highway 31, supporting convenient access for day-to-day operations.

Designed to support both operational needs and workplace functionality, this unit can work well for tenants seeking a warehouse environment with an already-finished setup. The combination of overhead door access, high ceilings, and built-in utilities makes it suitable for business use cases that require light production, storage, and office-like functionality within the same space.

Key Highlights

  • 25' x 60' steel unit with a fully finished interior
  • 18' ceilings with lights and a ceiling fan
  • 14' x 14' overhead door for convenient 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 8.74%
Second Best
Industrial
$205.5K
$179.9K – $239.8K (±1% cap)
NOI $14,388 @ 7.0% cap · market cap 7.20%
Theoretical Best
Hotel Hospitality
$14.09M
$12.33M – $16.43M (±1% cap)
NOI $986,059 @ 7.0% cap · market cap 493.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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 - A steel warehouse unit with finished interior, 3-phase power, and a 14x14 overhead door for flexible business use.
Where is this flex space located?
The property is located at 2695 Hein Road Unit D-2 Muskegon, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 25' x 60' steel unit with a fully finished interior; 18' ceilings with lights and a ceiling fan; 14' x 14' overhead door for convenient access
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