Heated Storage Flex
2930 Heights Ravenna Road Muskegon, MI 49444
New
For Sale
$195,000
Updated 3,375-sf heated storage facility with Wi-Fi and 7' x 6' steel roll-up doors.
Property Size3,375 SF
Price / SF$57.78
Days on Market5
Property Features for 2930 Heights Ravenna Road
General Information
Standard status
Active
Size
3,375 SF
Property subtype
Commercial
Building Details
Year Built
1984
Listing Agency:
RE/MAX Lakeshore
(616) 638-3900
Listed By:
Sandi L Gentry · License #6506045021
(616) 638-3900
Source:
Thebrokeragehouse
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 28 at 5:22PM
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.
Updated heated storage flex facility offering 3,375 square feet of usable space. The building includes Wi-Fi access and 7' x 6' steel roll-up doors for secure, convenient entry. A dedicated utility room with furnace and electrical service supports temperature control and streamlined maintenance.
The property is located at 2930 Heights Ravenna Road in Muskegon along a high-traffic corridor between Muskegon and Coopersville, providing visibility and easy access to surrounding communities and major routes.
The seller is willing to remove existing interior walls and doors to create a more open layout, subject to negotiation and inclusion in the purchase agreement. The configuration supports a range of storage and small business applications, including secure storage for equipment, tools, inventory overflow, and documents, as well as seasonal vehicle or recreational storage.
The property is located at 2930 Heights Ravenna Road in Muskegon along a high-traffic corridor between Muskegon and Coopersville, providing visibility and easy access to surrounding communities and major routes.
The seller is willing to remove existing interior walls and doors to create a more open layout, subject to negotiation and inclusion in the purchase agreement. The configuration supports a range of storage and small business applications, including secure storage for equipment, tools, inventory overflow, and documents, as well as seasonal vehicle or recreational storage.
Key Highlights
- Updated 3,375 SF heated storage facility (built 1984) at 2930 Heights Ravenna Rd, Muskegon
- Heated storage plus a dedicated utility room with furnace and electrical service
- Secure 7' x 6' steel roll‑up doors for convenient, secure access
Financial Insights For Flex RnD
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 | $23.1k | $6.84 |
| − Vacancy | −$669 | −$0.20 |
| EGI | $22.4k | $6.64 |
| − OpEx | −$7.8k | −$2.32 |
| NOI | $14.6k | $4.32 |
3,375 SF · lease $6.84/SF/yr · vacancy 2.90% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$561.6K
$491.4K – $655.2K
NOI $39,311 @ 7.0% cap · market cap 20.16%
Second Best
Self Storage
$466.4K
$408.1K – $544.2K
NOI $32,650 @ 7.0% cap · market cap 16.74%
Theoretical Best
Hotel Hospitality
$31.69M
$27.73M – $36.98M
NOI $2,218,632 @ 7.0% cap · market cap 1,137.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Gawlik's Catering — 3426 Scotch Pine Dr, Muskegon, MI 49444
Frequently Asked Questions
What type of property is this?
Flex space - Updated 3,375-sf heated storage facility with Wi-Fi and 7' x 6' steel roll-up doors.
Where is this flex space located?
The property is located at 2930 Heights Ravenna Road Muskegon, MI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Updated 3,375 SF heated storage facility (built 1984) at 2930 Heights Ravenna Rd, Muskegon; Heated storage plus a dedicated utility room with furnace and electrical service; Secure 7' x 6' steel roll‑up doors for convenient, secure access
