Office Building with Private
3105 Henry Street, Muskegon, MI 49441
For Sale
New
$240,000
Commercial Sale, Muskegon, MI
Property Size1,600 SF
Lot Size0.25 Acres
Price / SF$150
Days on Market4
Property Features for 3105 Henry Street
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Interior features
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Amenities
private offices
lobby
entryway
kitchen
bathroom
Building Details
Year built
Number of units
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams GR East · Keller Williams Realty
(616) 575-1800
Listed By:
Jason R Carpenter · License MI #6502430921
(616) 334-2630
Added: Nov 11
Last Checked: Nov 14 at 12:06AM
MLS# 26059812
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,600-square-foot office building, constructed in 1994, is arranged with five private offices, a lobby, a separate entryway, a kitchen, and a bathroom. Vinyl siding and a composition roof serve the building, with forced-air heat and central air conditioning. The property occupies a 0.25-acre lot.
Broadband and cable service are available. The interior configuration supports a range of office functions, with individual work rooms and shared reception and kitchen areas.
Broadband and cable service are available. The interior configuration supports a range of office functions, with individual work rooms and shared reception and kitchen areas.
Key Highlights
- Five private offices, plus a lobby, separate entrance, kitchen, and bathroom
- 1,600 square feet on a 0.25‑acre lot
- Built in 1994
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,626
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,520
$352.5K
Cap Rate 7%
$251,800
$251.8K
Cap Rate 9%
$195,844
$195.8K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$27.3K $17.04/SF
− Vacancy
−$3.8K −$2.35/SF
EGI
$23.5K $14.69/SF
− OpEx
−$5.9K −$3.67/SF
NOI
$17.6K $11.02/SF
Area
Muskegon County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,520
Cap Rate 7%
$251,800
Cap Rate 9%
$195,844
Alternative Uses
Best Use
Office B
$251.8K
$220.3K – $293.8K
NOI $17,626 @ 7.0% cap · market cap 7.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.7K
$294.6K – $392.8K
NOI $23,568 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
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Business Placement
Demographics for 49441, MI
36,886
Population
16,491
Households
2.2
Avg Household Size
43
Median Age
28%
College-Educated
94%
High-School Grad
21.7 sq mi
ZIP Area
1,700
Density / Sq Mi
$65,235
Median Household Income
$38,132
Median Earnings
$1,080
Median Rent
$194,000
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Muskegon County, MI
Properties on Market for Office buildings in Muskegon County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - A professional layout includes a reception area, kitchen, and dedicated entrance.
Where is this office building located?
The property is located at 3105 Henry Street Muskegon, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Five private offices, plus a lobby, separate entrance, kitchen, and bathroom; 1,600 square feet on a 0.25‑acre lot; Built in 1994
