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Historic Mixed-Use Building

349 W Webster Ave, Muskegon, MI 49440

For Sale
New
$1,200,000

The three-story structure has been cleared to the studs, with exterior stabilization work completed.

Property Size43,860 SF
Price / SF$27.36
Days on Market1

Property Features for 349 W Webster Ave

General Information

Standard status Active
Size 43,860 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,140

Building Details

Year Built 1892
Buildings 1
Stories 3
Units 1
Listing Agency: Core Realty Partners LLC
Listed By: Joseph Keck-Dion
Source: Elliman
Added: Nov 6 Last Checked: Nov 6 at 2:24PM

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 Core Realty Partners LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1892, the Hackley Administration Building contains 43,860 square feet across three stories and a basement. The interior has been taken down to the studs, and the exterior structure has been stabilized, leaving the building in a substantially cleared condition for redevelopment.

A prior plan proposed a boutique hotel conversion. The property is at 349 W Webster Ave in Downtown Muskegon, with a Walk Score of 83 and a Bike Score of 68.

Key Highlights

  • 43,860 square feet across three stories and a basement
  • Built in 1892
  • Exterior structure stabilized; interior cleared to the studs

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Hair Salon Auto Parts Store Nail Salon Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby

Demographics for 49440, MI

1,320
Population
860
Households
1.5
Avg Household Size
44
Median Age
36%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
2,200
Density / Sq Mi
$42,500
Median Household Income
$37,067
Median Earnings
$791
Median Rent
$163,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The three-story structure has been cleared to the studs, with exterior stabilization work completed.
Where is this mixed-use property located?
The property is located at 349 W Webster Ave Muskegon, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 43,860 square feet across three stories and a basement; Built in 1892; Exterior structure stabilized; interior cleared to the studs
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