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Flex Space with Drive-Through
For Sale
$299,900
Pending

3711 E Apple Avenue, Muskegon, MI 49442

Commercial Sale, Muskegon, MI

Property Size6,300 SF
Lot Size0.72 Acres
Days on Market161

Property Features for 3711 E Apple Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description C-1
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Elementary school district Orchard View
Middle school district Orchard View
High school district Orchard View
Directions Using 31, exit East onto E Apple Ave. Property is on the right after S Mill Iron Rd.
Standard status Pending
APN 10-025-200-0006-00
Size 6,300 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MUSKEGON CHARTER TOWNSHIP SEC 25 T10N R16W MU-620D, F; THE W 6 3/4 RODS, OF E 41 3/4 RODS OF N 1/4, OF NW 1/4, NE 1/4
Tax Annual Amount 6058
Legal Description MUSKEGON CHARTER TOWNSHIP SEC 25 T10N R16W MU-620D, F; THE W 6 3/4 RODS, OF E 41 3/4 RODS OF N 1/4, OF NW 1/4, NE 1/4

Utilities

Utilities Cable Available
Heating system Forced Air
Water source Well

Building Details

Year built 1950
Number of units 1
Building materials Block
Listing Agency: Legacy Real Estate Partners
Listed By: Jay Kilgo · License #6504431414
Added: Apr 29 Changed: Sep 29 Last Checked: Oct 6 at 5:06PM
MLS# 26018556

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.

Investment Insights

Based on property information with market context.

This 6,300-square-foot flex property provides an adaptable commercial footprint with a broad interior layout, front office area, and two overhead doors arranged for drive-through movement. The building offers 16-foot ceilings, block construction, forced-air heat, and two bathrooms. A rear section provides room for refrigeration or additional operating space, while the open interior can accommodate storage, workshop, or small-shop uses described for the property.

Built in 1950, the building sits along M-46 in Muskegon. Site services include a well water source and cable availability. The combination of office space, high ceilings, overhead-door access, and an open rear area supports a range of flex-oriented commercial configurations without relying on a fixed layout.

Key Highlights

  • 6,300 square feet of commercial flex space
  • 16‑foot ceilings and an open interior layout
  • Two overhead doors with drive‑through capability

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,198
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,960 $544.0K
Cap Rate 7%
$388,543 $388.5K
Cap Rate 9%
$302,200 $302.2K
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$43.1K $6.84/SF
− Vacancy
−$1.2K −$0.20/SF
EGI
$41.8K $6.64/SF
− OpEx
−$14.6K −$2.32/SF
NOI
$27.2K $4.32/SF
Area
Muskegon County, MI
Vacancy
2.90%
Lease Rate
$6.84 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,960
Cap Rate 7%
$388,543
Cap Rate 9%
$302,200

Alternative Uses

Best Use
Warehouse
$1.05M
$917.3K – $1.22M (±1% cap)
NOI $73,380 @ 7.0% cap · market cap 24.47%
Second Best
Industrial
$863.3K
$755.4K – $1.01M (±1% cap)
NOI $60,430 @ 7.0% cap · market cap 20.15%
Theoretical Best
Hotel Hospitality
$59.16M
$51.77M – $69.02M (±1% cap)
NOI $4,141,446 @ 7.0% cap · market cap 1,380.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Hair Salon HVAC Service Restaurant

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

Lease Details

16 ft
Clear height
2
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49442, MI

45,342
Population
17,759
Households
2.6
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
41.0 sq mi
ZIP Area
1,106
Density / Sq Mi
$50,069
Median Household Income
$33,257
Median Earnings
$889
Median Rent
$116,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Open commercial layout with front office and overhead-door access.
Where is this flex space located?
The property is located at 3711 E Apple Avenue Muskegon, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 6,300 square feet of commercial flex space; 16‑foot ceilings and an open interior layout; Two overhead doors with drive‑through capability
More about this property
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