Former Pizza Hut
4318 Grand Haven Road Muskegon, MI 49441
New
4318 Grand Haven Road, Muskegon, MI, 49441
$349,900
For Sale
$349,900
COMMERCIAL - Muskegon, MI
Property Size2,165 SF
Lot Size0.54 Acres
Price / SF$161.62
Days on Market2
Property Features for 4318 Grand Haven Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 27-601-000-0063-00
- Size
- 2,165 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CITY OF NORTON SHORES MC CO MBS NO 1 LOTS 63 AND 65
- Tax Annual Amount
- 6754
Utilities
- Utilities
- Electricity Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1972
- Number of units
- 1
Listing agency
The Shore Real Estate Group
(269) 921-7261
Listed by
Josh Frazee
(269) 757-2769
Added: Jul 21 Checked: Jul 22 at 2:06PM
MLS# 26037532
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.
Former Pizza Hut commercial property at 4318 Grand Haven Road, Muskegon, MI, offering approximately 2,165 square feet of space and a C-2 commercially zoned site. The property is positioned for high visibility and includes ample on-site parking and existing utilities.
The site benefits from excellent frontage along Grand Haven Road and is described as minutes from the US-31 freeway and the I-96 interchange, supporting convenient access for local and regional customers.
While the building is suited for restaurant use, the offering is also described as flexible for other commercial concepts, subject to municipal approval.
The site benefits from excellent frontage along Grand Haven Road and is described as minutes from the US-31 freeway and the I-96 interchange, supporting convenient access for local and regional customers.
While the building is suited for restaurant use, the offering is also described as flexible for other commercial concepts, subject to municipal approval.
Key Highlights
- Former Pizza Hut building with approximately 2,165 SF of commercial space
- 0.54‑acre C‑2 commercially zoned site with frontage along Grand Haven Road
- Highly accessible location just minutes from the US‑31 freeway and I‑96 interchange
Local Financial Insights For Retail
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 | $41.0k | $18.96 |
| − Vacancy | −$1.1k | −$0.49 |
| EGI | $40.0k | $18.47 |
| − OpEx | −$12.0k | −$5.54 |
| NOI | $28.0k | $12.93 |
2,165 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$399.8K
$349.8K – $466.5K
NOI $27,987 @ 7.0% cap · market cap 8.00%
Second Best
Specialty Retail
$344.0K
$301.0K – $401.3K
NOI $24,080 @ 7.0% cap · market cap 6.88%
Theoretical Best
Hotel Hospitality
$20.33M
$17.79M – $23.72M
NOI $1,423,211 @ 7.0% cap · market cap 406.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Former Pizza Hut on a C-2 zoned site with prominent road frontage and ample on-site parking.
Where is this conventional restaurant located?
The property is located at 4318 Grand Haven Road Muskegon, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Former Pizza Hut building with approximately 2,165 SF of commercial space; 0.54‑acre C‑2 commercially zoned site with frontage along Grand Haven Road; Highly accessible location just minutes from the US‑31 freeway and I‑96 interchange
