Downtown Montague Office Building For Sale

4534 Dowling St, Montague, MI 49437

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For Sale

$474,000

3,344 SF office building in downtown Montague.

Type:Commercial

Property size:

3,344 SF

Lot size:

0.34 Acres

Price / SF:

$141/SF

HighLights

Highly visible location on Business‑31 in downtown Montague, across from White Lake.
3,344 SF office building divided into three separate suites, each with private access and separately metered utilities.
Extensive exterior facelift in 2020, roof installed in 2019, and rooftop HVAC unit replaced in 2021.
Multiple private offices, large open‑concept workspace, conference room, lounge/kitchenette, and storage area.
Two street‑facing entries and ample parking in front and rear of the .34 acre parcel.
Two common‑area ADA restrooms plus an additional private restroom.

We can help!

Contact an agent

David Ten Cate

For Sale

$474,000

3,344 SF office building in downtown Montague.

Type:Commercial

Property size:

3,344 SF

Lot size:

0.34 Acres

Price / SF:

$141/SF

Added:: Mar 10, 2026
Days on Market:: 119
Last Refresh:: Jul 3 at 1:04 am

Property Features for 4534 Dowling St

General Information

Standard status: Active
Size: 3,344 SF
Lot size: 0.34 Acres
Property subtype: Commercial

Building Details

Year Built: 1950

We can help!

Contact an agent

David Ten Cate

Listing office Capstone Real Estate LLC

Listing date Mar 10, 2026

Source Elliman

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 Capstone Real Estate LLC

HighLights

Highly visible location on Business‑31 in downtown Montague, across from White Lake.
3,344 SF office building divided into three separate suites, each with private access and separately metered utilities.
Extensive exterior facelift in 2020, roof installed in 2019, and rooftop HVAC unit replaced in 2021.
Multiple private offices, large open‑concept workspace, conference room, lounge/kitchenette, and storage area.
Two street‑facing entries and ample parking in front and rear of the .34 acre parcel.
Two common‑area ADA restrooms plus an additional private restroom.

Overview

This 3,344 SF office building is located on Business-31 (Dowling Street) in downtown Montague, across the street from White Lake. The building, expanded and renovated in 1978 with an extensive exterior facelift in 2020, is highly visible and easily accessible. It features two separate street-facing entries, multiple private offices, a large open-concept workspace, a conference room, a lounge/kitchenette, and a storage area. There are also two common-area ADA restrooms, plus an additional private restroom. The roof was installed in 2019, and the rooftop HVAC unit was replaced in 2021. The building is presently divided into three separate suites, each with a private access/entry and separately-metered utilities. Manpower currently occupies the northwestern 750 SF of the building. Ample parking is available in both the front and rear of the 0.34 acre parcel.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$57.0k	$17.04
− Vacancy	−$7.9k	−$2.35
EGI	$49.1k	$14.69
− OpEx	−$12.3k	−$3.67
NOI	$36.8k	$11.02

3,344 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$526.3K

$460.5K – $614.0K (±1% cap)

NOI $36,839 @ 7.0% cap · market cap 7.77%

Second Best

—

no second resolved use

Theoretical Best

Hotel Hospitality

$31.40M

$27.48M – $36.64M (±1% cap)

NOI $2,198,253 @ 7.0% cap · market cap 463.77%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Rant Insurance Group Insurance Agency

Suggested Use

Location Insight

Map
Local Demand

City: Montague
County: Muskegon
State: Michigan
Longitude: -86.3537
Latitude: 43.4155

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For sale
Office buildings
MI
Montague
49437
4534 Dowling St

What type of property is this?

Office building - 3,344 SF office building in downtown Montague.

Where is this office building located?

The property is located at 4534 Dowling St Montague, MI.

What is the asking price?

The asking price for this property is $474,000.

What are key features of this property?

This property features: Highly visible location on Business‑31 in downtown Montague, across from White Lake.; 3,344 SF office building divided into three separate suites, each with private access and separately metered utilities.; Extensive exterior facelift in 2020, roof installed in 2019, and rooftop HVAC unit replaced in 2021.