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Gas Station
New
For Sale
$1,031,457

531 E Laketon Ave, Muskegon, MI 49442

Located on E Laketon Ave in Muskegon, the property is available individually or within a larger portfolio acquisition.

Property Size957 SF
Price / SF$1,077
Days on Market2

Property Features for 531 E Laketon Ave

General Information

Standard status Active
Size 957 SF
Property subtype Auto Service - Gas-Conv
Lease Type NNN

Additional Details

Cap Rate 6.5%

Amenities

Long Term Lease | Current Term Runs Through May 2036
Four, Five Year Renewal Options | Built-In Annual Rent Increases
Can be Purchased as an Individual Property or as Part of a Portfolio

Building Details

Building Size 957 SF
Listed By: Timothy Nichols · License #License(s): IL: 475.159619
Source: Marcusmillichap
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:55AM

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 Timothy Nichols

Investment Insights

Based on property information with market context.

This gas station is located at 531 E Laketon Ave in Muskegon, Michigan. It is available for individual acquisition or as part of a 30-property portfolio spanning Michigan and Indiana.

Key Highlights

  • Available individually or as part of a 30‑property portfolio
  • Portfolio includes 29 Michigan properties and one Indiana property
  • Located at 531 E Laketon Ave in Muskegon, Michigan

Property Analytics

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Current Use

Gas stations

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center HVAC Service

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

611
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Dining 26% Beauty & Spa 5% Home Improvements & Furnishings 2%
Dollar General Shops & Services
8,629 visits/mo 0.1 miles
Little Caesars Pizza Dining
5,005 visits/mo 0.5 miles
Sunoco Shops & Services
4,624 visits/mo 0.5 miles
The Works Beauty & Spa
938 visits/mo 0.5 miles
Ferguson Home Improvements & Furnishings
389 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - Located on E Laketon Ave in Muskegon, the property is available individually or within a larger portfolio acquisition.
Where is this gas station located?
The property is located at 531 E Laketon Ave Muskegon, MI.
What is the asking price?
The asking price for this property is $1,031,457.
What are key features of this property?
This property features: Available individually or as part of a 30‑property portfolio; Portfolio includes 29 Michigan properties and one Indiana property; Located at 531 E Laketon Ave in Muskegon, Michigan
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