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    Remodeled Bar/Restaurant with Rooftop Deck Title is generated by Realmo AI

    609 West Western Avenue, Muskegon, MI 49440

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    For Sale
    $565,000

    Remodeled bar/restaurant in downtown Muskegon with rooftop deck.

    Type:Retail
    Property size:
    2,744 SF
    Price / SF:
    $205/SF
    Added:
    Mar 25, 2026
    Days on Market:
    104
    Last Refresh:
    Jul 2 at 2:42 am

    Property Features for 609 West Western Avenue

    General Information

    Standard status
    Active
    Size
    2,744 SF
    Property subtype
    Retail

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    Russ Bono, CCIM

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

    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 Russ Bono, CCIM

    HighLights

    • Includes real estate, liquor license, furniture, fixtures, and equipment.
    • Prime location in downtown Muskegon overlooking Muskegon Lake.
    • Features a rooftop deck with restrooms and a bar.
    • Newly remodeled building.
    • Includes a full kitchen.
    • 2,744 square feet of space.

    Overview

    This newly remodeled bar and restaurant building is situated in downtown Muskegon, Michigan, offering a location overlooking Muskegon Lake. The property encompasses 2,744 square feet and includes a rooftop deck equipped with restrooms and a bar. Inside, a full kitchen is present. The sale incorporates the real estate, a liquor license, and all furniture, fixtures, and equipment.

    Local Financial Insights For Specialty 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 $42.5k $15.48
    − Vacancy −$1.8k −$0.65
    EGI $40.7k $14.83
    − OpEx −$10.2k −$3.71
    NOI $30.5k $11.12
    2,744 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $436.0K
    $381.5K – $508.7K (±1% cap)
    NOI $30,520 @ 7.0% cap · market cap 5.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Hotel Hospitality
    $25.77M
    $22.55M – $30.06M (±1% cap)
    NOI $1,803,830 @ 7.0% cap · market cap 319.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Nail Salon Dental Office Computer & Electronic Repair Electronics & Wireless Store Hair Salon (Bike/Boat/Book/etc) Store Car Rental Facility Coworking & Hybrid Office Arcade & Gaming Center Locksmith

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

    Similar Places Nearby

    • The Block — 360 W Western Ave 2nd floor, Muskegon, MI 49440
    • No Name Saloon — 609 W Western Ave, Muskegon, MI 49440
    • TERRYS TUNES — 1077 Jefferson St Apt 812, Muskegon, MI 49440
    • Mike's Inn — 545 W Western Ave, Muskegon, MI 49440
    • Topshelf Liquor Bar & Pizza — 500 W Western Ave, Muskegon, MI 49440

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2578847
    Latitude
    43.2321727

    FAQs

    What type of property is this?
    Bar & Pub - Remodeled bar/restaurant in downtown Muskegon with rooftop deck.
    Where is this bar & pub located?
    The property is located at 609 West Western Avenue Muskegon, MI.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: Includes real estate, liquor license, furniture, fixtures, and equipment.; **Prime location in downtown Muskegon overlooking Muskegon Lake.**; **Features a rooftop deck with restrooms and a bar.**
    More about this property
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