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Retail with Apartments Above
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790 Terrace Street, Muskegon, MI 49440

Flexible retail building with apartments above, located downtown across from the Muskegon Farmers Market.

Property Size7,560 SF
Price / SF$59.51
Days on Market61

Property Features for 790 Terrace Street

General Information

Standard status Active
Size 7,560 SF
Property subtype Business for Sale, Office, Retail, Land, Special Purpose

Building Details

Year Built 1900
Buildings 1
Units 1
Listing Agency: Greenridge - Nexes
Listed By: Bill Carlston · License #6506021186
Source: Crexi
Added: Jun 13 Changed: Aug 8 Last Checked: Aug 10 at 8:32AM

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 Greenridge - Nexes

Investment Insights

Based on property information with market context.

This for-sale commercial property at 790 Terrace Street offers approximately 7,560 square feet of flexible space designed to support a retail or storefront use on the main level. The layout provides options for how the building can be configured, including the possibility of operating a business on the ground floor with apartments above, as outlined in the property remarks.

The building is positioned in the downtown area of Muskegon and is directly across from the Muskegon Farmers Market. The property is presented as a high-visibility site within a busy, high-traffic setting, making it suitable for concepts that benefit from consistent public foot traffic.

For buyers and operators, the practical value here is flexibility: the property can be evaluated for a main-floor retail operation with upper-level residential space, or for another income-oriented redevelopment concept consistent with the existing site layout. Interested parties should review the current building conditions and confirm all details relevant to design, use, and future plans. Buyer and buyer’s agent to verify all information.

Key Highlights

  • Over 7,500 SF flexible commercial building with potential for multiple business and living setups
  • Year built 1900
  • Located downtown Muskegon directly across from the Muskegon Farmers Market

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Furniture & Home Goods Auto Parts Store Grocery & Convenience Store

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

1,354
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 37%
Burger King Dining
5,489 visits/mo 0.0 miles
Shell Shops & Services
3,232 visits/mo 0.3 miles

Demographics for 49440, MI

1,320
Population
860
Households
1.5
Avg Household Size
44
Median Age
36%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
2,200
Density / Sq Mi
$42,500
Median Household Income
$37,067
Median Earnings
$791
Median Rent
$163,100
Median Home Value

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?
Retail space - Flexible retail building with apartments above, located downtown across from the Muskegon Farmers Market.
Where is this retail space located?
The property is located at 790 Terrace Street Muskegon, MI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Over 7,500 SF flexible commercial building with potential for multiple business and living setups; Year built 1900; Located downtown Muskegon directly across from the Muskegon Farmers Market
(231) 578-0556 Call to check price and availability
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