793 W Laketon Avenue, Muskegon, MI 49441
COMMERCIAL - Muskegon, MI
- Added:
- Feb 27, 2026
- Days on Market:
- 131
- Last Refresh:
- Jul 8 at 5:06 am
Property Features for 793 W Laketon Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 15
- Interior features
- Broadband
- Standard status
- Active
- APN
- 24-131-100-0001-00
- Size
- 1,248 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CITY OF MUSKEGON SEC 31 T10N R16W PARCEL 1 GLENCOE ADD LOT 1 BLK 1 PARCEL 2
- Tax Annual Amount
- 4327
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1995
- Number of units
- 1
Listing agent Thomas Blake (231) 578-0585
Listing office Greenridge - Nexes 880 W Broadway Ave, Muskegon, MI (231) 739-3501
Listing date Feb 27, 2026
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.
HighLights
- High‑visibility location on Laketon Ave.
- Primed for transformation into a neighborhood beer and wine store.
- Beer and wine license process already secured, saving time and stress.
- Opportunity to fast‑track a retail concept without starting from scratch.
- Building plans have been pre‑approved by the City for the proposed addition.
- Built in 1995 with forced air heating and central air cooling.
Overview
The property is located at 793 W Laketon Avenue in Muskegon on Laketon Ave, described as a high-visibility area. The listing provides the address as well as the lot size and building size, and asks buyers and agents to verify all information during due diligence.
For an operator or buyer looking to open a retail beer and wine store without starting from scratch, the seller’s progress on licensing and City-repriced plans are practical items to review. The space is a retail storefront format, designed for a customer-facing neighborhood use, with an emphasis on moving forward with finishing touches and the planned work.
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 | $23.7k | $18.96 |
| − Vacancy | −$615 | −$0.49 |
| EGI | $23.0k | $18.47 |
| − OpEx | −$6.9k | −$5.54 |
| NOI | $16.1k | $12.93 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Green craft llc — 551 Young Ave, Muskegon, MI 49441
Location Insight
- Map
- Local Demand
- City
- Muskegon
- County
- Muskegon
- State
- Michigan
- Longitude
- -86.26245
- Latitude
- 43.219647
