Storefront Retail for Beer &
793 W Laketon Avenue Muskegon, MI 49441
793 W Laketon Avenue, Muskegon, MI, 49441
$249,900
For Sale
$249,900
COMMERCIAL - Muskegon, MI
Property Size1,248 SF
Lot Size0.23 Acres
Price / SF$200.24
Days on Market141
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 Agency
Greenridge - Nexes
(231) 739-3501
880 W Broadway Ave, Muskegon, MI
Listed by
Thomas Blake
(231) 578-0585
Added: Feb 27 Checked: Jul 18 at 4:06 am
MLS# 26007280
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.
Investment Insights
Based on property information with market context.
This is a for-sale storefront retail property suited for a neighborhood beer and wine store concept. The seller has completed key groundwork, including the beer and wine license process steps, which can help streamline your move from planning to execution. The building is being positioned for a proposed addition, and building plans have already been repriced by the City for that work.
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.
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.
Key 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.
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 |
1,248 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$230.5K
$201.7K – $268.9K
NOI $16,133 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$11.72M
$10.26M – $13.67M
NOI $820,401 @ 7.0% cap · market cap 328.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - High-visibility storefront on Laketon Ave with groundwork completed for a beer and wine store concept.
Where is this storefront property located?
The property is located at 793 W Laketon Avenue Muskegon, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 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.
