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    2037 Laketon Ave Muskegon, MI 49442

    Sponsored
    For Lease
    $12 SF/Yr ($11,862 /Mo)

    Muskegon Retail Strip Center, 3,600 SF Available

    Lot size:
    11,862 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located at 2037 E Laketon Ave, Muskegon, MI 49442. The property is a single-story, 11,862 square foot strip center situated on a 0.94-acre lot (40,946 square feet) and zoned C-1. Built in 1946 and renovated in 1992, the building currently has 3,600 square feet of vacant space available. This space is offered in a "gray-box" condition, allowing for tenant build-out to suit specific needs. The building owner is willing to collaborate with a qualified tenant on the build-out process. Lease terms are negotiable and will be determined based on the tenant's intended use and lease commitment. The remaining portion of the building is occupied by a former bar/restaurant which is undergoing renovations to the exterior and interior, with plans for a new bar/restaurant operation. The property enjoys a high-traffic location on Laketon Avenue, conveniently situated just east of the US 31 interchange, ensuring excellent visibility and accessibility. The property's APN is 61-10-185-002-001-00.

    Property Features for 2037 Laketon Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,862 SF
    Total Rate
    11862

    Building Details

    Year Built/Renovated
    1946/1992
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite A
    Size
    3,600 SF
    Rate per SF
    $12

    HighLights

    • 11,862 SF strip center on a 0.94‑acre lot in Muskegon, MI.
    • 3,600 SF of vacant space available in gray‑box condition; build‑out collaboration possible.
    • High‑traffic location on Laketon Ave, near US 31 interchange.
    • C‑1 zoning; APN 61‑10‑185‑002‑001‑00.
    • Built in 1946, renovated in 1992; lease terms negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.1937323
    Latitude
    43.219158

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    FAQs

    What type of property is this?
    Neighborhood center - Muskegon Retail Strip Center, 3,600 SF Available
    Where is this neighborhood center located?
    The property is located at 2037 Laketon Ave Muskegon, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 11,862 SF strip center on a 0.94-acre lot in Muskegon, MI.; 3,600 SF of vacant space available in gray-box condition; build-out collaboration possible.; High-traffic location on Laketon Ave, near US 31 interchange.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2037 Laketon Ave Muskegon, MI 49442
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