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    3587 Henry St Norton Shores, MI 49441

    For Sale
    $1,295,000

    12,174 SF Office Building - $1.295M

    Property size:
    12,174 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional two-story, 12,174 square foot Class B office building is situated on a 0.98-acre lot at 3587 Henry St, Norton Shores, MI 49441. Built in 2003, the property boasts a prime location within the highly sought-after Henry Street corridor, surrounded by a mix of national restaurants, professional offices, and high-density residential areas. Previously used for medical purposes (physician and dental practices), this versatile building offers significant potential for various professional office uses. The property benefits from recent HVAC system upgrades and is zoned PUD. Its strategic location is further enhanced by the proximity to a recently redeveloped mixed-use project across Henry Street, including a new Mercy Health Partners facility. This presents a compelling opportunity to acquire a well-maintained professional office building at a price significantly below the cost of new construction. The asking price is $1,295,000, translating to $106.37 per square foot. This is a single building, two-story structure.

    Property Features for 3587 Henry St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    12,174 SF
    Class
    B
    Lot Size
    42,689 SF

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    2

    HighLights

    • $1,295,000 asking price for this 12,174 square foot office building.
    • Located in the desirable Henry Street corridor of Norton Shores, MI.
    • Class B, two‑story building, built in 2003, on a 0.98‑acre lot.
    • Previously used for medical offices (physician and dental), adaptable for other professional uses.
    • $106.37 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Norton Shores
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2638867
    Latitude
    43.1882394

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    FAQs

    What type of property is this?
    Office Property / Space - 12,174 SF Office Building - $1.295M
    Where is this office property / space located?
    The property is located at 3587 Henry St Norton Shores, MI.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: $1,295,000 asking price for this 12,174 square foot office building.; Located in the desirable Henry Street corridor of Norton Shores, MI.; Class B, two-story building, built in 2003, on a 0.98-acre lot.
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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
    3587 Henry St Norton Shores, MI 49441
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