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    701 Laketon Ave Muskegon, MI 49441

    For Sale
    $350,000

    Prime Muskegon Office, 6,281 SF, $350K

    Property size:
    6,281 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional executive office building, located at 701 W Laketon Avenue in Muskegon, Michigan, presents a unique investment opportunity. The property, encompassing 6,281 square feet, is situated on a substantial 16.05-acre lot (APN: 6124370001000200) and benefits from its convenient location near Seaway Drive (Business 31). The building, constructed in 1950 and extensively renovated in 2017, features two stories across two buildings. The interior boasts a well-designed layout, incorporating a blend of private offices, open workspaces, conference rooms, and an employee break area. The main floor has undergone recent renovations. The property is zoned I2 and is currently part of a larger parcel. The asking price is $350,000, translating to $55.72 per square foot. This Class C property offers a single tenancy and represents a compelling opportunity for a variety of business uses. The property's size and location make it ideal for a company seeking a substantial and well-maintained office space in a strategic Muskegon location. The building's history includes use as office space for Great Lakes Die Cast operations. This offering provides a rare chance to acquire a well-maintained, renovated office building in a desirable area of Muskegon, Michigan.

    Property Features for 701 Laketon Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,281 SF
    Class
    C
    Lot Size
    699,138 SF

    Building Details

    Year Built/Renovated
    1950/2017
    Buildings
    2
    Stories
    2

    HighLights

    • $350,000 asking price for a 6,281 SF Class C office building.
    • Single‑tenant occupancy in a 2‑story building on a 16.05‑acre lot.
    • Located at 701 W Laketon Avenue, Muskegon, MI 49441.
    • Recently renovated (2017) with a mix of private offices and open areas.
    • Building features include conference rooms and employee break areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm 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
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2610532
    Latitude
    43.2195885

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Muskegon Office, 6,281 SF, $350K
    Where is this office property / space located?
    The property is located at 701 Laketon Ave Muskegon, MI.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price for a 6,281 SF Class C office building.; Single-tenant occupancy in a 2-story building on a 16.05-acre lot.; Located at 701 W Laketon Avenue, Muskegon, MI 49441.
    (231) 375-8033
    Request Owner's contact information
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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
    701 Laketon Ave Muskegon, MI 49441
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