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    950 Norton Ave Muskegon, MI 49441

    Sponsored
    For Lease
    $12 SF/Yr

    High-traffic location, 1,938 sq ft available

    Lot size:
    39,594 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 950 W Norton Ave, Muskegon, MI 49441, within the vibrant Park Place retail center. Boasting excellent visibility on a high-traffic corridor near major retailers like Meijer and Walmart, this property benefits from its proximity to dense residential neighborhoods. The single-story, 39,594 square foot building sits on a 3.64-acre lot and was built in 1972. Currently, the property is classified as Class C and zoned C-SE (Muskegon County APN: 6125470000000100). There is 1,938 square feet of immediately available space within a multi-tenant building. The property has recently undergone improvements, including updated building signage and exterior facade enhancements. Current tenants include a diverse mix of businesses, such as Goodwill, Jet's Pizza, Yodel's Frozen Yogurt, Alive Health Family Chiropractic, Success Virtual Learning Centers, Ross Medical Education Center, and Pints and Quarts, creating a strong and established retail environment. This presents a unique chance to establish or expand your business in a thriving Muskegon location.

    Property Features for 950 Norton Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,594 SF
    Class
    C
    Total Rate
    39594

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite G
    Size
    1,938 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2671222
    Latitude
    43.1915758

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 1,938 sq ft available
    Where is this retail property located?
    The property is located at 950 Norton Ave Muskegon, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    Request Owner's contact information
    950 Norton Ave Muskegon, MI 49441
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    Muskegon, MI 49441
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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
    950 Norton Ave Muskegon, MI 49441
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