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    Steel Flex Warehouse Unit Title is generated by Realmo AI

    C-1-2695 Hein Rd, Muskegon, MI 49445

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    Claim this Listing
    For Sale
    $199,900

    Steel construction with finished interior, 18' ceilings, and an overhead door supports a wide range of business uses.

    Property size:
    1,500 SF
    Price / SF:
    $133/SF
    Added:
    May 19, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 16 at 1:54 am

    Property Features for C-1-2695 Hein Rd

    General Information

    Standard status
    Active
    Size
    1,500 SF

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    Sandi L Gentry
    Sandi L Gentry

    Listing office RE/MAX Lakeshore

    Listing date May 19, 2026

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Lakeshore

    HighLights

    • 25 x 60 steel unit with fully finished interior and durable 6'' concrete floors
    • 18' ceilings with lighting and a ceiling fan
    • 14 x 14 overhead door for easy loading and access
    • Full bath plus 3‑phase power, city water and sewer
    • Two mini‑split systems for heating and cooling
    • Association dues are $75/month for snow removal and common area upkeep

    Overview

    This offering is a 25 x 60 steel unit with a fully finished interior designed for flexible use. The space includes 6-inch concrete floors and 18-foot ceilings with lighting and a ceiling fan. A 14 x 14 overhead door provides straightforward access for equipment and storage needs. The unit is equipped with a full bath and includes 3-phase power, city water and sewer, and two mini-split systems for heating and cooling. Fast fiber internet is also available, supporting modern office and operational requirements.

    The property is located just minutes from Highway 31, offering convenient regional access. It sits within a professionally maintained association with monthly dues listed at $75, which covers snow removal and common area upkeep.

    For tenants, buyers, and operators, the combination of finished interior, overhead door access, and dedicated utilities makes this unit workable for both light industrial storage and office-oriented setups. The ceiling height and concrete floor construction support businesses that need usable space for operations, while the included bathroom and climate control help the unit function as a practical base for day-to-day work.

    Local Financial Insights For Warehouse

    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 $21.1k $14.04
    − Vacancy −$505 −$0.34
    EGI $20.6k $13.70
    − OpEx −$3.1k −$2.06
    NOI $17.5k $11.65
    1,500 SF · lease $14.04/SF/yr · vacancy 2.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $249.6K
    $218.4K – $291.2K (±1% cap)
    NOI $17,471 @ 7.0% cap · market cap 8.74%
    Second Best
    Industrial
    $205.5K
    $179.9K – $239.8K (±1% cap)
    NOI $14,388 @ 7.0% cap · market cap 7.20%
    Theoretical Best
    Hotel Hospitality
    $14.09M
    $12.33M – $16.43M (±1% cap)
    NOI $986,059 @ 7.0% cap · market cap 493.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Dental Office Auto Parts Store Furniture & Home Goods Grocery & Convenience Store Nail Salon Hair Salon Garden Center Locksmith Computer & Electronic Repair Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2653
    Latitude
    43.2991

    FAQs

    What type of property is this?
    Flex space - Steel construction with finished interior, 18' ceilings, and an overhead door supports a wide range of business uses.
    Where is this flex space located?
    The property is located at C-1-2695 Hein Rd Muskegon, MI.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: 25 x 60 steel unit with fully finished interior and durable 6'' concrete floors; 18' ceilings with lighting and a ceiling fan; 14 x 14 overhead door for easy loading and access
    More about this property
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