Property profile

Apple Ave Muskegon, MI 49442

OFF-MARKET
Retail properties & Spaces
6,200 SF 1.21 ac lot Built 1959
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Property summary

AI-generated overview

This exceptional commercial property, located on high-traffic Apple Avenue in Muskegon, Michigan, presents a unique investment opportunity. Situated just east of US 31, the building enjoys excellent visibility and is strategically positioned between a quick oil change/car wash to the west and a jewelry store to the east, ensuring high foot traffic. The property consists of a 6,200 square foot, single-story, three-unit commercial building constructed of durable cinder block. Ample parking is available for customers and tenants. The building is zoned C1, offering a variety of potential uses. Adding to its appeal, a residential house is included on the 1.21-acre parcel, providing additional income potential or the option for expansion. The property boasts 111 feet of prime road frontage on Apple Avenue, maximizing visibility and accessibility. Its proximity to Baker College and Muskegon Community College (less than 3вЃ„4 mile away) further enhances its desirability. This property is ideal for investors seeking a versatile commercial space with significant growth potential in a thriving location. The combination of high visibility, ample parking, and convenient location makes this an exceptional opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1959
Total area 6,200 SF
Lot 1.21 ac (52,708 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Apple Ave Muskegon, MI 49442
Muskegon metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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