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    OFF-MARKET
    Retail properties & Spaces

    2921 Baker St, Muskegon Heights, MI 49444

    1,800 SF 0.41 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2921 Leahy St & 2920 Baker St in Muskegon Heights, Michigan, presents a unique investment opportunity. The offering encompasses two parcels totaling 0.41 acres, zoned R1. The main feature is a single-story, 1,800 square foot building, previously used for bus and maintenance equipment storage. This building sits on Leahy Street and is enclosed by a fence on three sides. Access to the building is facilitated by an adjacent vacant lot on Baker Street. The property's strategic location is directly across the street from the former Sacred Heart Catholic Church and school, offering high visibility and potential for significant foot traffic. The asking price is $80,000, translating to $4.48 per square foot and $195,122 per acre for the land. The property's versatile zoning and prime location make it ideal for a variety of commercial uses, presenting a compelling opportunity for investors seeking a strong return on investment in a developing area. The property's APN is 61-26-185-230-0006-00 and the zip code is 49444. This is a single-tenancy property.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,800 SF
    Lot 0.41 ac (17,860 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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