Property profile

2921 Baker St Muskegon Heights, MI 49444

OFF-MARKET
Retail properties & Spaces
1,800 SF 0.41 ac lot
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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

Location

2921 Baker St Muskegon Heights, MI 49444
Muskegon Heights metro
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Value estimations

Realmo proprietary · 4 methods
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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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