150 Summit Ave, Muskegon Heights, MI 49444
This exceptional 40,008-square-foot property in Muskegon Heights, Michigan, presents a unique investment opportunity. Located at 150 E Summit Ave, this single-tenant complex sits on a sizable 3.06-acre lot (APN: 61-26-185-231-0001-00) and includes a church, school, and rectory. The church building itself can comfortably seat approximately 300 people. The adjacent school building boasts six classrooms, a fully equipped commercial kitchen, and a large gymnasium complete with locker rooms. The rectory features two floors, including a basement, and a four-car garage. The property also includes a substantial parking lot with space for four vehicles. This offering marks the first time this property has been available for purchase. The seller also owns adjacent land that may be available for purchase separately. This entire city block presents significant potential for adaptive reuse or redevelopment, offering a rare chance to acquire a substantial property in a desirable location. The asking price is $800,000, translating to $22.37 per square foot. This is a one-story building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.