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    700 Terrace Point Rd Muskegon, MI 49440
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    700 Terrace Point Rd, Muskegon, MI 49440

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    • Office Spaces
    • 46,832 SF
    • 4.23 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 700 Terrace Point Rd

    Year built
    1989
    Lot size
    4.23 lot acres
    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    Terrace Point, a Class A, four-story office building (46,832 square feet) in Muskegon, Michigan, offers stunning waterfront views on Muskegon Lake. Built in 1989 and renovated in 2014, this iconic building features multiple tenancy options ranging from 1,468 to 5,715 square feet, catering to diverse business needs. The property sits on a 4.23-acre lot (184,259 square feet) and boasts a 0.25 building FAR. Amenities include a state-of-the-art fitness center, 196 parking spaces (including underground), and convenient access to public transportation. The building features efficient floorplates with a central core, light-filled offices, redundant fiber optics, access control, and zoned HVAC systems. Suites offer customizable interiors, allowing for flexible workspace configurations. The building's exterior showcases a blend of high-performance glass, ceramic tile, and concrete masonry, while the interior boasts a two-story lobby with terrazzo, chrome, and glass accents. Its prime location just north of Downtown Muskegon provides easy access to the city's vibrancy while enjoying serene lake views. The property is served by Consumers Energy and is zoned B-2 - Convenience Comparison Business (APN: 24-205-558-0005-00, Muskegon County). Ceiling heights range from 8'5" to 14'10". Annual property taxes are $1.01 per square foot. The building's proximity to US-31 and Interstate 96, along with the Muskegon County Airport, ensures convenient commuting and travel options. Nearby amenities include the Shoreline Inn, Lake House Waterfront Grille, and the Muskegon Farmers Market. This location offers businesses access to a well-educated workforce and is near several nationally recognized companies.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Muskegon
    County
    Muskegon
    State
    Michigan
    Longitude
    -86.2562
    Latitude
    43.2421
    More about this property
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