Property summary
The property consists of a 5,304-square-foot restaurant building on a corner lot totaling 0.57 acres, with dual access points and ample on-site parking. The building includes a second-floor apartment of approximately 1,800 square feet, which is suited to be used as an owner residence or for an on-site manager. The restaurant space is configured for food service, and the site has historically operated as a Mexican restaurant offering steaks and other menu items. The apartment is located on the second floor above the restaurant use, creating a mixed-use layout with separate residential occupancy potential within the same structure.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS PREAMBLE The B-4 General Business District is designed to provide for a wide variety of business activities including automotive…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Muskegon, MIARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS PREAMBLE The B-4 General Business District is designed to provide for a wide variety of business activities including automotive…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS ARTICLE XIII - B-4 GENERAL BUSINESS DISTRICTS PREAMBLE The B-4 General Business District is designed to provide for a wide variety of business activities including automotive…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-4 in Muskegon, MI.
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