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    OFF-MARKET
    Industrial properties

    2304 Olthoff St, Muskegon, MI 49444-2646

    4,048 SF 2.18 ac lot Built 1989
    Entity Owned Free & Clear
    Property ID
    US43-1482028
    Property summary
    AI-generated overview

    This exceptional 4,048-square-foot industrial building is strategically located within the prestigious Port City Industrial Park in Muskegon, Michigan. Constructed in 1989 for a commercial printing business, the property boasts a well-designed layout featuring nicely appointed office spaces and versatile open work/production areas, perfect for a variety of uses. Recent improvements include a new roof and HVAC system, ensuring efficient and comfortable operation. The building's functionality makes it ideal for a service company, light component assembly, or distribution operation. Beyond the building itself, the property offers significant advantages. The expansive 2.18-acre lot provides ample space for future expansion, accommodating growth and potential development. The site is meticulously maintained, reflecting a commitment to quality and functionality. Enjoy convenient access to US-31 via Sherman Boulevard or Laketon Avenue, ensuring seamless transportation and logistics. The property's location within the Port City Industrial Park places it in the company of established industry leaders such as Adac Plastics, GE Aviation, Bold Furniture, and Port City Group, providing a strong sense of community and access to a skilled workforce. This is a rare opportunity to acquire a well-maintained, versatile industrial property with significant growth potential in a prime location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1989
    Total area 4,048 SF
    Lot 2.18 ac (94,961 SF)
    Zoning code I-2
    APN 61-24-694-000-0041-00
    UPID US43-1482028
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Rwd Property LLC
    Rwd Property LLC
    since 2025
    4 recorded transactions
    2026
    2025
    2024
    2023
    Zoning & alternative use
    I-2 · Muskegon, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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