Property summary
The property is a commercial building located on Seaway Drive, a roadway with an estimated volume of 25,000 vehicles per day. The building contains approximately 5,560 total square feet and is configured as two office suites—Suite A with about 3,089 SF and Suite B with about 2,471 SF—with the ability to be combined into a single unit. Building features include fiber internet and a wired high-speed network, LED lighting, front and rear entrances, a mechanical room, and ADA compliance. Separate gas and electric meters service the suites, and the building includes interior and exterior security camera coverage. The exterior and major building systems were remodeled, including Hardie siding, new windows, roof, HVAC, flooring, lighting, insulation, and parking lot improvements, contributing to an energy-efficient configuration. The property also includes a large parking area, professional landscaping with irrigation, and is situated on a 0.57-acre lot; it is suitable for medical, retail, or professional office use.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising Advertising Agency
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1-NEIG · Muskegon, MIZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C1-NEIG in Muskegon, MI.
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