449 Norton Ave, Norton Shores, MI 49444-3703
This exceptional executive office building, located at 449 W Norton Ave in Norton Shores, Michigan, presents a unique investment opportunity. The property boasts 2,456 square feet of well-appointed office space, ideally suited for a variety of professional uses. Built in 1947, the building features four separate office areas, all complete with existing furniture and fixtures, providing immediate occupancy. An added benefit is the inclusion of a sizable storage area located upstairs, along with a detached outbuilding measuring 18 x 22 feet, offering versatile storage or expansion potential. Conveniently situated with easy access to Seaway Drive, the property also includes an easement providing parking for six vehicles on the east side of the building. The building's design incorporates features promoting accessibility and flexibility, making it adaptable to a wide range of business needs. The property sits on a 0.15-acre lot and is zoned GO. The Muskegon County property's APN is 6127107100001300. The asking price is $119,900, translating to $48.82 per square foot. This is a single-unit building on a single lot. All information should be independently verified by the buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
GO · Norton Shores, MINorton Shores. Always verify with local authorities before improvements.
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.