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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    50 Park St, Fruitport, MI 49415-9668

    2,808 SF 1.09 ac lot Built 1962
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1502961
    Property summary
    AI-generated overview

    This 2,800 square foot vacant retail building, located at 50 Park St. in Fruitport Charter Township, Michigan (49415), presents a unique investment opportunity. Previously a Fifth Third Bank, the property boasts a prominent corner lot in downtown Fruitport, ensuring excellent visibility and accessibility for any business. The building, constructed in 1962, sits on a 1.09-acre parcel and features 27 surface parking spaces. With a high daily traffic count of 13,840 vehicles, this location offers significant potential for a variety of commercial uses. The asking price is $395,000, translating to $141.07 per square foot. The property is zoned 201 - Commercial, and its spacious layout and drive-thru capabilities offer considerable redevelopment potential. The property's parcel number is 41-150-027-0007-00. This is an owner/user investment opportunity with a vacant tenancy. The building's prime location and ample parking make it an ideal site for a variety of businesses seeking high visibility and convenient access in a thriving community. Consider the possibilities for this well-situated property in Muskegon County.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1962
    Total area 2,808 SF
    Lot 1.09 ac (47,480 SF)
    Zoning code V-B
    APN 61-41-150-027-0007-00
    UPID US43-1502961
    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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    Blend (final) Blend
    by Request
    Owner & transaction history
    Thing 1 And Thing 2 Re Investments · 1 yrs held
    Thing 1 And Thing 2 Re Investments
    since 2025
    Last sale
    $315,000
    1 recorded transaction
    2025
    $315,000
    Zoning & alternative use
    V-B · Fruitport, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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