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Property profile & analytics

609 Western Ave Muskegon, MI 49440-1026

  • Commercial real estate
  • 2,005 SF
  • 0.08 lot acres
OFF-MARKET
Last Sale
Mar 23, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1033975
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 609 Western Ave

Year built
1945
Lot size
0.08 lot acres
Property size
2,005 SF
Zone code
FBC-MS
Property type
Commercial real estate
APN
61-24-205-316-0009-10
APU
6124205316000910

Description

This exceptional investment opportunity presents a newly remodeled, 1,990 square foot bar and restaurant building located at 609 W Western Ave in Muskegon, Michigan. The property, identified by APN 24-205-316-0009, boasts a prime location in the heart of downtown Muskegon, offering stunning views of Muskegon Lake. The building is a two-story Class B structure with a single tenant currently enjoying 100% occupancy. The sale is structured as a sale/leaseback with a NNN lease in place. The asking price is $650,000, translating to $326.63 per square foot. The property is zoned for commercial use and includes a full kitchen. While the business, liquor license, and furniture, fixtures, and equipment (FF&E) are not included in the sale, the possibility of acquiring these assets separately may be available. This turnkey opportunity is perfect for investors seeking a strong return in a vibrant downtown location. The building features a significant additional 2744 square feet of space, including a rooftop deck complete with restrooms and a bar. This unique offering combines a desirable location with a recently updated building, presenting a compelling investment prospect. Don't miss this chance to own a piece of Muskegon's thriving downtown scene.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Muskegon
County
Muskegon
State
Michigan
Longitude
-86.2579
Latitude
43.2322
CBSA code
34740
CBSA name
MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,601
$0.00
$0.00
$142,800
-
$0.00
$0.00
$285,600
More about this property
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