609 Western Ave Muskegon, MI 49440-1026
- Commercial real estate
- 2,005 SF
- 0.08 lot acres
Mar 23, 2021
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.
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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