701 Laketon Ave, Muskegon, MI 49441-2925
This exceptional 64,271-square-foot industrial manufacturing facility presents a unique investment opportunity in Muskegon County. Situated on a 3.85-acre lot at 701 W Laketon Avenue, Plant 1 boasts a single-tenant occupancy and is ready for immediate use. Built in 1936 with significant renovations in 1995, the one-story building features impressive ceiling heights ranging from 12 to 18 feet, providing ample vertical space for various industrial operations. The property includes four loading docks and one drive-in door, ensuring efficient material handling. Power is robust, with 480-volt, 3-phase heavy power readily available. The building is equipped with fire suppression systems, adding to its safety features. Zoned I-1, this property benefits from its strategic location near the intersection of Laketon Avenue and Business 31 (Seaway Drive). This facility is part of a larger campus and was constructed in phases since the 1940s. The property's APN is 6124370001000200. The substantial square footage, combined with its excellent location and robust infrastructure, makes this an ideal space for a variety of manufacturing businesses. The property is currently vacant and ready for immediate occupancy.
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
I-1 · Muskegon, MIMuskegon. 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.