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    Muskegon, MI Retail Space for Sale

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    North Muskegon, MI Muskegon Heights, MI Roosevelt Park, MI Norton Shores, MI Lake, MI Fruitport, MI Whitehall, MI Twin Lake, MI
    28 properties
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    Versatile Commercial Property with Residential Potential
    Updated: Mar 31, 2025
    Versatile Commercial Property with Residential Potential

    1258 E Apple Avenue, Muskegon, MI 49442

    $169,900
    1,276 sqft 0.14 AC lot
    Prime, high‑traffic location offers excellent visibility and growth potential for a business.
    Versatile commercial property with existing hair salon and office/gallery space, suitable for various businesses.
    Potential to convert upstairs storage into residential space with City of Muskegon approval, adding value and flexibility.
    Recent updates include a new steel metal roof (December 2024) and freshly painted exterior.
    Handicap‑accessible ramp provides convenience for customers and employees.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1258 E Apple Avenue, Muskegon, MI 49442

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $201K
      Above asking
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    Muskegon Downtown Investment Opportunity
    Updated: Feb 27
    Muskegon Downtown Investment Opportunity

    1208 8th Street, Muskegon, MI 49440

    $1,200,000
    6,522 sqft 0.56 AC lot
    Prime downtown location at W. Western Avenue and 8th Street
    Across from Muskegon Lake and Heritage Landing
    New utilities, roof, windows, and restrooms
    Investment opportunity with tenant intending to finish as restaurant/bar
    Interior finished to white‑box condition
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    Zoned C-2 Retail Building
    Zoned C-2 Retail Building

    4441 Grand Haven Road, Muskegon, MI 49441

    $469,000
    3,488 sqft 0.61 AC lot

    Retail building zoned C-2 and currently operating as a salon for about 20 years.

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    Versatile Commercial Building on Apple Avenue
    Versatile Commercial Building on Apple Avenue

    3639 E Apple Avenue, Muskegon, MI 49442

    $165,000
    5,120 sqft 0.39 AC lot

    Adaptable commercial building suitable for various business uses.

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    Historic Landmark Building in Downtown
    Historic Landmark Building in Downtown

    356 W Western Ave, Muskegon, MI 49440

    $1,299,000
    15,000 sqft 8.58 AC lot

    Restored Victorian building ideal for retail, events, or investment.

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    Muskegon Commercial Property For Sale
    Muskegon Commercial Property For Sale

    981 S Getty Street, Muskegon, MI 49442

    $199,900
    4,200 sqft 0.19 AC lot

    High-traffic commercial property with flexible layout and immediate availability.

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    Storefront Retail for Beer & Wine
    Storefront Retail for Beer & Wine

    793 W Laketon Avenue, Muskegon, MI 49441

    $249,900
    1,248 sqft 0.23 AC lot

    High-visibility storefront on Laketon Ave with groundwork completed for a beer and wine store concept.

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    Muskegon Lakeside District Multi-Use Building
    Muskegon Lakeside District Multi-Use Building

    1812 Lakeshore Dr, Muskegon, MI 49441

    $570,000
    9,690 sqft

    9,690 SF multi-use building in Muskegon's Lakeside District.

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    Muskegon Commercial Building For Sale
    Muskegon Commercial Building For Sale

    1202 Wood Street, Muskegon, MI 49442

    $74,900
    1,368 sqft 0.06 AC lot

    1368 sq ft commercial building at Wood St and McLaughlin Ave.

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    Retail Building with Land Parcel
    Retail Building with Land Parcel

    2144 Whitehall Road, Muskegon, MI 49445

    $799,900
    7,530 sqft 1.40 AC lot

    For sale retail building with an additional land parcel in general commercial zoning.

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    Downtown Muskegon Investment Opportunity
    Downtown Muskegon Investment Opportunity

    1208 8th St, Muskegon, MI 49440

    $1,200,000
    6,522 sqft

    Retail property in prime location near Muskegon Lake.

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    First-Floor Commercial Condominium Units
    First-Floor Commercial Condominium Units

    380 W Western Avenue, Muskegon, MI 49440

    $1,525,000
    8,714 sqft 0.17 AC lot

    Own two combined first-floor units totaling 8,714 SF in a landmark multi-tenant building, 100% occupied.

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    Downtown Office-Retail Condominium
    Downtown Office-Retail Condominium

    380 W Western Avenue, Muskegon, MI 49440

    $1,115,000
    6,379 sqft 0.17 AC lot

    Main-floor corner unit in the Hines/Chamber of Commerce building with a split layout for office and retail.

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    Retail with Apartments Above
    Retail with Apartments Above

    790 Terrace Street, Muskegon, MI 49440

    $449,900
    7,560 sqft

    Flexible retail building with apartments above, located downtown across from the Muskegon Farmers Market.

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    Buildable Corner Lot on Laketon
    Buildable Corner Lot on Laketon

    293 E Laketon Avenue, Muskegon, MI 49442

    $35,000
    0.42 AC lot

    Cleared 0.4 acre corner lot with commercial zoning.

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    Retail Space Near Lakes Mall
    Retail Space Near Lakes Mall

    1720 E Sternberg Rd, Muskegon, MI 49444

    $3,945,000
    12,000 sqft

    12,000 SF retail space outparcel to Meijer.

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    Historic Event Venue with Grand Ballroom
    Historic Event Venue with Grand Ballroom

    W 356 W Western Avenue Unit SourceFi, Muskegon, MI 49440

    $1,299,000
    14,985 sqft

    Restored Victorian landmark with grand ballroom and leased street-level retail space.

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    High-Visibility Commercial Building For Sale
    High-Visibility Commercial Building For Sale

    1651 E River Rd, MuskegonCharterTownship_, Muskegon, MI 49445

    $189,000
    1,400 sqft

    1,400 SF commercial building near US-31, suitable for various uses.

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    Retail Storefront with Salon Buildout
    Retail Storefront with Salon Buildout

    4441 Grand Haven Road, Muskegon, MI 49441

    $469,000
    3,488 sqft

    Storefront property zoned C-2, currently operating as a long-standing salon with convenient access to major thoroughfares.

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    Versatile Commercial Property with Updates
    Versatile Commercial Property with Updates

    1258 E Apple Ave, Muskegon, MI 49442

    $169,900
    1,276 sqft

    Well-maintained commercial property with flexible space and residential potential.

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    Retail Space for Beer & Wine
    Retail Space for Beer & Wine

    W 793 W Laketon Avenue Unit SourceFi, Muskegon, MI 49441

    $249,900
    1,248 sqft

    For-sale retail space on Laketon Ave in Muskegon with seller-advanced beer and wine licensing and city-repriced plans.

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    Flex Building with Garage Door
    Flex Building with Garage Door

    3639 E Apple Avenue, Muskegon, MI 49442

    $165,000
    5,120 sqft

    Four attached units with an 8-foot garage door and shared driveway access near major arterial traffic.

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    Corner Commercial Building in Muskegon
    Corner Commercial Building in Muskegon

    1202 Wood St, Muskegon, MI 49442

    $74,900
    1,368 sqft 0.06 AC lot

    1368 sq ft commercial building at Wood and McLaughlin.

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    Endcap Retail Suite with Signage
    Endcap Retail Suite with Signage

    S 5916 S Harvey Street Unit SourceFi, Muskegon, MI 49444

    Contact for pricing
    1,300 sqft

    End-cap suite for lease with front and rear entrances, floor-to-ceiling windows, and two ADA restrooms.

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    Muskegon, MI Retail Space Market Trends and Statistics

    Explore 30 retail space for sale in Muskegon, MI, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 137,896 square feet of properties for sale, with an estimated market value of $17,914,000.

    Sale prices for retail space in Muskegon, MI start at $74,900, averaging $746,416, and reaching up to $3,945,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 27
    Automotive properties 16
    Shopping centers 8
    Auto shops 7
    Car washes 5

    Demographics Overview

    Population 130K
    Population Growth (5Y) +6.3%
    Median Household Income $59,650
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

    Identify Muskegon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49445 $242.6K
    49442 $291.3K
    49441 $408.5K
    49444 $915.8K
    49440 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 4.60%
    Property Tax per SF $90.35 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Muskegon County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Muskegon County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Muskegon fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Muskegon, MI

    • 49442
    • 49440
    • 49441
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    • 49444

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