$1,400,000
Norton Shores, MI 49441
MLS# 26023915
55564 sqft
1 / 61
Property Description
1631 W Sherman Blvd offers a rare large-scale commercial investment opportunity within the Glenside Shopping Center corridor in Muskegon. Situated on approximately 3.96 acres, this multi-tenant property features over 55,000 SF of retail and office space with strong income potential and significant leasing upside. The property currently includes 6 established tenants, creating value-add opportunity for investors or owner-users. The upper-level office section includes elevator access and multiple office suites suitable for medical, corporate, administrative, educational, or service-based users. Flexible zoning and layout support a variety of potential uses including retail, office, medical, grocery, fitness, and community services. Strategically located along highly traveled W Sherman Blvd with excellent visibility and access.
Details
Location Property Info
County: Muskegon
Street #: 1631
Street Direction: W
Street Name: Sherman
Suffix: Boulevard
State: MI
Zip Code: 49441
Zip (4): 3544
OfficeContract Info
Status: Active
Current Price: $1,400,000
List Price: $1,400,000
Listing Date: 2026-05-21
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 3.96
Lot Square Footage: 172498
Lot Dimensions: 378x144x452x128x204x248x114x122
Year Built: 1952
Road Frontage: 626
Total # Units: 8
# Fin Bldg Lvls: 55564
# of Diff Unit Floor Plans: 6
Total # Bldgs: 1
Total SqFt: 55564
Full Baths: 12
Waterfront: No
School District: Mona Shores
Tax Info
Tax ID #: 27-338-000-0001-00
Taxable Value: 341003
SEV: 871200
For Tax Year: 2025
Seller's Annual Property Tax: 19720
Tax Year: 2025
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: C-2
Remarks Misc
Directions: Seaway Drive (business 31) to Sherman West to property.
Additional Details
Total Parking Spaces: 208
Power/Phase: 3
Income and Expenses
Total Actual Rent: 15369.88
Unit 1
Unit Description: Space 1 Retail
Occupied: Yes
Rent $/Month: 4300
Unit 2
Unit Description: Space 2 - Service
Occupied: Yes
Rent $/Month: 2453
Unit 3
Unit Description: Space 3 - Retail
Occupied: Yes
Rent $/Month: 3158.3
Unit 4
Unit Description: Space 4 - Retail
Occupied: Yes
Rent $/Month: 1875
Unit 5
Unit Description: Space 5 - Retail
Occupied: Yes
Rent $/Month: 1683.58
Unit 6
Unit Description: Space 6 - Retail
Occupied: Yes
Rent $/Month: 900
Unit 7
Unit Description: Space 7 - Storage
SqFt: 1000
Occupied: Yes
Unit 8
Unit Description: Space 8 - Office
Occupied: No
Property Features
Property Use: Investment
Uses: Professional Service; Professional/Office; Recreation; Restaurant; Retail; Other
Business Includes: Real Estate
Construction Type: Block; Steel
Exterior Material: Brick; Stone; Stucco
Roofing: Rubber
Below Grade: Walk-Out Access
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Sale Conditions: None
Possession: Subject To Tenant Rights
Listing Office: Medendorp Real Estate Group
Listing Agent: David Medendorp
Last Updated: May - 22 - 2026
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