$825,000
Muskegon, MI 49441
MLS# 25026979
8950 sqft
1 / 100
Property Description
318 Houston Avenue - The Historic Hovey House Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district. Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use. Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence. Walkable. Historic. Income-producing. A rare West Michigan trophy asset.
Details
Location & Property Info
Cross Streets: Muskegon & 4th Street
Property Sub-Type: Office
Area: Muskegon County - M
Municipality: Muskegon City
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 92.18
Prop Avail for Lease?: Yes
Current Bldg Use: Apartment and office space
General Property Info
New Construction: No
Lot Dimensions: 101x149x99x147 plus 14 spots
Road Frontage: 248
Mineral Rights: Unknown
Waterfront: No
Year Remodeled: 1985
Total # Units: 11
# of Diff Unit Floor Plans: 11
Total # Bldgs: 1
# Fin Bldg Lvls: 4
Total SqFt: 8950
Property Use Type: Net Leased (nnn)
School District: Muskegon
Lot Measurement: Acres
Lot Acres: 0.2
Lot Square Footage: 8712
Year Built: 1889
Full Baths: 6
Tax Info
Taxable Value: 174502
SEV: 330700
For Tax Year: 2024
Seller's Annual Property Tax: 10501
Tax Year: 2024
Homestead %: 0
Spec Assessment & Type: none known
Zoning: B1
Tax ID #: 24-205-349-0012-00
Remarks & Misc
Public Remarks: 318 Houston Avenue -
The Historic Hovey House
Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district.
Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use.
Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence.
Walkable. Historic. Income-producing.
A rare West Michigan trophy asset.
Legal: CITY OF MUSKEGON REVISED PLAT 1903 LOT 12 & E 1/2 OF LOT 11 BLK 349 ALSO S 1/2 OF VAC ALLEY ADJ ALSO LOT 1 BLK 349 AND
Waterfront Options
Water Access Y/N: No
Additional Details
Total Parking Spaces: 24
Ceiling Height: 10
Income and Expenses
Gross Op Income ($): 100000
Total Actual Rent: 106000
Street Type
Easement: 1
Paved: 1
Public: 1
SqFt Information
Building Security: 1
Fire Alarm: 1
Security System: 1
Smoke Detector(s): 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional Service: 1
Professional/Office: 1
Recreation: 1
Restaurant: 1
Construction Type
Concrete: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Corporation: 1
Below Grade
Basement: 1
Heat Type
Ductless: 1
Forced Air: 1
Heat Pump: 1
Air Conditioning
Central Air: 1
Business Includes
Real Estate: 1
Foundation
Block: 1
Stone: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Phone Available: 1
Driveway
Concrete: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Tax Def Exchange: 1
Location Property Info
County: Muskegon
Street #: 318
Street Name: Houston
Suffix: Avenue
State: MI
Zip Code: 49441
Zip (4): 1999
OfficeContract Info
Status: Active
Current Price: $825,000
List Price: $825,000
Listing Date: 2025-06-06
Remarks Misc
Directions: Seaway To Third To Houston next to Nelson Place
3 blocks to the Muskegon convention center
Property Features
Property Use: Business; Investment
SqFt Information: Building Security; Fire Alarm; Security System; Smoke Detector(s)
Uses: Professional Service; Professional/Office; Recreation; Restaurant
Ownership: Corporation
Business Includes: Real Estate
Construction Type: Concrete
Exterior Material: Wood Siding
Roofing: Composition; Rubber
Foundation: Block; Stone
Below Grade: Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; Electricity Available; Phone Available
Heat Source: Natural Gas
Heat Type: Ductless; Forced Air; Heat Pump
Air Conditioning: Central Air
Driveway: Concrete
Street Type: Easement; Paved; Public
Purchase Terms Avail: Cash; Conventional; Tax Def Exchange
Sale Conditions: None
Supplements
Zoned B-1, the building offers flexible use for professional office space, residential living, or investment purposes. Presently, the property is used as a combination of professional office space and a private apartment. In the past, it has also served as a single-family home and a restaurant, showcasing its versatility. The main floor features elegant shared office and conference room space, while the lower level includes a full kitchen and two bathrooms with a private rear entranceideal for subleasing or hosting events. The third floor offers a spacious 2-bedroom, 1-bath apartment with in-unit laundry, providing additional rental income or a comfortable on-site residence. With income potential exceeding $100,000 annually and 24 private parking spaces, the Hovey House offers a rare blend of historic character and commercial opportunity in the heart of a thriving lakeshore city.
Multi-Family Listing MLS # 25027006
Listing Office: Medendorp Real Estate Group
Listing Agent: David Medendorp
Last Updated: May - 31 - 2026
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