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$1,525,000
380 W Western Avenue, Units 1 & 2
Muskegon, MI 49440
MLS# 23027670
8714 sqft


380 W Western Avenue, Units 1 & 2, Muskegon, MI 49440
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380 W Western Avenue, Units 1 & 2, Muskegon, MI 49440 380 W Western Avenue, Units 1 & 2, Muskegon, MI 49440 380 W Western Avenue, Units 1 & 2, Muskegon, MI 49440 380 W Western Avenue, Units 1 & 2, Muskegon, MI 49440 380 W Western Avenue, Units 1 & 2, Muskegon, MI 49440 380 W Western Avenue, Units 1 & 2, Muskegon, MI 49440

Property Description
These commercial condominium units present an opportunity to own the entire first floor of this landmark multi-tenant building in the heart of Downtown Muskegon. Units 1 and 2 combine to include 8,714 SF of main level office/commercial/retail space. The offering is 100% occupied by two professional office tenants and one national food retailer. The corner location provides convenient client access, excellent visibility and much-desired walkability to restaurants, shopping and both cultural and waterfront activities. Member of owner LLC is a licensed Realtor.

Details
Maps
Location & Property Info
County: Muskegon
Street #: 380
Street Direction: W
Street Name: Western
Suffix: Avenue
Unit #: Units 1 & 2
State: MI
Zip Code: 49440
Zip (4): 1169
Cross Streets: 2nd & 3rd
Property Sub-Type: Office
Area: Muskegon County - M
Municipality: Muskegon City
Office/Contract Info
Status: Active
Current Price: $1,525,000
List Price: $1,525,000
Auction or For Sale: For Sale
List Price/SqFt: 175.01
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 2.5
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2023-07-31
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7405
Lot Dimensions: 145x105x145x123
Year Built: 2008
Road Frontage: 145
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 8714
Total Net SqFt: 8714
Full Baths: 6
Waterfront: No
School District: Muskegon
Tax Info
Tax ID #: 24432000000100
Taxable Value: 499100
SEV: 925300
For Tax Year: 2022
Annual Property Tax: 29750
Tax Year: 2022
Spec Assessment & Type: none known
Zoning: CBD-PUD
Remarks & Misc
Legal: CITY OF MUSKEGON, HINES BUILDING CONDOMINIUM, UNIT 1 CITY OF MUSKEGON, HINES BUILDING CONDOMINIUM, UNIT 2 SUBJ TO E
Directions: US-31/Seaway Drive to 3rd Street; 3rd to W Western Avenue; Right on Western to property.
SqFt Information
Rentable Office SqFt: 6234
Rentable Retail SqFt: 2480
Total Bldg SqFt (Gro: 30891
Property Features
Uses: Professional Service; Professional/Office; Restaurant; Retail; Other
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Steel
Exterior Material: Brick; Stone
Additional Features: Barrier Free; Fire Sprinkler; Multi User Facility; Util Sep Mt
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Shared Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None

Listing Office: Capstone Real Estate LLC

Listing Agent: David Ten Cate

Last Updated: December - 12 - 2023

380 W Western Avenue, Units 1 & 2, Muskegon, MI 49440 - MLS# 23027670
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