1204 W Western Avenue, Muskegon, MI 49441

$2,400,000
Property Type: Land Lot Size (sq. ft.): 636,412 Status: Sold
Current Price: $3,000,000 List Date: 4/21/2020 Last Modified: 12/01/2022

Overview

Description

Prime waterfront development on 14.6 acres. Rare opportunity ideally situated near downtown Muskegon. Current use is industrial but municipality Master Plan and location make for an ideal waterfront development. Marina, residential condominium, retail and boat storage are a few options to consider. Situated on a point, the property offers an amazing lake view and the potential for combined development with land available at 1133 W Western Avenue. Waterfront site includes 138,000 SF industrial building with office and warehouse space on two floors. Building is 82% leased with light industrial tenants and seasonal boat storage of boats up to 60'. Seller willing to hold substantial note for qualified buyer.

Listing Details MLS# 20013242

Location Property Info

County
Muskegon
Street #
1204
Street Direction
W
Street Name
Western
Suffix
Avenue
State
MI
Zip Code
49441

General Property Info

Property Sub-Type
Industrial Land
Lot Measurement
Acres
Lot Square Footage
636412
Lot Acres
14.61
Lot Dimensions
irregular
Road Frontage
1081
Waterfront
Yes
Body of Water
Muskegon Lake
School District
Muskegon

Tax Info

Tax ID #
6124025100000100
Taxable Value
497246
SEV
508500
For Tax Year
2019
Seller's Annual Property Tax
29175
Tax Year
2019
Zoning
I-2
Homestead %
0
Spec Assessment & Type
No

Remarks Misc

Directions
Business 31 to Western Avenue

Status Change Info

Under Contract Date
2020-11-12
Sold Date
2021-04-01
Sold Price/Acre
164271.05

More Information

Waterfront Options

Water Frontage
1693.8

Location & Property Info

Cross Streets
Franklin & Chesapeake/Ohio Rlw
Area
Muskegon County - M
Municipality
Muskegon City

Office/Contract Info

Auction or For Sale
For Sale
List Price/Acre
205338.81
Listing Agreement
Exclusive Right To Sell

Remarks & Misc

Public Remarks
Prime waterfront development on 14.6 acres. Rare opportunity ideally situated near downtown Muskegon. Current use is industrial but municipality Master Plan and location make for an ideal waterfront development. Marina, residential condominium, retail and boat storage are a few options to consider. Situated on a point, the property offers an amazing lake view and the potential for combined development with land available at 1133 W Western Avenue. Waterfront site includes 138,000 SF industrial building with office and warehouse space on two floors. Building is 82% leased with light industrial tenants and seasonal boat storage of boats up to 60'. Seller willing to hold substantial note for qualified buyer.
Legal
See legal description in attachments.

Water Type

Lake
Yes

Water Fea. Amenities

All Sports
Yes
Dock
Yes
Private Frontage
Yes
Public Access 1 Mile or Less
Yes
View
Yes

Lot Description

Buildable
Yes
Building
Yes
Corner Lot
Yes
Level
Yes

Other Structures

Other
Yes

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Mineral Rights

Unknown
Yes

Sale Conditions

Other
Yes

Docs at List Office

Aerial Photo
Yes

Property Features

Water Type: Lake Lot Description: Buildable; Building; Corner Lot; Level Other Structures: Other Street Type: Paved; Public Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Sewer: Public Sewer Water: Public Water Terms Available: Cash; Conventional Mineral Rights: Unknown Sale Conditions: Other Docs at List Office: Aerial Photo
Listing Office: Capstone Real Estate LLC
Listing Agent: John D Groothuis
IDX
Last Updated: December - 01 - 2022
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.