2500 Henry Street, Muskegon, MI 49441

$2,300,000
Property Type: Commercial Sale Square Footage: 119,831 Lot Size (sq. ft.): 437,778 Status: Sold
Current Price: $3,000,000 List Date: 11/05/2016 Last Modified: 10/14/2021

Overview

Description

INVESTMENT OPPORTUNITY – 119,831 SF neighborhood shopping center in Muskegon. Situated on the northeast corner of Henry St. and W. Sherman Blvd., a primary retail corridor in the heart of Muskegon, the center is co-tenanted by national/local retailers, including West Marine, Cosmo Prof, Planet Fitness, Di's Hallmark, State Farm Insurance, Firestone Complete Auto Care, Muskegon Rescue Mission, C&B Estate Sales and Hank's Tavern. The adjacent MedExpress Urgent Care, Pizza Hut and Port City Cab, which are not owned, provide additional traffic to the center. Site offers great visibility, multiple access points and pylon signage. Neighboring retailers include Dollar General, Walgreens, Rite Aid, Family Video, Advance Auto, Aldi, Aaron's Rental, Home Depot, Dollar Tree,

Supplements: GFS Marketplace, The UPS Store, Supercuts, Sleep Doctor, Save-A-Lot, Family Dollar, Sherwin-Williams and AutoZone.

Listing Details MLS# 16055774

Location Property Info

County
Muskegon
Street #
2500
Street Name
Henry
Suffix
Street
State
MI
Zip Code
49441

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
10.05
Lot Square Footage
437778
Lot Dimensions
Irregular
Year Built
1961
Road Frontage
Yes
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
3
Total SqFt
119831
Property Use Type
Investment
Waterfront
No
School District
Muskegon

Tax Info

Tax ID #
6124131300003900
Taxable Value
1195173
SEV
1354200
For Tax Year
2017
Seller's Annual Property Tax
73372
Tax Year
2016
Spec Assessment & Type
None known
Non-Conforming Use
No
Zoning
B-4, Gen Bus
Homestead %
0

Remarks Misc

Directions
NE corner of Henry Street and W. Sherman Boulevard.

Status Change Info

Under Contract Date
2017-02-24
Sold Date
2017-08-16
Sold Price/SqFt
19.19

More Information

Additional Details

Grd Lvl OH Doors
12

Location & Property Info

Cross Streets
W. Sherman Blvd.& Pulaski Ave.
Property Sub-Type
Retail
Area
Muskegon County - M
Municipality
Muskegon City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
25.04
Prop Avail for Lease?
Yes
Current Bldg Use
West Village Mall

Remarks & Misc

Legal
See Attached

Street Type

Paved
Yes
Public
Yes

Property Use

Investment
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Bar/Tavern/Lounge
Yes
Professional Service
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes

Construction Type

Block
Yes

Exterior Material

Block
Yes
Brick
Yes
Stone
Yes
Stucco
Yes

Roofing

Stone
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

LLC
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Business Includes

Non-Applicable
Yes

Util Avail at St

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

Driveway

Paved
Yes

Docs Req Conf Agrmnt

Financials
Yes
Leases
Yes
Rent Roll
Yes

Send to Econ Dev Org

MEDC
Yes
SWMI First, Region 5
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Property Features

Property Use: Investment Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail Ownership: LLC Business Includes: Non-Applicable Construction Type: Block Exterior Material: Block; Brick; Stone; Stucco Roofing: Stone Below Grade: None Sewer: Public Sewer Water: Public Water Utilities Attached: 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; Public Purchase Terms Avail: Cash; Conventional Docs Req Conf Agrmnt: Financials; Leases; Rent Roll Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: Close Of Escrow

Documents

Listing Office: Bradley Company
Listing Agent: Jodi K Milks
IDX
Last Updated: October - 14 - 2021
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.