Cross Streets: Muskegon & 4th Street
Property Sub-Type: Office
Municipality: Muskegon City
Principal Road: Yes
Ownership Type: Private Owned
Auction or For Sale: For Sale
List Price/SqFt: 92.18
Prop Avail for Lease?: Yes
Current Bldg Use: Apartment and office space
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
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
Public Remarks: The historic Hovey House, located at 318 Houston Avenue, is a beautifully restored 1889 Queen Anne Victorian, just one block off Muskegon Avenue and a short walk to Muskegon Lake and downtown attractions. Built by Horatio Hovey—co-founder of the Hovey & McCracken lumber company, President of Muskegon Savings Bank, and husband to Nelly Hovey—this iconic home reflects the craftsmanship and prosperity of Muskegon's lumber era. Hovey was a civic leader whose influence helped shape the city's growth, and his residence stands as a tribute to Muskegon's past and future. Designated as a Michigan Historic Site, the property has been meticulously restored with incredible attention to detail, showcasing original pocket doors, intricate trim work, and the timeless charm of Victorian architecture.
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
Total Parking Spaces: 24
Ceiling Height: 10
Gross Op Income ($): 100000
Total Actual Rent: 106000
Easement: 1
Paved: 1
Public: 1
Building Security: 1
Fire Alarm: 1
Security System: 1
Smoke Detector(s): 1
Business: 1
Investment: 1
Electricity Connected: 1
Natural Gas Connected: 1
Professional Service: 1
Professional/Office: 1
Recreation: 1
Restaurant: 1
Ductless: 1
Forced Air: 1
Heat Pump: 1
Cable Available: 1
Electricity Available: 1
Phone Available: 1
Cash: 1
Conventional: 1
Tax Def Exchange: 1
County: Muskegon
Street #: 318
Street Name: Houston
Suffix: Avenue
State: MI
Zip Code: 49441
Zip (4): 1999
Area: Muskegon County - M
Status: Active
Current Price: $825,000
List Price: $825,000
Listing Date: 2025-06-06
Directions: Seaway To Third To Houston next to Nelson Place
3 blocks to the Muskegon convention center
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