Property Type:
Commercial Sale
Square Footage:
10,500
Lot Size (sq. ft.):
54,886
Status:
Sold
Current Price:
$1,875,000
List Date:
3/08/2019
Last Modified:
11/29/2022
5169 Harvey Street, Norton Shores, MI 49444
$1,825,000
Description
RETAIL INVESTMENT OPPORTUNITY – 10,500 SF retail center on 1.26-acre outlot in front of Lakeshore Marketplace in Norton Shores, Michigan. This Harvey Street retail center is 100% occupied with 2 new tenants, Biggby Coffee (2018) and Affordable Dentures & Implants (2019), as well as stable, long-term tenants Sprint, Advance America Cash Advance and Lux Nails & Spa. Located in Muskegon County's primary retail corridor – just north of The Lakes regional mall and Meijer – this solid investment opportunity is situated at the lighted intersection of Lakeshore Marketplace featuring Target, Hobby Lobby, HomeGoods, Barnes & Noble, TJ Maxx and many others.
More Information MLS# 19008246
Location & Property Info
Cross Streets: Independence Dr. & Ellis Rd.
Property Sub-Type: Retail
Municipality: Norton Shores City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 178.57
Prop Avail for Lease?: No
Current Bldg Use: Harvey Street Retail Center
General Property Info
New Construction: No
Lot Dimensions: 215x255
Road Frontage: 215
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 10500
Total Net SqFt: 10500
Property Use Type: Investment
School District: Mona Shores
Lot Measurement: Acres
Lot Acres: 1.26
Lot Square Footage: 54886
Year Built: 2000
Tax Info
Taxable Value: 549689
SEV: 568500
For Tax Year: 2019
Seller's Annual Property Tax: 33075.01
Tax Year: 2018
Homestead %: 0
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: PUD
Tax ID #: 6127121200001300
Remarks & Misc
Legal: Attached
Status Change Info
Sold Price/SqFt: 173.81
Under Contract Date: 2019-04-23
Sold Date: 2019-06-18
Sold Price: $1,825,000
Street Type
Paved: 1
Public: 1
Property Use
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Retail: 1
Construction Type
Block: 1
Exterior Material
Concrete: 1
Roofing
Stone: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Non-Applicable: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Tenant Pays All
Building Insurance: 1
Common Area Maintena: 1
Electric: 1
Gas: 1
Janitorial: 1
Management Fee: 1
Prop Taxes/Assess: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Paved: 1
Send to Econ Dev Org
MEDC: 1
SWMI First, Region 5: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Muskegon
Street #: 5169
Street Name: Harvey
Suffix: Street
State: MI
Zip Code: 49444
Area: Muskegon County - M
OfficeContract Info
Status: Sold
Current Price: $1,825,000
List Price: $1,875,000
Listing Date: 2019-03-04
Remarks Misc
Directions: Harvey Street in front of Lakeshore Marketplace.
Property Features
Property Use: Investment
Uses: Retail
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Block
Exterior Material: Concrete
Roofing: Stone
Below Grade: None
Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; 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
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Possession: Close Of Escrow
Listing Office:
Bradley Company
Listing Agent:
Jodi K Milks
Last Updated: November - 29 - 2022
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