Properties for sale in Michigan

Overview

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.

Location Property Info

County: Muskegon
Street #: 5169
Street Name: Harvey
Suffix: Street
State: MI
Zip Code: 49444

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 1.26
Lot Square Footage: 54886
Lot Dimensions: 215x255
Year Built: 2000
Road Frontage: 215
Total # Units: Yes
# Fin Bldg Lvls: Yes
Total # Bldgs: Yes
Total SqFt: 10500
Total Net SqFt: 10500
Property Use Type: Investment
Waterfront: No
School District: Mona Shores

Tax Info

Tax ID #: 6127121200001300
Taxable Value: 549689
SEV: 568500
For Tax Year: 2019
Seller's Annual Property Tax: 33075.01
Tax Year: 2018
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: PUD
Homestead %: 0

Remarks Misc

Directions: Harvey Street in front of Lakeshore Marketplace.

Status Change Info

Under Contract Date: 2019-04-23
Sold Date: 2019-06-18
Sold Price/SqFt: 173.81

More Information

Location & Property Info

Cross Streets: Independence Dr. & Ellis Rd.
Property Sub-Type: Retail
Area: Muskegon County - M
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

Remarks & Misc

Legal: Attached

Street Type

Paved: Yes
Public: Yes

Property Use

Investment: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Retail: Yes

Construction Type

Block: Yes

Exterior Material

Concrete: 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

Tenant Pays All

Building Insurance: Yes
Common Area Maintena: Yes
Electric: Yes
Gas: Yes
Janitorial: Yes
Management Fee: Yes
Prop Taxes/Assess: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Driveway

Paved: 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: 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

5169 Harvey Street, Norton Shores, MI 49444