1144 3rd St - Auto Repair FOR SALE


Muskegon, MI 49441- Nelson
$1,100,000 USD
231-375-8033
1144 3rd St, Muskegon, MI for Sale
$1,100,000 USD
Auto Repair - FOR SALE
1/14
null | Request Cap Rate

1144 3rd St
Muskegon, MI 49441
Nelson


HIGHLIGHTS

  • 5 Overhead Doors: Two 10’ x 12’; Three 14’ x 10’

OVERVIEW

Also includes PPN 24-205-366-0001-00 (1116 3rd St). The subject property is situated within the 3rd Street commercial corridor in downtown Muskegon. This corridor is seeing and experiencing revitalization through nearby residential redevelopment and is located across from local favorites such as Hamburger Mikey's, Curry Kitchen and Third Coast Vinyl. The site was originally an automotive sales and service location and the main building now being used primarily for seasonal heated storage. The site offers a great redevelopment opportunity while providing steady lease income to support the acquisition in the interim. The site offers roughly 2.9 acres of land, which is difficult to come by in the downtown market area.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

CROSS STREETS

Muskegon Ave and 3rd Street

LAND ACRES

2.82 AC

LAND SF

122,839 SF

ZONING

PUD

APN/PARCEL ID

24-205-365-0001-00

ASK ABOUT THIS PROPERTY

Bryan BenchCore Realty PartnersMore Info
231-375-8033

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Bryan BenchCore Realty PartnersMore Info
231-375-8033

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.