2500 Henry Street, Muskegon, MI 49441 (MLS# 16055774)

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

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.

More Information MLS# 16055774

Location Property Info

County: Muskegon Street #: 2500 Street Name: Henry Suffix: Street State: MI Zip Code: 49441 Area: Muskegon County - M

OfficeContract Info

Status: Sold Current Price: $2,300,000 List Price: $3,000,000 Listing Date: 2016-09-15

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: 1 Total # Units: 1 # Fin Bldg Lvls: 1 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

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: $2,300,000 Sold Price/SqFt: 19.19

Additional Details

Grd Lvl OH Doors: 12

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

Legal Description ›

Listing Office: Bradley Company

Listing Agent: Jodi Milks

Last Updated: October - 14 - 2021

2500 Henry Street, Muskegon, MI 49441- MLS# 16055774

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