1204 W Western Avenue, Muskegon, MI 49441 (MLS# 20013242)

1204 W Western Avenue, Muskegon, MI 49441

$2,400,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/20013242

Property Type: Land Lot Size (sq. ft.): 636,412 Status: Sold

Current Price: $2,400,000 List Date: 4/21/2020 Last Modified: 12/01/2022

Overview

Description

Prime waterfront development on 14.6 acres. Rare opportunity ideally situated near downtown Muskegon. Current use is industrial but municipality Master Plan and location make for an ideal waterfront development. Marina, residential condominium, retail and boat storage are a few options to consider. Situated on a point, the property offers an amazing lake view and the potential for combined development with land available at 1133 W Western Avenue. Waterfront site includes 138,000 SF industrial building with office and warehouse space on two floors. Building is 82% leased with light industrial tenants and seasonal boat storage of boats up to 60'. Seller willing to hold substantial note for qualified buyer.

Listing Details MLS# 20013242

Location Property Info

County: Muskegon
Street #: 1204
Street Direction: W
Street Name: Western
Suffix: Avenue
State: MI
Zip Code: 49441

General Property Info

Property Sub-Type: Industrial Land
Lot Measurement: Acres
Lot Square Footage: 636412
Lot Acres: 14.61
Lot Dimensions: irregular
Road Frontage: 1081
Waterfront: Yes
Body of Water: Muskegon Lake
School District: Muskegon

Tax Info

Tax ID #: 6124025100000100
Taxable Value: 497246
SEV: 508500
For Tax Year: 2019
Seller's Annual Property Tax: 29175
Tax Year: 2019
Zoning: I-2

Remarks Misc

Directions: Business 31 to Western Avenue

Status Change Info

Under Contract Date: 2020-11-12
Sold Date: 2021-04-01
Sold Price/Acre: 164271.05

More Information

Waterfront Options

Water Frontage: 1693.8

Property Features

Water Type: Lake Lot Description: Buildable; Building; Corner Lot; Level Other Structures: Other Street Type: Paved; Public Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected Sewer: Public Sewer Water: Public Water Terms Available: Cash; Conventional Mineral Rights: Unknown Sale Conditions: Other Docs at List Office: Aerial Photo

Listing Office: Capstone Real Estate LLC

Listing Agent: John D Groothuis

Last Updated: December - 01 - 2022

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