1204 W Western Avenue, Muskegon, MI 49441 (MLS# 20013242)
1204 W Western Avenue, Muskegon, MI 49441
$2,400,000
Property Type:
Land
Lot Size (sq. ft.):
636,412
Status:
Sold
Current Price:
$3,000,000
List Date:
4/21/2020
Last Modified:
12/01/2022
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.
More Information MLS# 20013242
None
Current Price: $2,400,000
Location Property Info
County: Muskegon
Street #: 1204
Street Direction: W
Street Name: Western
Suffix: Avenue
State: MI
Zip Code: 49441
Area: Muskegon County - M
OfficeContract Info
Status: Sold
List Price: $3,000,000
Listing Date: 2020-04-16
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
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: $2,400,000
Sold Price/Acre: 164271.05
Waterfront Options
Water Frontage: 1693.8
Property Features
Water Type: Lake
Lot Description: Buildable; Building; Corner Lot; Level
Street Type: Paved; Public
Util Avail at Street: Broadband; Cable Available; Electricity Available; Natural Gas Available; Phone Available
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
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 Groothuis
Last Updated: December - 01 - 2022
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