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
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: Broadband; Cable Available; Electricity Available; 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
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