318 Houston Avenue, Muskegon, MI 49441 (MLS# 25026979)

318 Houston Avenue, Muskegon, MI 49441

$825,000
Property Type: Commercial Sale Square Footage: 8,950 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $825,000 List Date: 6/06/2025 Last Modified: 2/18/2026

Overview

Description

318 Houston Avenue - The Historic Hovey House Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district. Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use. Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence. Walkable. Historic. Income-producing. A rare West Michigan trophy asset.

Supplements: Zoned B-1, the building offers flexible use for professional office space, residential living, or investment purposes. Presently, the property is used as a combination of professional office space and a private apartment. In the past, it has also served as a single-family home and a restaurant, showcasing its versatility. The main floor features el ...

Listing Details MLS# 25026979

Location Property Info

County
Muskegon
Street #
318
Street Name
Houston
Suffix
Avenue
State
MI
Zip Code
49441
Zip (4)
1999

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.2
Lot Square Footage
8712
Lot Dimensions
101x149x99x147 plus 14 spots
Year Built
1889
Road Frontage
248
Mineral Rights
Unknown
Year Remodeled
1985
Total # Units
11
# Fin Bldg Lvls
4
# of Diff Unit Floor Plans
11
Total # Bldgs
Yes
Total SqFt
8950
Property Use Type
Net Leased (nnn)
Full Baths
6
Waterfront
No
School District
Muskegon

Tax Info

Tax ID #
24-205-349-0012-00
Taxable Value
174502
SEV
330700
For Tax Year
2024
Seller's Annual Property Tax
10501
Tax Year
2024
Spec Assessment & Type
none known
Zoning
B1
Homestead %
0

Remarks Misc

Directions
Seaway To Third To Houston next to Nelson Place 3 blocks to the Muskegon convention center

Additional Details

Total Parking Spaces
24
Ceiling Height
10

More Information

Income and Expenses

Gross Op Income ($)
100000
Total Actual Rent
106000

Waterfront Options

Water Access Y/N
No

Location & Property Info

Cross Streets
Muskegon & 4th Street
Property Sub-Type
Office
Area
Muskegon County - M
Municipality
Muskegon City
Principal Road
Yes
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
92.18
Prop Avail for Lease?
Yes
Current Bldg Use
Apartment and office space

Remarks & Misc

Public Remarks
318 Houston Avenue - The Historic Hovey House Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district. Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use. Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence. Walkable. Historic. Income-producing. A rare West Michigan trophy asset.
Legal
CITY OF MUSKEGON REVISED PLAT 1903 LOT 12 & E 1/2 OF LOT 11 BLK 349 ALSO S 1/2 OF VAC ALLEY ADJ ALSO LOT 1 BLK 349 AND

Street Type

Easement
Yes
Paved
Yes
Public
Yes

SqFt Information

Building Security
Yes
Fire Alarm
Yes
Security System
Yes
Smoke Detector(s)
Yes

Property Use

Business
Yes
Investment
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Professional Service
Yes
Professional/Office
Yes
Recreation
Yes
Restaurant
Yes

Construction Type

Concrete
Yes

Exterior Material

Wood Siding
Yes

Roofing

Composition
Yes
Rubber
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

Corporation
Yes

Below Grade

Basement
Yes

Heat Type

Ductless
Yes
Forced Air
Yes
Heat Pump
Yes

Air Conditioning

Central Air
Yes

Business Includes

Real Estate
Yes

Foundation

Block
Yes
Stone
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
Phone Available
Yes

Driveway

Concrete
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes
Tax Def Exchange
Yes

Property Features

Property Use: Business; Investment SqFt Information: Building Security; Fire Alarm; Security System; Smoke Detector(s) Uses: Professional Service; Professional/Office; Recreation; Restaurant Ownership: Corporation Business Includes: Real Estate Construction Type: Concrete Exterior Material: Wood Siding Roofing: Composition; Rubber Foundation: Block; Stone Below Grade: Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Phone Available Heat Source: Natural Gas Heat Type: Ductless; Forced Air; Heat Pump Air Conditioning: Central Air Driveway: Concrete Street Type: Easement; Paved; Public Purchase Terms Avail: Cash; Conventional; Tax Def Exchange Sale Conditions: None
Listing Office: Medendorp Real Estate Group
Listing Agent: David Medendorp
IDX
Last Updated: February - 18 - 2026
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