5169 Harvey Street, Norton Shores, MI 49444 (MLS# 19008246)

5169 Harvey Street, Norton Shores, MI 49444

$1,825,000
Property Type: Commercial Sale Square Footage: 10,500 Lot Size (sq. ft.): 54,886 Status: Sold
Current Price: $1,875,000 List Date: 3/08/2019 Last Modified: 11/29/2022

Description

RETAIL INVESTMENT OPPORTUNITY – 10,500 SF retail center on 1.26-acre outlot in front of Lakeshore Marketplace in Norton Shores, Michigan. This Harvey Street retail center is 100% occupied with 2 new tenants, Biggby Coffee (2018) and Affordable Dentures & Implants (2019), as well as stable, long-term tenants Sprint, Advance America Cash Advance and Lux Nails & Spa. Located in Muskegon County's primary retail corridor – just north of The Lakes regional mall and Meijer – this solid investment opportunity is situated at the lighted intersection of Lakeshore Marketplace featuring Target, Hobby Lobby, HomeGoods, Barnes & Noble, TJ Maxx and many others.

More Information MLS# 19008246

Location Property Info

County: Muskegon Street #: 5169 Street Name: Harvey Suffix: Street State: MI Zip Code: 49444 Area: Muskegon County - M

OfficeContract Info

Status: Sold Current Price: $1,825,000 List Price: $1,875,000 Listing Date: 2019-03-04

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 1.26 Lot Square Footage: 54886 Lot Dimensions: 215x255 Year Built: 2000 Road Frontage: 215 Total # Units: 1 # Fin Bldg Lvls: 1 Total # Bldgs: 1 Total SqFt: 10500 Total Net SqFt: 10500 Property Use Type: Investment Waterfront: No School District: Mona Shores

Tax Info

Tax ID #: 6127121200001300 Taxable Value: 549689 SEV: 568500 For Tax Year: 2019 Annual Property Tax: 33075.01 Tax Year: 2018 Spec Assessment & Type: None known Non-Conforming Use: No Zoning: PUD

Remarks Misc

Directions: Harvey Street in front of Lakeshore Marketplace.

Status Change Info

Under Contract Date: 2019-04-23 Sold Date: 2019-06-18 Sold Price: $1,825,000 Sold Price/SqFt: 173.81

Property Features

Property Use: Investment Uses: Retail Ownership: LLC Business Includes: Non-Applicable Construction Type: Block Exterior Material: Concrete Roofing: Stone Below Grade: None Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; 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 Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: Close Of Escrow
Listing Office: Bradley Company
Listing Agent: Jodi Milks
Last Updated: November - 29 - 2022
5169 Harvey Street, Norton Shores, MI 49444- MLS# 19008246
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