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221 W Webster 1st-A Ave

Muskegon, MI 49440
Active | MLS #21102455 | 147 days on market
beds
Beds
baths
Baths
sq ft
Sq Ft
6
acres
Acreage
2.10
type
Retail/Commercial
$15
$0/mo est*
Thomas Serio
Interested in this property?
Thomas Serio Realtor®

Home Features

heating
Heating
cooling
Cooling
waterfront
Waterfront
No
county
County
Muskegon
Municipality
Municipality
Muskegon City
school
School District
Muskegon
calendar
Year Built
1962

Details

Street level retail/commercial space available downtown Muskegon. The subject building is a six-floor former office/bank building being redeveloped as a mixed-use project consisting of residential units on the upper four floors, office use on the second floor with retail/commercial space available on the street level. This central, walkable, downtown location is ideal for a restaurant/entertainment type venue. The property is comprised of almost an entire city block so ample on-site parking is available. Multiple lease options are available.
Agent: Troy WassermanPhone: 231-375-5273

Interior

    Exterior

      *Estimated monthly payments are based on 3.92% interest rate and 30 year loan term. Please contact your mortgage lender for a monthly payment estimate accurate to you.

      Local Market Info

      Balanced
      Buyer's
      Seller's
      Morley is currenty a
      Buyer's Market

      In a buyer’s market, there is an overabundance of homes for sale compared to the demand. Buyers have the advantage because sellers will be motivated to negotiate price and terns in order to sell their property.

      Area Demographics

      Demographic Icon
      Total Population
      489
      Demographic Icon
      Population Density
      546
      /sq mi.
      Demographic Icon
      Median YEARLY income
      $17,788
      Demographic Icon
      MEDIAN AGE
      42
      Demographic Icon
      COLLEGE EDUCATED
      18%
      Demographic Icon
      Owner/renter divide
      70% / 30%

      Listing Stats

      +103.3%
      Since last Year
      Average List Price
      2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 50,000 50,000 100,000 100,000 150,000 150,000 200,000 200,000
      +1133.3%
      Since last Year
      Number of New Homes on Market
      2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 5 5 10 10 15 15 20 20 25 25 30 30 35 35
      +85.0%
      Since last Year
      Average Sale Price
      2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 50,000 50,000 100,000 100,000 150,000 150,000 200,000 200,000
      +675.0%
      Since last Year
      Number of Sold Homes
      2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 2021 2021 0 0 5 5 10 10 15 15 20 20 25 25 30 30
      875 Oak Ridge Rd
      Muskegon, MI 49441

      Location Hours

      M-F
      8AM - 5PM walk ins
      (Evenings By Appointment)

      S-S
      By Appointment Only

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