$2,900,000
Muskegon, MI 49444
MLS# 24020543
19108 sqft
1 / 36
Property Description
User/Investment opportunity in Norton Shores. Beautiful Class A professional office building situated in the highly desirable Harvey Street corridor. This primary commercial corridor includes national tenants such as Chik Fil A, Arby's, Buffalo Wild Wings, Kohl's, Starbucks, Subway, Menards, Target, and Meijer to name a few. The subject property was developed in 2005 by Community Shores Bank (now Choice One Bank) and is comprised of a 19,000+/- SF, two-story building situated on a 2-acre, signalized hard corner parcel at the intersection of Harvey and Mt. Garfield Road. The building currently is occupied by three lease tenants as well as a Choice One Bank retail branch location.
Details
Maps
Location & Property Info
County: Muskegon
Street #: 5797
Street Name: Harvey
Suffix: Street
State: MI
Zip Code: 49444
Zip (4): 7783
Cross Streets: E Mt. Garfield & Sternberg
Property Sub-Type: Office
Area: Muskegon County - M
Municipality: Norton Shores City
Office/Contract Info
Status: Active
Current Price: $2,900,000
List Price: $2,900,000
Auction or For Sale: For Sale
List Price/SqFt: 151.77
Prop Avail for Lease?: Yes
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-04-29
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 2
Lot Square Footage: 87120
Lot Dimensions: 350 x 321
Year Built: 2005
Road Frontage: 350
Mineral Rights: Unknown
Total # Units: 1
# Fin Bldg Lvls: 2
Total # Bldgs: 1
Total SqFt: 19108
Property Use Type: Net Leased (nnn)
Full Baths: 6
Waterfront: No
School District: Mona Shores
Tax Info
Tax ID #: 27-121-400-0006-60
Taxable Value: 1813253
SEV: 1893800
For Tax Year: 2023
Annual Property Tax: 105591
Tax Year: 2023
Spec Assessment & Type: None known
Zoning: PUD
Remarks & Misc
Legal: Attached
Directions: US-31 to Sternberg east exit or Pontaluna exit. At the NW corner of Harvey and E. Mt. Garfield.
Additional Details
Ceiling Height: 8
SqFt Information
Rentable Office SqFt: 4492
Total Bldg Office Sq: 19108
Total Bldg SqFt (Gro: 19108
Waterfront Options
Water Access Y/N: No
Property Features
Property Use: Investment; Net Leased (nnn)
Uses: Professional/Office; Retail
Business Includes: Non-Applicable; Real Estate
Construction Type: Frame/Wood
Exterior Material: Brick
Roofing: Composition
Below Grade: None
Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water
Sewer: Public
Water: Public
Utilities Attached: Electric; Natural Gas
Util Avail at St: Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Supplements
The main level is fully occupied while the upper floor currently has approximately 5,000 SF of vacant lease space available representing potential upside. Choice One Bank will execute a leaseback of their current space. Choice One Financial Services is headquartered in Sparta, Michigan, and the parent company of Choice One Bank. They operate 37 offices in Michigan and have been in existence for over 125 years.
Listing Office: Core Realty Partners LLC
Listing Agent: Bryan Bench
Last Updated: April - 30 - 2024
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