122 Muskegon AveMuskegon, MI 49440

For Sale
$600,000

Prime 0.97-acre commercial land, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 0.97-acre commercial land parcel presents a remarkable development opportunity in the heart of Muskegon, Michigan. Located at 122 W Muskegon Ave, 49440, this high-visibility site boasts frontage on three streets, offering unparalleled exposure. Currently listed at $600,000, the property is situated directly across from City Hall, providing immediate access to municipal services and a prominent location within the thriving downtown area. The existing building will be removed, allowing for complete design flexibility. Preliminary plans suggest the potential for a substantial multi-family development, with estimates indicating the possibility of constructing over 68 one-bedroom apartments, each with a dedicated parking space. Alternatively, the site is well-suited for a 10,000 square foot early childhood education facility. The property's designation as an Opportunity Zone further enhances its investment appeal. The seller is open to selling the land outright or exploring joint venture partnerships to facilitate development. This is a unique chance to capitalize on the revitalization of downtown Muskegon and create a significant impact on the community. Don't miss this exceptional opportunity to acquire a prime development site in a rapidly growing area.

Highlights

  • High-visibility, 0.97-acre commercial lot in downtown Muskegon, MI.
  • Located directly across from City Hall on Muskegon Ave.
  • Designated Opportunity Zone property.
  • Existing building to be demolished, allowing for flexible development.

Property Details for 122 Muskegon Ave

Property type
Other land, Land
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Muskegon
County
Muskegon
State
Michigan
Latitude
43.2357336
Longitude
-86.2468496
122 Muskegon Ave, Muskegon, Michigan

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122 Muskegon Ave
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