122 Muskegon AveMuskegon, MI 49440

This exceptional 0.97-acre commercial and multifamily-zoned land parcel presents a unique investment opportunity in the heart of downtown Muskegon, Michigan. Located at 122 W. Muskegon Avenue, this high-visibility site sits directly across from City Hall, offering unparalleled exposure and accessibility. The property is currently designated as an Opportunity Zone, providing significant tax advantages for qualified investors. The existing structure will be removed, allowing for immediate development. Pre-approved plans are available for a 68-unit one-bedroom apartment complex with on-site parking, making this an ideal project for developers seeking a turnkey solution. The property is being offered for sale at $600,000, representing a compelling land value per square foot. Alternatively, the owner is open to contributing the land to a development LLC, offering flexibility for various partnership structures. This prime location, coupled with the existing development plans and Opportunity Zone designation, makes this a truly exceptional investment opportunity in a rapidly growing downtown area. The property is owned by 122 LLC and is being offered for sale by owner. The sale includes all preliminary plans approved by the city of Muskegon. The property is zoned for commercial and multifamily use, providing a wide range of development possibilities. This is a rare chance to acquire a significant piece of land in a thriving Michigan city.