2389 Laketon AveMuskegon, MI 49442

For Sale
$975,000

Approved self-storage development site, high demand.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully permitted self-storage development site in Muskegon, Michigan. Located at 2389 E Laketon Ave, this 6.6-acre property boasts a substantial 44,266 square feet of space, perfect for immediate development. The property is zoned for commercial/industrial use and features one existing building constructed in 1936. All necessary permits are in place, eliminating significant pre-development hurdles and allowing for a rapid path to revenue generation. The asking price is $975,000, translating to $22.03 per square foot. This vacant property represents a prime opportunity for investors seeking to capitalize on the robust self-storage market. Note that this property is part of a larger self-storage package deal including additional sites in Flint and Kalamazoo, Michigan (off-market). Detailed information on the entire package is available upon request. This Muskegon site offers a compelling combination of location, size, and regulatory approvals, making it an attractive investment for experienced developers and investors. The property's existing building provides a potential starting point for development or could be repurposed within the self-storage plan. This is a turnkey opportunity to enter or expand within the thriving self-storage sector.

Highlights

  • $975,000 asking price for a vacant, 44,266 square foot flex space.
  • Located at 2389 E Laketon Ave, Muskegon, MI 49442, on a 6.6-acre lot.
  • Municipally approved self-storage development site with all permits in place.
  • Features a 1936-built building with Commercial/Industrial zoning.
  • $22.03 price per square foot.

Property Details for 2389 Laketon Ave

Property type
Other mixed-use properties, Self storage facilities
Square Feet
44,266 SF
Year Built
1936
Buildings
1
Lot Size (sq. ft)
287,496 SF

Location Insight

City
Muskegon
County
Muskegon
State
Michigan
Latitude
43.219698311072
Longitude
-86.18622315873
2389 Laketon Ave, Muskegon, Michigan

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2389 Laketon Ave
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