880 W Sherman Boulevard, Muskegon MI 49441 Photo 1 880 W Sherman Boulevard, Muskegon MI 49441 Photo 2

No driving directions were found. Please adjust your search.

880 W Sherman Boulevard - Retail Investment Opportunity! Grocery anchored strip center with long term lease. Excellent tenant mix for the immediate trade area in Muskegon, MI. The property has been leased by Save-A-Lot and Family Dollar for extended lease terms. The small space tenants have also recently renewed and the center has enjoyed full and consistent occupancy. Located at a lighted corner with heavy shopping traffic on both frontage streets. 20,573 CPD on West Sherman and 9,032 CPD on Henry St. The building has been well maintained and a new roof was installed in 2016 and updated HVAC. The asphalt parking lot was filled and sealed in 2018. Increasing rents make this property an excellent investment for stable and increasing cash flows!

Listing information

  • MLS® ID: 19003495
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $31,669
  • Subdivision: M70 - City of Muskegon W of Seaway Drive
  • Style: Commercial
  • Stories: 0
  • Total Square Footage: 29,310 ($69.91 per sq. foot)
  • County: Muskegon
  • Year Built: 1979
  • New Construction: No
  • Lot Area: 2.50 Acres
  • School District: Muskegon

Features

Auction or For Sale For Sale
Below Grade None
Business Includes Real Estate
Construction Type Block
Driveway Paved
Exterior Material Block
Heat Source Natural Gas
Heat Type Forced Air
Other Road Frontage - 1.00, Zoning - B-2
Property Sub-Type Retail/Commercial
Purchase Terms Avail Cash/Conventional
Roofing Rubber
Sale Conditions None
Street Type Paved, Public
Uses Retail
Util Avail at St Storm Sewer
Utilities / Sewer Public
Utilities Attached Electric, Natural Gas, Telephone
Water Type Public
Listing Courtesy of Ross Pope of Redstone Commercial Investments