350 W Western Ave
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350 W Western Ave
9,629 SF 42% Leased Retail Building Muskegon, MI 49440 $995,000 ($103/SF)
Executive Summary
Iconic property situated in the epicenter of downtown Muskegon available for sale. The historic Savings and Loan Bank building that is home of the 18th Amendment Spirits Company offers an exceptional opportunity for the restaurateur or similar operator. The building has been tastefully renovated while retaining its historic charm. Located in the heart of the entertainment district, it is in proximity to the Trinity health Arena, Frauenthal Center, and West Michigan Symphony Orchestra. 18Th Amendment is a craft distillery and restaurant which features a full kitchen and wood-fired pizza oven. The furniture, fixtures, and equipment (FFE) are included in the asking price. Excellent opportunity to create a year-round destination location in downtown. Bring your creative ideas and join the momentum building in downtown Muskegon.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
9,629 SF
Building Class
C
Year Built/Renovated
1908/2015
Price
$995,000
Price Per SF
$103
Percent Leased
42%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.03
Lot Size
7.86 AC
Opportunity Zone
Yes
Zoning
B-3 - Commercial Zoned District
Parking
175 Spaces (18.17 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Dedicated Turn Lane
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 5,623 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,623 SF | Retail | - | Now |
1st Floor
| Size |
| 5,623 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 24-233-000-0006-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $295,100 |
PROPERTY TAXES
Parcel Number
24-233-000-0006-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$295,100
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350 W Western Ave
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