5169 Harvey Street, Norton Shores, MI 49444 (MLS# 19008246)

5169 Harvey Street, Norton Shores, MI 49444

$1,825,000
Property Type: Commercial Sale Square Footage: 10,500 Lot Size (sq. ft.): 54,886 Status: Sold
Current Price: $1,875,000 List Date: 3/08/2019 Last Modified: 11/29/2022

Description

RETAIL INVESTMENT OPPORTUNITY – 10,500 SF retail center on 1.26-acre outlot in front of Lakeshore Marketplace in Norton Shores, Michigan. This Harvey Street retail center is 100% occupied with 2 new tenants, Biggby Coffee (2018) and Affordable Dentures & Implants (2019), as well as stable, long-term tenants Sprint, Advance America Cash Advance and Lux Nails & Spa. Located in Muskegon County's primary retail corridor – just north of The Lakes regional mall and Meijer – this solid investment opportunity is situated at the lighted intersection of Lakeshore Marketplace featuring Target, Hobby Lobby, HomeGoods, Barnes & Noble, TJ Maxx and many others.

More Information MLS# 19008246

Location & Property Info

Cross Streets: Independence Dr. & Ellis Rd. Property Sub-Type: Retail Area: Muskegon County - M Municipality: Norton Shores City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 178.57 Prop Avail for Lease?: No Current Bldg Use: Harvey Street Retail Center

General Property Info

New Construction: No Lot Dimensions: 215x255 Road Frontage: 215 Waterfront: No Total # Units: 1 Total # Bldgs: 1 # Fin Bldg Lvls: 1 Total SqFt: 10500 Total Net SqFt: 10500 Property Use Type: Investment School District: Mona Shores Lot Measurement: Acres Lot Acres: 1.26 Lot Square Footage: 54886 Year Built: 2000

Tax Info

Taxable Value: 549689 SEV: 568500 For Tax Year: 2019 Seller's Annual Property Tax: 33075.01 Tax Year: 2018 Homestead %: 0 Spec Assessment & Type: None known Non-Conforming Use: No Zoning: PUD Tax ID #: 6127121200001300

Remarks & Misc

Legal: Attached

Status Change Info

Sold Price/SqFt: 173.81 Under Contract Date: 2019-04-23 Sold Date: 2019-06-18 Sold Price: $1,825,000

Street Type

Paved: 1 Public: 1

Property Use

Investment: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Retail: 1

Construction Type

Block: 1

Exterior Material

Concrete: 1

Roofing

Stone: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Ownership

LLC: 1

Below Grade

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Business Includes

Non-Applicable: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1 Storm Sewer: 1

Tenant Pays All

Building Insurance: 1 Common Area Maintena: 1 Electric: 1 Gas: 1 Janitorial: 1 Management Fee: 1 Prop Taxes/Assess: 1 Sewer: 1 Trash: 1 Water: 1

Driveway

Paved: 1

Send to Econ Dev Org

MEDC: 1 SWMI First, Region 5: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Location Property Info

County: Muskegon Street #: 5169 Street Name: Harvey Suffix: Street State: MI Zip Code: 49444

OfficeContract Info

Status: Sold Current Price: $1,825,000 List Price: $1,875,000 Listing Date: 2019-03-04

Remarks Misc

Directions: Harvey Street in front of Lakeshore Marketplace.

Property Features

Property Use: Investment Uses: Retail Ownership: LLC Business Includes: Non-Applicable Construction Type: Block Exterior Material: Concrete Roofing: Stone Below Grade: None Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: Close Of Escrow
Listing Office: Bradley Company
Listing Agent: Jodi K Milks
IDX
Last Updated: November - 29 - 2022
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Real Estate Insider 🏡🎯
Stay ahead in the real estate journey with insights that matter. Our newsletter is all about helping you save when buying and earn more when selling. Provide your email and text #, and we’ll deliver the knowledge you need. 👇👇👇