3375 Merriam Street $250,000

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    3375 Merriam Street Muskegon Heights, MI 49444

    Closed
    SOLD 4/30/2024

    $250,000

    Market Estimate
    • 17,864 sq. ft.
    • 1.31 Acres
    • Commercial
    • MLS# 23013513
    3375 Merriam Street, Muskegon Heights, MI 49444
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    Listing provided courtesy of: Medendorp Real Estate Group
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    Property Details

    Description

    Strategically Located Commercial Gem in Muskegon! Nestled just a block from US31 and offering prime access to US31 & I-96 via Business 31 (Seaway Drive), this Heritage office building boasts a sprawling 17,864 sq ft interior. Currently 80% tenant occupied, it offers a steady rental income stream from 9 diverse tenants. Its campus-style setting is enhanced with pleasing landscaping, paved driveways, sidewalks, and generous parking. Key features include Central Air, Forced Air heating using Natural Gas and Public utilities. Ideal for Institutional, Professional Services, Storage, Offices, and more. Although 80% of the roof has been updated, potential buyers should note it needs updating and has some maint. Purchase options are Cash & Conventional. An investment worth seizing

    • General Features
      • Year Built 1979
      • New Construction Y/N false
      • Business Type Other,Professional/Office,Professional Service,Storage,Institutional
      • County Or Parish Muskegon
      • Property Sub Type Office
      • Tax Annual Amount 11749.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Building Area Total 17864.0
      • Number Of Units Total 14
      • Heating Y/N true
      • Full Bathrooms 4
      • Bathrooms 4
    • Property Features
      • Lot Size Acres 1.31
      • Lot Size Area 1.31
      • Number Of Buildings 1
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Muskegon Hts

    Neighborhood

    49444 (Muskegon Heights) Demographics

    37 Median Age
    1,234 Population Density (per sq. mile)
    25% College Educated
    $42,670 Estimated Median Income
    7,190 Estimated Total Home Owners
    2,967 Estimated Total Renters
    71% / 29% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    30,003 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $259,950 Median Sales Price
    52 Homes Sold
    66 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $300,000 20%
        4/30/2024 3:00:00 AM Sold Source: Multiple Listing Service New Value: $250,000 -12.28%
        4/12/2024 12:14:30 PM Status Changed Source: Multiple Listing Service New Value: Pending
        12/27/2023 5:44:11 PM Price Reduced Source: Multiple Listing Service New Value: $285,000
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        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 5/8/2024 2:14:41 PM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.