3375 Merriam Street $250,000

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    3375 Merriam Street Muskegon Heights, MI 49444

    Sold
    SOLD 4/30/2024

    $250,000

    Market Estimate
    • 17,864 sq. ft.
    • 1.31 Acres
    • Commercial
    • MLS# 70310153
    3375 Merriam Street, Muskegon Heights, MI 49444
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    Listing provided courtesy of: Medendorp Real Estate Group - (231) 777-7355
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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
      • Acreage 1.31
      • Area Municipality Muskegon Heights (61024)
      • County Muskegon
      • Originating MLS West Michigan Lakeshore Associat
      • Ownership LLC
      • Total SqFt Finished 17864
      • Waterfront Y/N No
      • Year Built 1979
    • Building Features
      • Exterior Construction Frame, Wood
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water, Public Water at Street
      • Lot Size 133 x irregular
      • Roads City/County
      • Sewer Septic Public Sanitary, Public At Street, Storm

    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

    $274,900 Median Sales Price
    46 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 12:06:23 PM Status Changed Source: Multiple Listing Service New Value: Pending
        12/27/2023 5:51:08 PM Price Reduced Source: Multiple Listing Service New Value: $285,000
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        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.