3375 Merriam Street $300,000
- 17,864 sq. ft.
- 1.31 Acres
- Commercial
- MLS# 70310153
Listing provided courtesy of: Medendorp Real Estate Group - (231) 777-7355
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Property Details
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
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General Features
- Acreage 1.31
- Area Municipality Muskegon Heights (61024)
- County Muskegon
- Originating MLS West Michigan Lakeshore Association of REALTORS
- Ownership LLC
- Total SqFt Finished 17864
- Waterfront Y/N No
- Year Built 1979
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Building Features
- Exterior Construction Frame, Wood
- Heating System Forced Air
- FUEL TYPE Natural Gas
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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
Contact
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
$196,000
Median Sales Price
34
Homes Sold
62
New On Market
Average Days on Site
Properties for Sale
Calculations provided by Reliance Network
Property History
| Date | Price |
|---|---|
| -- | New Value: $300,000 |
| 8/21/2023 12:21:02 PM | New Value: $300,000 |
| 5/1/2023 4:23:00 PM | New Value: $385,000 |
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* This payment calculator is intended for educational and planning purposes only.
** Assumes 7.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
** Assumes 7.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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.
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.