896 Jefferson St Muskegon, MI 49440

This exceptional redevelopment opportunity presents a vacant, 5,200 square foot, two-story brick building situated on a 0.21-acre lot in the heart of downtown Muskegon, Michigan. The property, located at 896 Jefferson St, Muskegon, MI 49440 (APN: 61-10-20-533-000), is currently vacant and offers significant potential for mixed-use development. The building is partially demolished inside, providing a blank canvas for a new vision. The property includes 17 parking spaces, a significant advantage in a bustling downtown area. A previous owner proposed plans for a convenience store on this site, and a liquor license may be available for an additional cost. This prime location benefits from its designation as an Opportunity Zone, potentially offering significant tax advantages. Furthermore, the City of Muskegon may provide additional redevelopment tax abatements, such as Obsolete Property Certificates, further enhancing the investment potential. The asking price is $350,000, translating to $67.31 per square foot. This presents a unique chance to capitalize on the revitalization of downtown Muskegon. Don't miss this chance to acquire a property with substantial upside in a thriving urban environment.