1937 Lakeshore Dr Muskegon, MI 49441

This unique mixed-use property at 1937 Lakeshore Drive in Muskegon, Michigan, presents a compelling investment opportunity. Currently configured as a building with approximately 9,583 square feet on a 0.22-acre lot, it boasts a prime location near Muskegon Lake, offering stunning water views and proximity to Lake Michigan. The property's zoning allows for a variety of uses, including apartment building, motel, and restaurant operations. Previous plans, available for review, detail a substantial expansion project to create a mixed-use development. These plans envisioned nine apartments across two floors, and four retail spaces on the ground floor. The expansion would have nearly doubled the existing building's size, incorporating three north-facing and two south-facing top-floor apartments, along with four two-story east-facing apartments and associated garages. The asking price for this exceptional property is $500,000. This presents a rare chance to acquire a strategically located asset with significant potential for redevelopment and substantial returns. The property is situated in Muskegon County, Michigan, with a 49441 zip code. All interested parties are encouraged to conduct their own due diligence to verify all aspects of the property and its potential.