1970 Apple AveMuskegon, MI 49442

Property Details for 1970 Apple Ave

Year built

1942

Lot size

0.59 AC

Property size (Sq ft)

6,954 SF

Zone code

C1

Property type

Commercial real estate

APN

61-10-022-300-0023-00

APU

6110022300002300

Description

This exceptional 2,318 square foot retail space, located within the Quarter Apple Mall (QAM) in Muskegon, MI, presents a remarkable leasing opportunity. Situated at 1970 E Apple Ave Suite C, this end-cap unit boasts high visibility from East Apple Avenue (M-46) and Quarterline Road, an intersection with an average daily traffic count of 31,503 vehicles. The space is part of a larger 52,287 square foot shopping center comprised of three buildings, offering excellent signage opportunities including a reader board on a large pylon sign. The suite, previously occupied by Big Apple Bagels, benefits from its location within a thriving retail environment, including co-tenants such as Verizon and Edward Jones. All restaurant furniture, fixtures, and equipment are included. The Quarter Apple Mall features a diverse tenant mix including retail, service, and office businesses, attracting a substantial customer base. The immediate trade area is densely populated, with 56,556 people within a 3-mile radius, and is further enhanced by the presence of numerous regional and national retailers and service companies such as Aldi, Dollar Tree, O'Reilly Auto Parts, and many others. The property offers easy ingress and egress, controlled by a traffic light at the intersection. This is an ideal location for a restaurant, benefiting from a drive-through between the building and the Muskegon Township Office.

• CAP approach

  CAP return

  Valuation

  6%

  $1,439,450

  6.5%

  $1,328,720

  7%

  $1,233,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $905,758

  Geo Method

  $905,758

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,449,230

  Retail / Commercial

  $1,288,590

  Mixed-Use / Specialty

  $1,309,710

  Hospitality / Lodging

  $994,378

  Office

  $1,328,720

  Institutional / Educational

  $1,370,760

  Residential Income

  $1,603,800

  Multifamily

  $1,780,930

  Automotive / Energy

  $1,174,940

  Parking / Income-Based Land

  $380,049

  Restaurant / Food Service

  $736,078

  Healthcare / Senior Housing

  $1,316,710

Location Insight

City

Muskegon

County

Muskegon

State

Michigan

Latitude

43.2345

Longitude

-86.195

CBSA code

34740

CBSA name

MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].