1036 Sternberg RdNorton Shores, MI 49444

  • Commercial real estate
  • 51,990 SF
For Lease
$9/SF/YR View listing

Property Details for 1036 Sternberg Rd

Year built
2001
Lot size
13.63 AC
Property size (Sq ft)
51,990 SF
Zone code
C-2
Property type
Commercial real estate
APN
61-27-708-000-0003-00
APU
6127708000000300

Description

This exceptional retail space, totaling 2,400 square feet, is part of a larger 56,587 square foot community retail center situated on a spacious 14-acre lot in Norton Shores, Michigan. The property boasts a highly desirable location at the northeast corner of Grand Haven Road and Sternberg Road, offering convenient access and high visibility. Multiple driveways on both roads ensure easy ingress and egress for customers and employees. The C-2 zoning allows for a variety of retail uses. The property's location within a growing area, coupled with the proximity to a proposed $180 million Little River Band Casino just one mile away, presents a significant opportunity for increased foot traffic and business growth. The tenant is responsible for utilities including air conditioning, electricity, gas/heat, insurance, phone, janitorial services, refuse removal, sewer, snow removal, taxes, and water. The APN is 61-27-705-000-0001-00. This single-tenant space is ready for immediate occupancy and offers a unique chance to establish a thriving business in a dynamic and expanding market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,868,815
    Hospitality
    $9,955,776
    Educational
    $8,283,088
    Medical
    $8,567,957
    Retail
    $12,884,805

Location Insight

City
Muskegon
County
Muskegon
State
Michigan
Latitude
43.1562
Longitude
-86.2191
CBSA code
34740
CBSA name
MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$65,443
-
-
$1,195,000
-
-
-
$2,390,000

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