Former Shopko

Retail-Commercial for Sale
Catylist Listing ID: 30360186
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 45,243 SF
Gross Building Area: See Agent
Gross Land Area: 5.92 Acres
Sale Price: $995,346
Unit Price: $22 PSF
Ceiling: 13 ft.
Property Use Type: Vacant/Owner-User
Building Name: Shopko
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2019

Overview / Comments

Former Shopko near new Walmart, national food chains, and other retailers. Great location for a big box retailer or divide into multiple suites. Easy access from nearby US 31. Take advantage of the traffic heading to White Lake and the unique local shopping experiences. Could be converted for recreational use.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $35,434 (Annual)
Tax Value Improvements $628,405
Assessed Value - Total($) $881,500 (Annual)

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: Whitehall Township
Tax ID/APN: 03027200001900
Zoning: C-1
Retail Clientele: General, Family, Business, Tourist, Recreation
Property Located Between: Whitehall & Peterson
Property Visibility: Excellent
Feet of Frontage: 315
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 45,243 SF
Property Condition: Good
Year Built: 1985
Roof Type: Other
Construction/Siding: Block, Steel Frame
Exterior Description: Brick/Stone/Concrete Block/Metal
Parking Type: Surface
Parking Description: Parking lot
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Baseboard
Air Conditioning: Package Unit
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,519 5,584 15,312
Median Age: 40.26 41.42 41.84
Households: 1,090 2,273 6,016

Contact

Photograph of Listing Agent

Jim Olsen

Signature Associates
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