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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1631 W Sherman Boulevard , Norton Shores, MI 49441
$1,400,000
Est. Payment: $3,111.11/mo
0 Bed
12 Bath
55564 Sqft
Status: Active | Days on site: 1
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hh10196 - hm10478,h18591
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

1631 W Sherman Blvd offers a rare large-scale commercial investment opportunity within the Glenside Shopping Center corridor in Muskegon. Situated on approximately 3.96 acres, this multi-tenant property features over 55,000 SF of retail and office space with strong income potential and significant leasing upside. The property currently includes 6 established tenants, creating value-add opportunity for investors or owner-users. The upper-level office section includes elevator access and multiple office suites suitable for medical, corporate, administrative, educational, or service-based users. Flexible zoning and layout support a variety of potential uses including retail, office, medical, grocery, fitness, and community services. Strategically located along highly traveled W Sherman Blvd with excellent visibility and access.
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Highlights

Listed by David Medendorp , 231-206-3367 and Seth Koeller , 231-666-4253 Medendorp Real Estate Group , 231-777-7355.

Property Type

Commercial Sale
Lot/Acreage
3.96

Year Built

1952

County

Muskegon

 School District

Mona Shores

Listing ID

26023915

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:12
  • ▪ Full Bathrooms:12
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Broadband

Exterior Features

Garage Capacity:208
Roof:Rubber
Principal Interest
$3,111
Taxes
$1,643

Home Price

$1,400,000

Loan Details

30 yrs
%

Down Payment

20%
$280,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,111.11 $1,643.33 $0.00 $4,754.44
Yearly $37,333.33 $19,720.00 $0.00 $57,053.33
Total $1,120,000.00 $591,600.00 $0.00 $1,711,600.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Norton Shores, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.