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Commercial Real Estate in Muskegon Michigan

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Live On-Site Auction

Wednesday, October 11th
1:00 PM (ET)

Preview

Thursday, September 28th
11:00 AM – 1:00 PM (ET)

Auction Details

6,000 SF versatile commercial building on 2.5 ± acres at the intersection of Holton Rd. & Riley-Thompson Rd. This property was most recently used as a fitness center, but could have a number of applications for a new owner; i.e. Multi or Single-Tenant Office/Retail, Contractor, Automotive Storage, Professional Offices, etc. Great potential and it can be bought at the price you set, with this property selling with No Minimum, No Reserve.

Address 2968 E. Riley Thompson Rd., Muskegon, MI 49445
Zoning C1
Parcel Number 61-07-013-300-0007-20
Lot Size 2.55 AC (Muskegon County Assessor)
Frontage Area 350′ +/- on Holton Rd.; 280′ +/- on Riley Thompson Rd.
Building Size 6,000 SF (50′ x 120′)
Construction Type Concrete Block
Roof Type Pitched Asphalt Shingle
HVAC Type Central Air/Forced Air Heat with 3 zones (Natural Gas)
Parking Lot Paved Asphalt, 7,200 SF (60′ x 120′)
Assessed Tax Value $106,500
Annual Taxes (2016) $5,332.11 (Summer – $1195.70 / Winter – $4,125.65)
Other Pertinent Data All interior walls are temporary.  Could be clear span.
  Storage building has electric and overhead door (12′ x 16′)
  Two concrete pads for outdoor storage or use
  Wired for secure keycard entry system & motion/timed lighting
  Property winterized and septic field pumped just over a year ago
  Well pump installed new in 2015
Required Down Payment $10,000 cashier’s check, brought to 10% within 3 business days
Closing Time 30 days, or sooner if desired
Tax Administration Buyer’s first tax liability will be Summer 2018 installment.  Winter 2017 paid at closing by Seller.

For more information, contact
Seth Seaton
(317) 353-1100 (Office)
sseaton@keyauctioneers.com

Key Terms
10% buyers premium will be collected
Seller: Blue Wave Commercial, LLC

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