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1.877.808.7007

930 Washington Avenue $12,000,000

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    930 Washington Avenue Muskegon, MI 49441

    • 666,591 sq.ft.
    • 15.21 Acres
    • Commercial-Industrial
    MLS# 19033958 | Active
    Days On Market: 91 65 Views
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    Property Details

    The Watermark Center is a 650,000+ SF mixed-use development located in Muskegon, MI and housed in the former Shaw Walker furniture factory. The property is positioned across the street from the deep water port of Muskegon Lake which is connected to Lake Michigan. The site is 15+ acres, an entire city block. Within the property there are 33 fully-occupied 1-3 bedroom loft units with a waiting list. The Watermark 920 is a 9,500 SF event center that is wildly successful and booking 1-2 years in advance. The Coffee Factory is a 2,500 SF masterpiece of a coffee shop. Adjacent to the Coffee Factory is a 2,500 SF office. There is 104,105 SF currently being leased by Knoll Corporation. The remainder of site is 492,025 SF of unfinished shell. The entire property sits within the OPPORTUNITY ZONE

    • General Features
      • Area Muskegon County - M
      • Property Sub Type Retail/Commercial
      • Business Includes Other
      • SubArea M70 - City of Muskegon W of Seaway Drive
      • Uses Manufacturing, Other, Recreation, Retail, Storage
      • Municipality Muskegon City
      • New Construction No
      • Ownership LLC
      • Construction Type Concrete
      • County Muskegon
      • Year Built 1902
      • Annual Property Tax 63268.00
      • Tax Year 2018
    • Building Features
      • Air Conditioning Central
      • Water Fea Amenities View
      • Total SqFt 666591.00
      • Total Number Bldgs 1.00
      • Driveway Paved
      • Heat Source Natural Gas
      • Heat Type Forced Air
      • Number Fin Bldg Levels 5.00
      • Roofing Rubber
      • Current Bldg Use event center, coffee shop, office, condos, manufac
    • Property Features
      • Waterfront Y/N No
      • Water Type Lake
      • Water Public
      • Utilities Attached Cable, Electric, Natural Gas, Telephone
      • Street Type Paved,Public
      • Util Avail at St Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Storm Sewer,Telephone
      • Road Frontage 1070.00
      • Sewer Public
      • Lot Square Footage 662548.00
      • Lot Measurement Acres
      • Lot Dimensions 1070x678x491x424x540x359
      • Lot Acres 15.21
    • Schools
      • School District Muskegon

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    Neighborhood

    49441 (Muskegon) Demographics

    43Median Age
    1,656Population Density (per sq. mile)
    37%College Educated
    $45,633 Estimated Median Income
    10,946Estimated Total Home Owners
    4,604Estimated Total Renters
    70% / 30%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    36,012Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $129,950 Median Sales Price
    48 Homes Sold
    66 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $12,000,000
        7/19/2019 1:37:00 PM New in Database Source

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