349 W Webster AVE, Muskegon City, MI 49440
349 W Webster AVE, Muskegon City, MI 49440
349 W Webster AVE, Muskegon City, MI 49440
349 W Webster AVE, Muskegon City, MI 49440
349 W Webster AVE, Muskegon City, MI 49440
349 W Webster AVE, Muskegon City, MI 49440
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$ 1,200,000
Est. payment | /mo

1 Bath

43,860 SqFt


$ 1,200,000
Est. payment | /mo

1 Bath

43,860 SqFt

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 43,860 sqft

Price per Sqft $27

MLS Listing ID 71026058515

Year Built 1892

Lot Size 2.580 Acres

Acres 2.58

Property Sub-Type BusinessandRealEstate

Property Description

Take the reins of an iconic lakeshore landmark. The historic Hackley Administration Building, a true architectural masterpiece in the heart of Downtown Muskegon, is available for a visionary developer to finalize its transformation. This property represents an unparalleled value proposition with approximately $4,000,000 in capital already invested to date by current ownership. The challenging foundational work has been completed: the building's striking exterior structure is stabilized, and the interior has been demolished down to the studs. This leaves a clean, blank slate that saves the incoming developer millions of dollars and years of site-prep timelines. Spanning 3 stories plus a massive basement with a generous total size of 43,860 square feet, the property was most recently slated for a high-end luxury boutique hotel project ("Hackley Castle"). The layout offers immense versatility, allowing a new owner to either complete the boutique hospitality buildout or seamlessly pivotthe footprint toward luxury multifamily apartments, a vibrant mixed-use retail hub, or a prestigious corporate headquarters.

Location

State MI

County Muskegon

Area Area61102Muskegon

Rooms

Basement Common Storage Locker, Full

Interior

Heating Natural Gas, None

Fireplace No

Exterior

Parking Features Paved

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Building

Foundation Basement

Sewer Public Sewer, Storm Drain

Water Public

New Construction No

Schools

School District Muskegon

Others

Ownership LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26058515

Realcomp MLS
Listed by Joseph Keck-Dion of Core Realty Partners LLC
Raphael L. Price

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 672-4505

price.raphael@gmail.com

280 North Old Woodward Suite 100, Birmingham, Michigan 48009, USA

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349 W Webster AVE