349 W Webster Avenue, Muskegon, MI 49440
349 W Webster Avenue, Muskegon, MI 49440
349 W Webster Avenue, Muskegon, MI 49440
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$1,200,000
Est. payment /mo
1 Bath
43,860 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 43,860 sqft

Price per Sqft $27

Municipality Muskegon City

MLS Listing ID 26058515

Full Baths 1

Year Built 1892

Annual Tax Amount $6,140

Tax Year 2025

Lot Size 2.582 Acres

Acres 2.58

Lot Dimensions 396 x 284

Property Sub-Type Retail

Source Michigan Regional Information Center (MichRIC)

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 pivot the footprint toward luxury multifamily apartments, a vibrant mixed-use retail hub, or a prestigious corporate headquarters. the footprint toward luxury multifamily apartments, a vibrant mixed-use retail hub, or a prestigious corporate headquarters.

Location

State MI

County Muskegon

Interior

Heating None

Cooling None

Inclusions Real Estate

Exterior

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer

View Y/N No

Street Surface Paved

Building

Structure Type Brick,Stone

New Construction No

Schools

School District Muskegon

Others

Tax ID 24-205-335-0001-00

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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


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Listed by Core Realty Partners LLC

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Sherie Berry

Sherie Berry

+1(616) 581-3294

Agent License ID: 6501452737

Agent License ID: 6501452737

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