$199,000
For Sale

1442 E Broadway Avenue #LAND

Norton Shores, MI 49444
Type:Purchase
Structure:Land
Zone:Residential

Description

The subject property is the location of the former Phillips School situated within the city of Norton Shroes. Current zoning is SUD (Special Use District). The property is comprised of 5+ acres improved with a 42,000 SF school building. The building has not been occupied since at least 2010 and is in a state of disrepair. The value is in the land, which could be redeveloped for a variety of uses. Potential uses include residential development (with approval from the municipality). Brownfield incentives could be available for site clearing/demolition activities associated with redevelopment of the parcel.

  • Property Details
      • Lot DescriptionLevel, Building
    • Measurements
      • Acres5.24
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesWater Available, Sewer Available, Water Connected, Sewer Connected, Electricity Connected
  • Community and Neighborhood Details
      • School DistrictMuskegon
      • CountyMuskegon
  • Financial Details
      • Original List Price$199,000
      • Days on Market (Cumulative)18
  • Other
      • MLS #24057928

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00