318 Houston Avenue, Muskegon, MI 49441
sale
$825,000
|
Office
Courtesy Of Medendorp Real Estate Group
493 W. Norton Ave, Ste C, Muskegon, MI
318 Houston Avenue - The Historic Hovey House Own one of Muskegon County's most iconic estates. Built in 1889 by lumber baron Horatio Hovey, this Michigan Historic Site blends Gilded Age architecture with strong income potential just steps from Muskegon Lake, the Convention Center, Third Street dining, and the waterfront redevelopment district. Currently generating over $100,000 annually, this mixed-use property includes 10 professional office suites, a luxury residential apartment, 2 full kitchens, 6 bathrooms, potential for 8-10 bedrooms, 24+ private parking spaces, and flexible B-1 zoning for residential or commercial use. Live upstairs and lease below, convert to executive suites or boutique venue, or create a flagship headquarters with private residence. Walkable. Historic. Income-producing. A rare West Michigan trophy asset. Zoned B-1, the building offers flexible use for professional office space, residential living, or investment purposes. Presently, the property is used as a combination of professional office space and a private apartment. In the past, it has also served as a single-family home and a restaurant, showcasing its versatility. The main floor features elegant shared office and conference room space, while the lower level includes a full kitchen and two bathrooms with a private rear entranceideal for subleasing or hosting events. The third floor offers a spacious 2-bedroom, 1-bath apartment with in-unit laundry, providing additional rental income or a comfortable on-site residence. With income potential exceeding $100,000 annually and 24 private parking spaces, the Hovey House offers a rare blend of historic character and commercial opportunity in the heart of a thriving lakeshore city. Multi-Family Listing MLS # 25027006
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Building Units: 11
- Cooling System: Central Air
- Exterior Type: Wood Siding
- Floors: 4
- Heating System: Heat Pump (Heating)
- Heating System: Forced Air
- Heating System: Ductless (Heating)
- Legal Description: CITY OF MUSKEGON REVISED PLAT 1903 LOT 12 & E 1/2 OF LOT 11 BLK 349 ALSO S 1/2 OF VAC ALLEY ADJ ALSO LOT 1 BLK 349 AND
- MLSID: 25026979
- Parking Spaces: 24
- Roof Type: Composition
- Roof Type: Rubber
- Rooms: Bathroom 6
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Basement
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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