For Sale
790 Terrace Street, Muskegon, MI 49440
$449,900
MLS # 26029099 (Michigan Regional Information Center (MichRIC))
2 bathsBuilt 19000.32 acres
1 / 3
Listing Description
Exceptional commercial opportunity in the heart of downtown Muskegon! Offering over 7,500 square feet of versatile space, this property provides endless potential to bring your next business endeavor to life. Located in one of downtown Muskegon's premier locations directly across from the Muskegon Farmers Market, this high-visibility property is positioned in a thriving, high-traffic area. The flexible layout offers the opportunity to design the space to suit your vision, whether it's a business on the main floor with apartments above or another income-producing concept. With its prime location and tremendous redevelopment potential, this property is a rare opportunity for investors, entrepreneurs, and developers alike.
Source: SparkMLS
About this home
This 2-bath home built in 1900 sits in Muskegon in Muskegon.
Currently offered at $449,900.
Property tax estimate: $7,315 per year ($610/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeBusiness Opportunity
Bathrooms2
Lot Size0.32 acres
Year Built1900
Location
CityMuskegon
MunicipalityMuskegon City
Zip Code49440
CountyMuskegon
School DistrictMuskegon
Construction & Systems
HeatingForced Air
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Storm Sewer
Sale & Financing
Listed6/11/2026
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$7,315
Tax Year2025
Assessed Value$122,295
Parcel #24-205-175-0010-00
Source: SparkMLS
Legal Description
CITY OF MUSKEGON REVISED PLAT OF 1903 LOTS 10-12 BLK175 E XC SLY 63 FT TH' OF LOT 13 & NL Y 12 FT OF NWLY 41 FT LOT 14
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by William E Carlston
Greenridge - Nexes
Frequently Asked Questions about 790 Terrace Street, Muskegon, MI 49440
Which school district serves 790 Terrace Street, Muskegon, MI 49440?
Per MLS# 26029099, 790 Terrace Street, Muskegon, MI 49440 is in the Muskegon boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Muskegon directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26029099, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 790 Terrace Street, Muskegon, MI 49440?
Per public tax records, annual property taxes for this property are $7,315 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 790 Terrace Street, Muskegon, MI 49440 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 790 Terrace Street, Muskegon, MI 49440 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 790 Terrace Street, Muskegon, MI 49440?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Muskegon City police department or the Muskegon County sheriff's office.
Map
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Monthly payment$2,918
Principal & interest$2,918
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
790 Terrace Street, Muskegon, MI 49440
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Municipality
Muskegon
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