$825,000
Muskegon, MI 49441
MLS# 25027006
1 / 96
Property Description
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.
Details
Maps
Location & Property Info
Cross Streets: W Muskegon Ave & 4th
Property Sub-Type: 5+ Units
Area: Muskegon County - M
Municipality: Muskegon City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 101x149x99x147 plus 14 spots
Financial Available: No
Financial Comments: Apartment and office space
Road Frontage: 248
Cert. of Compliance Exp Date: 2025-06-07
Waterfront: No
Basement: Yes
Total # Units: 11
# of Diff Unit Floor Plans: 11
Total # Bldgs: 1
Total Parking Spaces: 24
School District: Muskegon
Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Year Built: 1880
Tax Info
Taxable Value: 174502
SEV: 330700
For Tax Year: 2024
Seller's Annual Property Tax: 10501
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: none known
Zoning: B1
Tax ID #: 24-205-349-0012-00
Remarks & Misc
Public Remarks: 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.
Legal: 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 N 1/2 OF VAC ALLEY ADJ
Income and Expenses
Gross Op. Inc.: 100000
Street Type
Easement: 1
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Exterior Material
Concrete: 1
Wood Siding: 1
Roofing
Composition: 1
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Ductless: 1
Forced Air: 1
Heat Pump: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: Yes
Accessibility Feat
36 Inch Entrance Doo: 1
36' or + Hallway: 1
42 in or + Hallway: 1
Accessible Bath Sink: 1
Lever Door Handles: 1
No Step Entrance: 1
Ramped Entrance: 1
Rocker Light Switche: 1
Tenant Pays
None: 1
Driveway
Concrete: 1
Substructure
Other: 1
Owner Pays
None: 1
Unit 1
Unit Description: 3 rd level apartment
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 1
Unit Description: Main Flr 1 office
Bathrooms: 1
Half Baths: 1
Unit 3
Unit Description: Main flr 2 office
Unit 4
Unit Description: Main level 3 office
Unit 5
Unit Description: 2nd flr office 1
Bathrooms: 1
Half Baths: 1
Unit 6
Unit Description: 2nd flr office 2
Bathrooms: 1
Half Baths: 1
Unit 7
Unit Description: 2nd level 3 office
Unit 8
Unit Description: 2nd lvl 4 office
Unit 9
Unit Description: 2 level 5 office
Unit 10
Unit Description: lower lvl office 1
Bathrooms: 1
Half Baths: 1
Unit 11
Unit Description: lower level office 2
Bathrooms: 1
Half Baths: 1
Possession
Negotiable: 1
Location Property Info
County: Muskegon
Street #: 318
Street Name: Houston
Suffix: Avenue
State: MI
Zip Code: 49441
Zip (4): 1999
OfficeContract Info
Status: Active
Current Price: $825,000
List Price: $825,000
Listing Date: 2025-06-06
Remarks Misc
Directions: Seaway To Third To Houston next to Nelson Place 3 blocks to the Muskegon convention center
Property Features
Accessibility Feat: 36 Inch Entrance Doo; 36' or + Hallway; 42 in or + Hallway; Accessible Bath Sink; Lever Door Handles; No Step Entrance; Ramped Entrance; Rocker Light Switche
Exterior Material: Concrete; Wood Siding
Roofing: Composition; Rubber
Substructure: Other
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available
Owner Pays: None
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Ductless; Forced Air; Heat Pump
Air Conditioning: Central Air
Driveway: Concrete
Street Type: Easement; Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Negotiable
Sale Conditions: None
Supplements
The main floor features elegant shared office and conference areas with three fireplaces and one handicap-accessible bathroom. The lower level includes a full kitchen, two half bathrooms, and a private rear entranceideal for subleasing, hosting events, or converting into additional living space. The third level includes two half bathrooms and the fourth floor features a two-bedroom apartment with in-unit laundry and one ful bathroom.
With a total of five half bathrooms and one full bathroom, 24 private parking spaces, and income exceeding $100,000 annually, the Hovey House mansion presents a rare opportunity to own a piece of Muskegon's history while benefiting from a flexible, income-producing layout in the heart of a vibrant lakeshore community. Additional Commerical Listing under MLS # 25026979
Listing Office: Medendorp Real Estate Group
Listing Agent: David Medendorp
Last Updated: March - 24 - 2026
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