Muskegon, MI 49442,794 Pine Street
Muskegon, MI 49442,794 Pine Street
Muskegon, MI 49442,794 Pine Street
Muskegon, MI 49442,794 Pine Street
Muskegon, MI 49442,794 Pine Street
Muskegon, MI 49442,794 Pine Street
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$ 2,995,000
Est. payment | /mo

21,000 SqFt


$ 2,995,000
Est. payment | /mo

21,000 SqFt

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 21,000 sqft

Price per Sqft $142

MLS Listing ID 71024008515

Originating Board West Michigan Lakeshore Association of REALTORS®

Year Built 1923

Annual Tax Amount $17,493,324

Lot Size 0.980 Acres

Acres 0.98

Lot Dimensions 132 x 168' + 133 x 33' x 133' x 95 x 167x21x109

Property Description

Includes 4 W Webster Ave (PPN 61-24-205-177-0002-00). Northtown 794 represents a mixed-use investment opportunity situated within revitalized downtown Muskegon. This Class A property includes successful retail and food establishments along with stable professional office tenants. The building is comprised of 34,000 SF with 3 floors (11,000 +/- per) that include garden level and street level restaurant/retail space and upper floor professional office space. The building, built in 1923, was completely renovated in 2019 - 2021. The street level restaurant/retail spaces are fully occupied as well as the upper-level professional office space. The garden level is currently vacant and was previously occupied by a craft brewery operation and associated tasting room/bar area.The garden level represents potential upside for an investor. The main level tenants include Aldea Coffee, Kitchen 794, Capones Speakeasy, and Polka Dot Paisely (women's boutique). The upper building level is comprised of private offices (29) and associated conference rooms, kitchen area, and common areas. This "co-work" space is occupied by a mix of tenants including counselors, attorneys, engineers, financial advisors, tax professionals and sales representatives.

Location

State MI

County Muskegon

Area Muskegon

Zoning Other

Direction Shoreline Drive to W. Western Avenue, S on Pine Street to property.

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Utilities Available Elevator

Road Frontage Paved

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal), Water at Street

Structure Type Brick,Frame,Wood

Schools

School District Muskegon

Others

Tax ID 24205177000500

Acceptable Financing Cash, Conventional, Lease

Rebuilt Year 2021

Listing Terms Cash, Conventional, Lease

Financing Cash,Conventional,Lease

Special Listing Condition Unknown/Data Share Listings

Realcomp MLS
Listed by Bryan D Bench of Core Realty Partners LLC
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794 Pine Street