794 Pine Street Active

Muskegon,MI 49442

$ 2995000

- Bed

6 Baths

21000 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,000 sqft

Price per Sqft $142

Municipality Muskegon City

MLS Listing ID 24008515

Full Baths 6

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1923

Annual Tax Amount $17,493,324

Tax Year 2023

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. 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 County - M

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

Interior

Heating Forced Air

Cooling Central Air

Inclusions Real Estate

Exterior

Utilities Available Phone Available,Water Available,Sewer Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer

Waterfront No

View Y/N No

Street Surface Paved

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

School District Muskegon

Others

Tax ID 24-205-177-0005-00

Ownership LLC

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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