794 Pine Street Active Save Request In-Person Tour Request Virtual Tour
Muskegon,MI 49442
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
Waterfront no
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