Active

794 Pine Street

Muskegon MI, 49442

$2,995,000


$142.62 per sqft

Active

6 Baths

21,000 sqft

Commercial

Built in 1923

Courtesy of Bryan D Bench, Core Realty Partners LLC

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.

24008515

MLS ID

February 21, 2024

Listed

November 22, 2024

Updated

Map

794 Pine Street
Muskegon MI, 49442

Interior Features

Total Stories

3


Total Bathrooms

6


Full Bathrooms

6


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.98 Acres


Sewer

Public Sewer

School Information

School District

Muskegon

Other Property Details

Area Name

Muskegon County - M


Taxes

$17,493,324


Tax Frequency

Annually


Days on Market

181


Garage

No


View

No


County

Muskegon


Water Source

Public


Pool

No

Listing History

Date

Event

Price

8/20/2024

Price change

$2,995,000

-7%

Courtesy of Core Realty Partners LLC

The IDX display contains information sourced from the MichRIC® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 11/22/2024

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