794 Pine Street Muskegon, MI $ 3,200,000
794 Pine Street
$ 3,200,000
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794 Pine Street

Muskegon, MI, 49442
$ 3,200,000
Baths6.0

Monthly Estimate*

$ 22,353

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Studio

Commercial Property for sale in Muskegon, MI

for $3,200,000 with 6 full baths. This building was built in 1923 on a lot size of 0.98.

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.

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Commercial Active

Price

$ 3,200,000

Bedrooms

Studio

Full Bath

6

Property Type

Commercial

Taxes

$ 17,493,324

Style

Retail/Commercial

Lot Size

0.98

Year Built

1923

Town/City

Muskegon

County/Region

Muskegon

MLS | Web ID

24008515

Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Phone Available Storm Sewer Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Natural Gas Connected Electric Connected Cable Connected
Construction Materials Brick
Year Built 1923
Property SubType Retail/Commercial
Tax Year 2023
Business Type Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Retail
County Muskegon
New Construction N
Property Type Commercial Sale
Attached Garage N
Status Active
Directions Shoreline Drive to W. Western Avenue S on Pine Street to property.
City Muskegon
High School District Muskegon
Zoning Description B-4
Total Units 35
MLS Area Muskegon County - M
Lot Size Square Feet 42689.0
Waterfront Y/N N
Street Name Pine
Land Lease Y/N N
Tax Annual Amount 17493324.0
Lease Renewal Y/N N
MLS Area Minor Muskegon County - M
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/24008515
Days on Market 61
Standard Status Active
Tax Assessed Value 15600
Ownership Type LLC
Legal Description Attached.
Senior Community None
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Exterior
Parking Features Paved
Water Source Public
Inclusions {u'Real Estate': True}
Lot Size Area 0.98
Number of Buildings 1
Spa N
Building Area Total 21000.0
Lot Dimensions 132 x 168' + 133 x 33' x 133' x 95 x 167x21x109
Lot Size Acres 0.98
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 1
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 6
Street Suffix Street
Electric On Property Y/N N
Total Baths 6
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Internal Only
Street Number 1 794
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* Excluded Features
List By
Core Realty Partners Llc

Broker

bryanbench@corerealty.com

Email

Affordability Calculator

$1,480,130
Per Month
2%
98%
0%
Monthly Principal & Interest
$22,353
Monthly Property Taxes
$1,457,777
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
248771 Elementary School
250013 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2024$3,200,000 Listed Price

Map


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794 Pine Street, Muskegon, MI, 49442 is a Commercial Property for sale at $3,200,000 with a lot size of 0.98. 794 Pine Street is a studio with 6.0 baths and was built in 1923. The property's zip code is 49442 which is in Muskegon, MI