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

Studio Baths0.0 Sq 21,000

Monthly Estimate*

^$ 22,353

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Studio

Commercial Property for sale in Muskegon, MI

for $3,200,000. This 21,000 square foot 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.

Commercial Active

Price

^$ 3,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 17,493,324

Style

Commercial/Industrial

Lot Size

0.98

Year Built

1923

Town/City

Muskegon

County/Region

Muskegon

MLS | Web ID

70390983

Features

General

Heating Forced Air

Water Public Water Public Water at Street

Status Active Active

Year Built 1923

County Muskegon

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Muskegon

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Electric Available Gas Available

Area Muskegon (61023)

Primary City Muskegon

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/24008515

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

City Muskegon

Street Name Pine

Financial Terms Cash Conventional

Legal Description Attached.

DOM 62

Postal Code 49442

Price Per Sq Ft 152.38

Coming Soon

Exterior

Exterior Brick Frame Wood

Frontage 169

Lot Size Area 0.98

Lot Dimensions 132 x 168' + 133 x 33' x

Roads City/County Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Bryan Bench

Listing Agent

Core Realty Partners Llc

Broker

bryanbench@corerealty.com

Affordability Calculator

$1,480,130

Per Month

Monthly Principal & Interest: $22,353
Monthly Property Taxes: $1,457,777
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Muskegon, MI

Average List Price ^$341,813

Percent of Sale Price 89%

About Muskegon, MI

39,458 Population

1% Since 2002

^$28,840 Median Income

35.7 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2024	$3,200,000		Listed Price

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794 Pine Street, Muskegon, MI, 49442 is a Commercial Property for sale at $3,200,000 with 21,000 sqft and a lot size of 0.98. 794 Pine Street is a studio with 0.0 baths and was built in 1923. The property's zip code is 49442 which is in Muskegon, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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794 Pine Street

Commercial Property for sale in Muskegon, MI

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