MLS Public Remarks 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.
http://www.www.maxbroock.com.com/24008515
Township Muskegon City
Directions Shoreline Drive to W. Western Avenue, S on Pine Street to property.
Fin Below Grd SqFt 0
Total Fin SqFt 21,000
Price/SqFt $152
Unfinished SqFt 0
Above Grade Finished SqFt 21,000
CDOM 2
Sub Property Type Retail/Commercial
Year Built 1923
Days on Market 78
Business Type Bar/Tavern/Lounge, Professional Service, Professional/Office, Restaurant, Retail
Land Assessment -
Improvements -
Net Taxes $17493324
Acreage 0.98
Taxes $1.7493324E7
Tax Year 2023
Summer Taxes -
School District Muskegon
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.98
Lot Dimensions 132 x 168' + 133 x 33' x 133' x 95 x 167x21x109
WaterFrontage
0
Cooling Central Air
Water Public
Zoning B-4
Basement N
Garage 0.0
Sewer Public Sewer
Parking Desc Paved
Garage Desc Paved
Terms/Misc. Cash, Conventional
Exterior Materials Brick
Status Change Date 02/21/2024
Listing Date 02/21/2024
Internet/IDX Y
Co-Listing Agent Name Troy Wasserman
Named Exceptions N
Listing Office
Core Realty Partners Llc
Office Address
221 W. Webster
Listing Number
24008515
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