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.

Details

MLS#: 24008515
Price: $2,995,000

Style: Retail
Baths Full: 6
Sq Ft: 21000
Year Built: 1923

County: Muskegon
Lot Size: 132 x 168' + 133 x 33' x 133' x 95 x 167x21x109
Tax Fee: 17493324

School District: Muskegon