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Northtown 794 794 Pine St 34,965 sq ft 82% Let Retail Property Muskegon, MI 49442 £2,316,661 (£66.26/sq ft) 10.09% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Fully Renovated
- 100% Co-working Occupancy
- Additional Parking Lot
- 93.56% Total Occupancy
- 0.98 Acres
- OPRA in Place Till Dec 2028
EXECUTIVE SUMMARY
This fully renovated, mixed-use commercial property totals approximately 34,965 SF across three floors.
Northtown 794 features vibrant street-level retail and restaurant tenants, and an upper floor comprised of 29 co-working suites at 100% occupancy. The property is currently at 93.56% total occupancy, with the only vacancy being a recently vacated garden level suite.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- 794 Kitchen & Bar
- -
- -
- -
- -
- -
- A1 Entertainment
- -
- -
- £5.98
- NNN
- Mar 2030
-
- -
- -
- -
- -
- -
they are a fully integrated coffee company. From our non-profit in the mountains of Honduras, to our solar-powered coffee roastery and two cafes along the coast of Lake Michigan, they work with individual farmers seeking to develop, grow, and process some of the world's most unique and intimately sourced specialty coffee.
- Capone's Speakeasy
- -
- -
- -
- -
- -
-
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
Our firm is beginning its 36th year in West Michigan. We began as James A Sanzone, Taxation & Accountancy in Newaygo, Michigan. From the beginning we served clients from Newaygo, Kent, Oceana, Ottawa, and Muskegon Counties. Our offices moved to Muskegon in 1987 at various locations until we permanently found a home at 900 Third St, Ste 110, Muskegon, Michigan. When we first started, personal computers did not exist. We went to clients homes and offices to prepare their income taxes and business reports with carbon paper. Today we use state of the art technology that has greatly improved and accurately allows us to serve our clients. Presently our firm has clients not only in West Michigan, but throughout the United States from as far away as Hawaii. Last year we covered 25 different states and Canada.
- Polka Dot Paisley
- -
- -
- -
- -
- -
- Raki Beer Project
- Retailer
- -
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| 794 Kitchen & Bar | - | - | - | - | - | |
| A1 Entertainment | - | - | £5.98 | NNN | Mar 2030 | |
|
|
- | - | - | - | - | |
| Capone's Speakeasy | - | - | - | - | - | |
|
|
Professional, Scientific, and Technical Services | - | - | - | - | |
| Polka Dot Paisley | - | - | - | - | - | |
| Raki Beer Project | Retailer | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
Take advantage of this exceptional opportunity at the Northtown 794 building in downtown Muskegon. The entire Garden Level is available for your business. Former location of a brewery and tasting room, this space offers multiple site use options. The Northtown building was renovated in 2019 and is occupied by thriving businesses including two full-service bar/restaurants (Capone's and Kitchen 794), Aldea Coffee, Polka Dot Paisley (boutique retail) on the street level. The upper floor of the building has been redeveloped for professional office space and is 90%+ occupied.
Brewery/Distillery/Winery
| Space | Size | Space Use | Position | Available |
| Garden Level-C | 2,250 sq ft | Restaurant | - | Now |
| Garden Level-A | 4,000 sq ft | Restaurant | - | Now |
Garden Level-C
| Size |
| 2,250 sq ft |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
Garden Level-A
| Size |
| 4,000 sq ft |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
Garden Level-C
| Size | 2,250 sq ft |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Take advantage of this exceptional opportunity at the Northtown 794 building in downtown Muskegon. The entire Garden Level is available for your business. Former location of a brewery and tasting room, this space offers multiple site use options. The Northtown building was renovated in 2019 and is occupied by thriving businesses including two full-service bar/restaurants (Capone's and Kitchen 794), Aldea Coffee, Polka Dot Paisley (boutique retail) on the street level. The upper floor of the building has been redeveloped for professional office space and is 90%+ occupied.
Garden Level-A
| Size | 4,000 sq ft |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Brewery/Distillery/Winery
PROPERTY TAXES
| Parcel Number | 24-205-177-0005-00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £11,658 |
PROPERTY TAXES
Presented by
Northtown 794 | 794 Pine St
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