794 Pine Street

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 29995871
Property Subtypes: Office Building, General
Building Size (RSF): 21,000 SF
Gross Land Area: 1.54 Acres
Sale Price: $500,000
Unit Price: $23.81 PSF
Property Use Type: Investment, Business
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/29/2017

Overview / Comments

Redevelopment opportunity in downtown Muskegon. Property offers multiple lease options or purchase the property and redevelop it. Current owner will build-to-suit based on lessee space requirements. Renovation activities have begun and will continue. Planned construction activities include window and door installation, exterior brick repair and painting. Owner has a full set of proposed building renovation drawings (civil, electrical, architectural, mechanical) available. Listing includes parcel #61-24-205-177-0001-00

Financials

Finance Data Year 2012
Real Estate Taxes - Annual($) $10,755 (Annual)

Additional Details

Nearest MSA: Muskegon-Norton Shores
County: Muskegon
Submarket/Township: Other area
Tax ID/APN: 61-24-205-177-0005-00
Zoning: B-4 GEN. BUSINESS DISTRIC
Property Located Between: Webster and Clay
Property Visibility: Excellent
Area Description: DIRECTIONS: NE corner of Pine Street & Clay Avenue
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 21,000 SF
Year Built: 1923
Year Renovated: 1974

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,310 60,637 105,494
Median Age: 31.18 35.42 37.24
Households: 3,148 23,889 40,446

Contact

Photograph of Listing Agent

Bryan D. Bench

CORE Realty Partners
CARWM Member
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