Garden-Level Retail
New
For Sale
Contact for pricing
794 Pine Street Garden_Bar Area, Muskegon, MI 49442
A renovated mixed-use building offers flexible ground-floor space among active restaurant, coffee, and retail businesses.
Property Size2,250 SF
Price / SF$0.00
Days on Market4
Property Features for 794 Pine Street Garden_Bar Area
General Information
Standard status
Active
Size
2,250 SF
Additional Details
Floor
Garden
Building Details
Year Renovated
2019
Listing Agency:
Core Realty Partners LLC
(231) 375-5273
Listed By:
Troy Wasserman · License #6501349494
(231) 750-9627
Source:
Jimdehaan
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 8:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Core Realty Partners LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,250-square-foot garden-level retail space is available in the Northtown 794 building. The building underwent renovation in 2019, and the space previously served as a brewery and tasting room. Its location within a multi-tenant property provides a setting for a range of business uses.
Street-level occupants include two full-service bar/restaurants, Aldea Coffee, and Polka Dot Paisley, a boutique retailer. The upper floor has been redeveloped as professional office space and is more than 90% occupied.
Street-level occupants include two full-service bar/restaurants, Aldea Coffee, and Polka Dot Paisley, a boutique retailer. The upper floor has been redeveloped as professional office space and is more than 90% occupied.
Key Highlights
- 2,250 SF of garden‑level space available
- Building renovation completed in 2019
- Former brewery and tasting room space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,086
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,720
$581.7K
Cap Rate 7%
$415,514
$415.5K
Cap Rate 9%
$323,178
$323.2K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$42.7K $18.96/SF
− Vacancy
−$1.1K −$0.49/SF
EGI
$41.6K $18.47/SF
− OpEx
−$12.5K −$5.54/SF
NOI
$29.1K $12.93/SF
Area
Muskegon County, MI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,720
Cap Rate 7%
$415,514
Cap Rate 9%
$323,178
Alternative Uses
Best Use
Retail
$415.5K
$363.6K – $484.8K
NOI $29,086 @ 7.0% cap · market cap 363,575.00%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$21.13M
$18.49M – $24.65M
NOI $1,479,088 @ 7.0% cap · market cap 18,488,600.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 37%
Burger King
Dining
5,489 visits/mo
0.1 miles
Shell
Shops & Services
3,232 visits/mo
0.4 miles
Demographics for 49442, MI
45,342
Population
17,759
Households
2.6
Avg Household Size
37
Median Age
11%
College-Educated
87%
High-School Grad
41.0 sq mi
ZIP Area
1,106
Density / Sq Mi
$50,069
Median Household Income
$33,257
Median Earnings
$889
Median Rent
$116,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A renovated mixed-use building offers flexible ground-floor space among active restaurant, coffee, and retail businesses.
Where is this retail space located?
The property is located at 794 Pine Street Garden_Bar Area Muskegon, MI.
What are key features of this property?
This property features: 2,250 SF of garden‑level space available; Building renovation completed in 2019; Former brewery and tasting room space
