Revitalized Muskegon Portfolio FOR SALE


Muskegon, MI - Downtown Muskegon
$10,350,000 USD
616-774-3500
, Muskegon, MI for Sale
$10,350,000 USD
FOR SALE
1/3
null | 8.11% Cap Rate

Revitalized Muskegon Portfolio
Muskegon, MI
Downtown Muskegon


HIGHLIGHTS

  • 100% Occupied
  • Retail, food & beverage, coworking, and professional office tenancy
  • Downtown Muskegon location

OVERVIEW

Advantage Commercial Real Estate is pleased to present a rare opportunity to acquire a two-asset, mixed-use portfolio totaling 83,930 SF in the heart of Downtown Muskegon’s revitalizing commercial district. Representing more than $10 million in recent capital investment, CORE Plaza and Northtown 794 collectively offer investors a stabilized, diversified income stream backed by strong occupancy, modern redevelopment, and transferable tax incentives. Together, the assets generate a combined $839,798 in NOI and are offered at a cap rate of 8.11% based on the $10,350,000 portfolio pricing. The mix of retail, food & beverage, coworking, and professional office tenancy provides both resilience and upside as Muskegon continues to experience accelerated urban growth and demand for high-quality commercial space.

ASK ABOUT THIS PROPERTY

Michael VisserAdvantage Commercial Real Estate Services LLCMore Info
616-774-3500

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Michael VisserAdvantage Commercial Real Estate Services LLCMore Info
616-774-3500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.