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$ 625,000
Est. payment | /mo
7,108 SqFt
$ 625,000
Est. payment | /mo
7,108 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,108 sqft
Price per Sqft $87
Subdivision Mi
MLS Listing ID 70542984
Year Built 1883
Annual Tax Amount $9,991
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions Irregular in attachments
Property Sub-Type Commercial/Industrial
Property Description
It's a great time to buy in Downtown Manistee! Sitting on one of the most prominent corners in the heart of the historic downtown, this commercial building delivers income today and major upside tomorrow. The main level (approx. 3,458 sf, 14' ceilings) is leased to an established retail tenant for in-place cash flow. The business is NOT for SALE. The upper level (approx. 3,650 sf) is vacant and mostly down to the studs--a blank canvas ready for your multi-unit residential or live/work conversion. A large private parking lot to the West adds rare downtown parking and future development potential. Recent capital improvements include a new roof and updated HVAC, lowering near-term costs for the next owner. With all the recent commercial development transforming Manistee, now is the time to invest, build, or occupy on the sought-after River Street corridor. Ideal for investors, developers, and owner-users alike. Sale of the real estate only. Schedule your private showing today!
Location
State MI
County Manistee
Area Manistee (51021)
Interior
Heating Forced Air
Exterior
Roof Type Rubber
Building
Foundation Basement
Structure Type Brick,Concrete,Frame,Stucco,Wood
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Dwelling Realty - KW Northern Michigan
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