401 River Street,Manistee, MI 49660
Manistee, MI 49660
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!
Details
| MLS # | 70542984 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial,investment |
| Sub-Type | Resale |
| Status | Keep Showing-contgcy Appl |
| Year | 1883 |
| Days On Site | 94 |
| Listing Provided By | Dwelling Realty - KW Northern Michigan | Brandon Ball |
Features
| SQ Feet | 7,108 |
|---|---|
| Basement | Y |
| Acreage | 0.24 |
| Water Front | Yes |
| Property View | Water |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
Exterior
| Roof | Rubber |
|---|---|
| Construction Materials | Brick, Concrete, Frame, Stucco, Wood Siding |
| Foundation Details | Basement |
Other
| List Aor | Mason Oceana Manistee Board of REALTORS |
|---|
Taxes
| Property | 9991 |
|---|
Area Information
| State | MI |
|---|---|
| County | Manistee |
| City | Manistee |
| Zip Code | 49660 |
| Area | Manistee (51021) |
| Listing VS Median (in 49660) | |
Price: $625,000 low | high Med: $334,900 sqft: 7,108 low | high Med: 1,728 $ / sqft: $88 low | high Med: $194 On site: 94 low | high Med: 53 | |
Market Activity 49660
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Learn More About This Property
| State | MI |
|---|---|
| County | Manistee |
| City | Manistee |
| Zip Code | 49660 |
| Area | Manistee (51021) |
| Listing VS Median (in 49660) | |
Price: $625,000 low | high Med: $334,900 sqft: 7,108 low | high Med: 1,728 $ / sqft: $88 low | high Med: $194 On site: 94 low | high Med: 53 | |
