401 River Street, Manistee City, MI 49660
Manistee County
Key Facts
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!; Power/Voltage: 400 Amp
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1883
Living Area
7,108 sq ft
Lot Size
0.24 acres
Lot Dimensions
Irregular in attachments
Ownership
LLC
Days on Market
7
MLS® Listing#
67026033295
Property Features
Cooling
Heating
Basement
Parking
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$9,991
Tax year 2025
Assessed Value
$164,833
Parcel Number
5135070213
Directions
US-13 to River St. West to the corner of Maple and River.
Affordability Calculator
$125,000
Estimated monthly payment
$3,327/mo
Principal $500,000 · Est. interest $697,544 over 30 yrs
Location
Points of Interest in Manistee City, MI
Showing the Manistee City area map.
Nearby Schools
Trinity Lutheran School
School · 0.4 mi away
Manistee Public School Superintendent's Office
Elementary · 0.5 mi away
Manistee Area Public Schools
School · 0.5 mi away
Jefferson Elementary School
Elementary · 0.6 mi away
Casman Alternative Academy
School · 1.0 mi away
Kennedy Elementary School
Elementary · 1.0 mi away
Manistee Area Public Schools: Activities Office
School · 1.0 mi away
Manistee High School
Secondary · 1.0 mi away
Manistee Catholic Central School
Elementary · 1.1 mi away
James Madison Elementary School
Elementary · 2.3 mi away
Manistee Intermediate School District
Secondary · 2.4 mi away
Manistee Isd Center Programs
School · 2.4 mi away
Oaks Correctional Facility
Secondary · 2.6 mi away
Onekama Consolidated Schools
Elementary · 10.1 mi away
Free Soil Community School
School · 11.1 mi away
Bear Lake School
Secondary · 14.8 mi away
Brethren High School
Secondary · 15.4 mi away
Fountain Child Development Center
School · 15.6 mi away
Asm Tech Early College
School · 16.4 mi away
South Hamlin Elementary School
Elementary · 18.4 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Manistee City
Listing Courtesy: Dwelling Realty - KW Northern Michigan - 2318874455
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