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401 River Street, Manistee city, Michigan

$625,000

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1

Bath

0.24

Acres

About 401 River Street

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

Features of 401 River Street

MLS® # 67026033295
Price $625,000
Bathrooms 1.00
Acres 0.24
Year Built 1883
Type Commercial
Status Active Under Contract

Community Information

Address 401 River Street
Area 51092 - Manistee
City Manistee city
County Manistee
State Michigan
Zip Code 49660

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available
Parking Asphalt, Paved
Is Waterfront No
Waterfront River Front
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No

Exterior

Construction Brick, Concrete, Frame, Stucco, Wood Siding
Foundation Basement, Brick/Mortar, Stone

School Information

District Manistee

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDwelling Realty - KW Northern Michigan
Contact Infobrandon@dwellingrealty.com

Listing Map

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