For Sale
$600,000

84 Cypress St Manistee, MI 49660

Downtown Manistee, 17,000 sq ft, redevelopment opportunity.

Overview

Added:
Feb 3
Days on market:
78
This exceptional commercial property presents a unique investment opportunity in the heart of Manistee, Michigan. Located on a highly desirable half-city block encompassing 84 Cypress St, 85 Division St, and 87 Division St, this property boasts a substantial 17,000 square feet of space, previously utilized as a hardware store. Its prime location on Cypress Street (US-31), with additional frontage on Division and Clay Streets, ensures high visibility and accessibility. The property benefits from its proximity to the vibrant downtown area, featuring local restaurants, national retailers, and the post office, catering to a year-round population of residents, tourists, and vacationers in Northern Michigan. The property's strategic location is also complemented by its closeness to beaches, the marina, and the river walk, enhancing its appeal and potential. Beyond the main retail space, the property includes a sizable 1,500 square foot, three-bedroom apartment on the upper level. While requiring renovation, this apartment features a spacious living area, a large kitchen, and a covered deck, offering significant potential for rental income or owner occupancy. The expansive size and versatile nature of this property offer unlimited possibilities for redevelopment, making it an ideal investment for entrepreneurs and developers seeking a prominent location in a thriving Michigan community. The 0.51-acre lot provides ample space for expansion or future development projects. This is a rare opportunity to acquire a substantial commercial property in a prime location with significant upside potential.

Property Details for 84 Cypress St

Property type
Industrial properties
Square Feet
17,000 SF
Year Built
1920
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Manistee
County
Manistee
State
Michigan
Latitude
44.24646
Longitude
-86.31887

FAQs

What type of property is this?
Industrial property - Downtown Manistee, 17,000 sq ft, redevelopment opportunity.
Where is the industrial property located?
The property is located at 84 Cypress St Manistee, MI.
What is the asking price?
The asking price for this property is $600,000.
How can I contact the broker?
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84 Cypress St
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