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.
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?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Cypress St Manistee, MI 49660
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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84 Cypress St
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