For Sale
$425,000

382 River St Manistee, MI 49660

Historic Downtown Manistee Property

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property, located at 382 River St, Manistee, MI 49660, presents a unique investment opportunity. The 6,992 square foot building, constructed in 1880 and renovated in 2003, boasts a prime downtown location overlooking the Manistee River Channel, directly across from the Vogue Theater. The property features a blend of commercial and residential space, including two retail storefronts and four apartments within a single two-story building situated on a 10,885 square foot lot. Currently, the occupancy rate is 33%. The building is classified as Class C and is offered at an asking price of $425,000. The property's APN is 51-452-701-11 and is owned by an LLC. While the apartments are currently vacant, they offer significant potential for renovation and income generation. This presents an ideal opportunity for an owner/user seeking a blend of retail and residential space in a vibrant downtown setting. Showings begin November 15, 2024. The property's historical charm combined with its strategic location makes it a compelling investment prospect.

Highlights

  • $425,000 asking price for a mixed-use property in Manistee, MI.
  • 6,992 square foot building on a 10,885 square foot lot.
  • Six units total: two retail spaces and four apartments.
  • 33% occupancy.
  • Class C building, built in 1880, renovated in 2003.
  • Located at 382 River St, Manistee, MI 49660.

Property Details for 382 River St

Property type
Retail properties, Mixed-use properties
Square Feet
6,992 SF
Class
C
Year Built/Renovated
1880/2003
Buildings
1
Stories
2
Units
6

Location Insight

City
Manistee
County
Manistee
State
Michigan
Latitude
44.2479602
Longitude
-86.3227412

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FAQs

What type of property is this?
Retail property - Historic Downtown Manistee Property
Where is the retail property located?
The property is located at 382 River St Manistee, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: $425,000 asking price for a mixed-use property in Manistee, MI.; 6,992 square foot building on a 10,885 square foot lot.; Six units total: two retail spaces and four apartments.
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.
How do I access a private listing?
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Contacts

Brandon Ball
Brandon Ball
Visit Broker Website

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Useful Information

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River St
Manistee, MI 49660

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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.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

382 River St
  • Brandon Ball
    Brandon Ball
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