For Sale
$719,000

328 1St St Manistee, MI 49660

Historic Landmark, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This unique Manistee property presents a compelling investment opportunity. Priced at $719,000, this landmark building offers versatile commercial space on the ground floor, currently occupied by a health food store. The expansive area presents significant potential for various businesses. Two upper-floor apartments generate rental income, adding to the property's value. A separate 936 square-foot building, currently used as an insurance office, is also included. The property boasts ample parking on a half-block lot situated on a busy Manistee corner, enhancing visibility and accessibility. An additional outlot is available for signage, further maximizing marketing opportunities. The main building features approximately 119 feet of road frontage. Located in Manistee Township near the hospital, this 15,246 square-foot lot offers a blend of historic charm and modern commercial viability. The property's prime location and diverse income streams make it an attractive investment for discerning buyers.

Highlights

  • $719,000 asking price for a special purpose commercial property.
  • Historic Manistee landmark building with versatile commercial space.
  • Ground floor commercial space currently used as a health food store, offering high redevelopment potential.
  • Two upper-floor apartments provide rental income.
  • Includes a separate 936 sq. ft. building, currently used as an insurance office.
  • Large 15,246 sq. ft. lot with ample parking at a high-traffic corner location in Manistee, MI.

Property Details for 328 1St St

Property type
Specialty properties, Land

Location Insight

City
Manistee
County
Manistee
State
Michigan
Latitude
44.245995
Longitude
-86.3193239

FAQs

What type of property is this?
Specialty property - Historic Landmark, High Potential
Where is the specialty property located?
The property is located at 328 1St St Manistee, MI.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: $719,000 asking price for a special purpose commercial property.; Historic Manistee landmark building with versatile commercial space.; Ground floor commercial space currently used as a health food store, offering high redevelopment potential.
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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328 1St St
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