50 Filer StManistee, MI 49660

Property Details for 50 Filer St

Lot size

0.81 AC

Property type

Commercial real estate

APN

51-453-709-09

APU

5145370909

Description

This exceptional 100-square-foot office space is situated within the prestigious Briny Building in Manistee, Michigan. The building itself is a landmark, retaining its original industrial charm with high ceilings, exposed ductwork, and beautifully preserved wood floors. This unique blend of historical character and modern functionality creates a captivating workspace. The open layout maximizes space and light, offering a flexible environment ideal for a variety of businesses. Located at 50 Filer Street, Unit 210I, this office provides easy access to Manistee's vibrant downtown area. While this particular unit is 100 square feet, the Briny Building offers a range of other office spaces, varying in size from 300 to 1892 square feet, should your needs require a larger footprint. The building's prime location and distinctive aesthetic make it an attractive option for businesses seeking a unique and memorable address. This is a rare opportunity to establish your business in a historically significant and beautifully restored building. The asking price for this 100 sq ft office is $275. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $7,303,620

  6.5%

  $6,741,800

  7%

  $6,260,250

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,595,740

  Geo Method

  $4,595,740

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $12,427,200

  Retail / Commercial

  $6,538,190

  Mixed-Use / Specialty

  $6,645,370

  Hospitality / Lodging

  $5,045,390

  Office

  $6,741,800

  Institutional / Educational

  $6,955,140

  Residential Income

  $8,137,520

  Multifamily

  $9,036,290

  Automotive / Energy

  $5,961,550

  Parking / Income-Based Land

  $1,928,340

  Restaurant / Food Service

  $3,734,800

  Healthcare / Senior Housing

  $6,680,890

Location Insight

City

Manistee

County

Manistee

State

Michigan

Latitude

44.2479

Longitude

-86.3199

Property Tax & Assessments

FAQs

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