Hospitality

Manistee, MI Hospitality Properties for Sale

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Waterfront Motel and Marina Complex
Updated: Aug 12, 2025
Waterfront Motel and Marina Complex

215 & 217 Arthur St, Manistee, MI 49660

$985,000
9,000 sqft 1.40 AC lot
Approximately 130 ft of frontage on Manistee Lake with 8 boat slips for on‑site fishing and boating access
Little Riverside Motel & Marina with 8 individually deeded condominium units, each with separate tax ID numbers
Commercial restaurant building with kitchen equipment and walk‑in coolers, recently leased to a new business opening in September 2025
High‑traffic US‑31 corridor with highway frontage as well as lake frontage
1995 construction with vinyl siding, composition roof, forced‑air heat, and central air
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Waterfront Motel and Marina
Updated: Aug 11, 2025
Waterfront Motel and Marina

215 & 217 Arthur St Unit SourceFi, Manistee, MI 49660

$985,000
9,000 sqft
Motel and marina complex with restaurant plus long‑term rental units
Approx. 130 ft of frontage on Manistee Lake with 8 boat slips
Access to Lake Michigan for fishing and boating via the Manistee River Channel
High‑traffic US‑31 corridor location with highway frontage
Roof type: composition; year built: 1995
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Riverside Motel and Marina
Riverside Motel and Marina

520 Water St, Manistee, MI 49660

Contact for pricing
5,495 sqft

Riverside Motel with 20 rooms and a private marina on the Manistee River with turn-key condition.

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Waterfront Motel and Marina
Waterfront Motel and Marina

215 & 217 Arthur St, Manistee, MI 49660

$985,000

Waterfront motel and marina with about 130 feet of frontage and 8 boat slips, plus an on-site restaurant building.

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Turnkey Bed and Breakfast
Turnkey Bed and Breakfast

377 4th Street, Manistee, MI 49660

Contact for pricing

Historic bed and breakfast offers separate access suite and a Mackinac Suite with kitchen and upstairs bedroom and bath.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 Active listings in Manistee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Campground and Motel Cabin Complex
Campground and Motel Cabin Complex

13544 Caberfae Highway, Wellston, MI 49689

$371,500
5,192 sqft 8.04 AC lot

Campground and motel/cabin complex on wooded acreage with licensed campsites and multiple rental units.

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Motel and Ice Cream Shop
Motel and Ice Cream Shop

1882 N Lakeshore Dr, Ludington, MI 49431

$895,000
3,480 sqft 1.26 AC lot

Year-round motel with nine updated units, plus a seasonal ice cream shop and luncheonette.

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Lakewood Motel and Ice Cream Shop
Lakewood Motel and Ice Cream Shop

N 1882 N Lakeshore Dr Unit SourceFi, Ludington, MI 49431

$895,000
3,480 sqft

For sale: nine-unit motel with kitchenettes and patios, plus a seasonal ice cream shop and luncheonette.

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Campground and Motel Complex
Campground and Motel Complex

Wellston, MI 49689

$371,500
8.00 AC lot

Campground and motel/cabin complex on wooded acreage with 25 licensed campsites, motel bunk house, and five rental cabins.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land Parcel For Sale
Waterfront Land Parcel For Sale

Hogenson lot: D, Scottville, MI 49454

$245,000
9.37 AC lot

9.37 acre waterfront lot with 250 ft frontage.

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St Marys Lake Waterfront Land
St Marys Lake Waterfront Land

Hogenson lot: F, Scottville, MI 49454

$169,900
10.88 AC lot

10.88 acre waterfront lot on St Marys Lake.

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St Marys Lake Waterfront Land
St Marys Lake Waterfront Land

Hogenson lot: B, Scottville, MI 49454

$245,000
7.53 AC lot

7.53 acres with 275 ft of private lake frontage.

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Waterfront Land on St Marys Lake
Waterfront Land on St Marys Lake

Hogenson lot: G, Scottville, MI 49454

$179,900
13.13 AC lot

13.13 acres with 204 ft of private lake frontage.

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Off-Market Properties in Manistee, MI

Consider similar Off-Market properties in Manistee, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

302 Parkdale Rd
Hotels

302 Parkdale Rd, Manistee, MI 49660

Value Estimation by Request
1,418 sqft 0.19 AC lot
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Manistee, MI Hospitality Properties Market Trends and Statistics

Explore 6 hospitality properties for sale in Manistee, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 23,495 square feet of properties for sale, with an estimated market value of $2,955,000.

Sale prices for hospitality properties in Manistee, MI average $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 4
Bed & breakfasts 1

Demographics Overview

Population 15K
Population Growth (5Y) +1.2%
Median Household Income $62,211
College Educated 30.9%

High-Yield Neighborhoods for Investment

Identify Manistee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49660 $985K

Taxes & Financing

Tax Rate (average for all types) 3.88%
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manistee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Manistee County

Retail

Residential Income

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