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    103 W Lake Shore Manistique, MI 49854

    New
    For Sale
    $300,000

    1 to 4 Units - Manistique, MI

    Property size:
    1,000 SF
    Lot size:
    0.98 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 11 at 3:06 am

    Property Features for 103 W Lake Shore

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    051-900-900-74
    Patio and Porch features
    Patio, Deck
    Interior features
    2 Phase Power, 220 Volt Power, ADA Accessible, Bath, Billboard, Delivery Area, Delivery Door, Fence, Public Restrooms, Wood Floors
    Exterior features
    Ada Accessible, Billboard, Fence, Deck/Patio, Wheelchair Access
    Fencing
    Fenced
    Accessibility
    Accessible Approach with Ramp
    Size
    1,000 SF
    Lot size
    0.98 Acres

    Utilities

    Cooling system
    Ceiling Fan(s)
    Water front features
    Lake Frontage, Lake/River Access, Great Lake, Lake/River Access, River Frontage, Waterfront, Waterfront
    Water front
    1

    Building Details

    Year built
    1956
    Flooring type
    Wood
    Architectural style
    Other

    GROVER REAL ESTATE (906) 341-2131

    Listing agent TRAVIS WOOD (906) 341-2131 License #6501433914

    Listing date Dec 8, 2025

    MLS# 50180958 Listing URL

    Copyright © 2025 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Commercial Property in Manistique

    This commercial property is located in the heart of Manistique's downtown district, offering potential for various business ventures. Currently operating as a winery tasting room, it has established a loyal following among locals and tourists. The property features over 900 feet of frontage on the Manistique harbor, providing views. The location is directly off US-2, ensuring a flow of foot traffic, highway travelers, and boaters. This setup is suited for capturing Manistique's seasonal tourism and year-round community support. A large private parking lot offers space for guests, while a sizable garage/outbuilding provides storage or expansion potential. An on-site billboard adds visibility for branding and promotions. The property size is 1000 square feet, situated on a 0.98-acre lot. It is zoned for commercial use and can accommodate storefront, individual retail, and general retail businesses, as well as bars and restaurants.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manistique
    County
    Schoolcraft
    State
    Michigan
    Longitude
    -86.248855
    Latitude
    45.954707

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    FAQs

    What type of property is this?
    Storefront property - High-exposure waterfront commercial property in a charming lakefront town.
    Where is this storefront property located?
    The property is located at 103 W Lake Shore Manistique, MI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Prime waterfront location with over 900 feet of frontage on Manistique harbor and direct access to US-2, ensuring high visibility and traffic.; - Established business potential with a loyal customer base as a currently operating winery tasting room.; - Ample parking and a sizable garage/outbuilding provide storage and expansion opportunities.
    (906) 341-2131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 W Lake Shore Manistique, MI 49854
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