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Cannabis Retail Property with Lake Views
For Sale
$279,000

212 Arthur Street, Manistee, MI 49660

Land, Manistee, MI

Property SizeContact for details
Lot Size0.52 Acres
Days on Market520

Property Features for 212 Arthur Street

General Information

Property type Land
Property subtype Other
Zoning description C-1
Lot features Sidewalk
Elementary school district Manistee
Middle school district Manistee
High school district Manistee
Subdivision MasonOceanaManistee - O
Standard status Active
APN 51-174-708-11
Lot size 0.52 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT LOT H, I AND K, S.C. THOMPSON'S ADDITION TO CITY OF MANISTEE, AS RECORDED IN VOLUME 3 OF PLATS, PAGE 3. T21N R17W, COM AT POINT ON EAST LINE OF LOT K, WHICH IS 27 FT, S 04 DEG 00 MIN 32 SEC E OF NE COR OF SAID LOT K, TH S 85 DEG 01 MIN 14 SEC W 17 3.92 FT TO POINT ON THE WEST LINE OF SAID LOT K, TH N 32 DEG 04 MIN 49 SEC W ON SAID WEST LINE, 16.05 FT TO SW COR OF LOT I, TH S 81 DEG 52 MIN 30 S
Tax Annual Amount 4309
Legal Description PT LOT H, I AND K, S.C. THOMPSON'S ADDITION TO CITY OF MANISTEE, AS RECORDED IN VOLUME 3 OF PLATS, PAGE 3. T21N R17W, COM AT POINT ON EAST LINE OF LOT K, WHICH IS 27 FT, S 04 DEG 00 MIN 32 SEC E OF NE COR OF SAID LOT K, TH S 85 DEG 01 MIN 14 SEC W 17 3.92 FT TO POINT ON THE WEST LINE OF SAID LOT K, TH N 32 DEG 04 MIN 49 SEC W ON SAID WEST LINE, 16.05 FT TO SW COR OF LOT I, TH S 81 DEG 52 MIN 30 S

Utilities

Utilities Cable Available
Water source Public
Listing Agency: Coldwell Banker ALM REALTY
Listed By: Michael Cnudde · License #6502433313
Added: May 6, 2025 Changed: Aug 29 Last Checked: Oct 7 at 9:06AM
MLS# 26001992

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story commercial property contains approximately 2,348 square feet, a full basement, and a 2+ car attached garage. Interior improvements include new carpet, paint, laminate flooring, and a replaced heating boiler. The building also provides ample parking and lake views from numerous rooms.

Located at 212 Arthur Street in Manistee, the property is zoned C-1 Regional Commercial. The zoning allows permitted uses, while additional uses may require a special use permit and City approval. A recreational marijuana retail license is available for the location. Public water service and cable availability are reported.

Key Highlights

  • Approximately 2,348 sq ft m/l in a two‑story building
  • Full basement and 2+ car attached garage
  • Interior updates include carpet, paint, laminate flooring, and a replaced heating boiler

Property Analytics

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Current Use

Cannabis Properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Parking Lot & Garage Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 12% Hotels & Casinos 6%
Burger King Dining
10,523 visits/mo 0.2 miles
Watson's Manistee Chrysler Dodge Jeep Ram Shops & Services
822 visits/mo 0.4 miles
Grand Rental Station Shops & Services
739 visits/mo 0.3 miles
Super 8, Manistee Hotels & Casinos
472 visits/mo 0.0 miles
Econo Lodge Hotels & Casinos
347 visits/mo 0.1 miles

Demographics for 49660, MI

14,134
Population
7,744
Households
1.8
Avg Household Size
49
Median Age
24%
College-Educated
90%
High-School Grad
171.4 sq mi
ZIP Area
82
Density / Sq Mi
$62,211
Median Household Income
$35,772
Median Earnings
$787
Median Rent
$170,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Remodeled two-story commercial building with C-1 Regional Commercial zoning, lake views, attached garage, and public water service.
Where is this cannabis property located?
The property is located at 212 Arthur Street Manistee, MI.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Approximately 2,348 sq ft m/l in a two‑story building; Full basement and 2+ car attached garage; Interior updates include carpet, paint, laminate flooring, and a replaced heating boiler
More about this property
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