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Downtown Storefront With Upper-Level Conversion Space
For Sale
Under Contract
$625,000

401 River Street, Manistee, MI 49660

Commercial Sale, Manistee, MI

Property Size7,108 SF
Lot Size0.24 Acres
Price / SF$87.93
Days on Market75

Property Features for 401 River Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description C-3
Bathrooms 1
Full bathrooms 1
Rooms Basement, Bathroom 1
Interior features Broadband
Elementary school district Manistee
Middle school district Manistee
High school district Manistee
Directions US-13 to River St. West to the corner of Maple and River.
Standard status Active Under Contract
APN 51-350-702-13
Size 7,108 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lengthy Legal on File. 51-350-702-13 plus 51-350-702-09
Tax Annual Amount 9991
Legal Description Lengthy Legal on File. 51-350-702-13 plus 51-350-702-09

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1883
Floors in Building 1
Number of units 1
Building materials Stucco, Brick
Roof type Rubber
Listing Agency: Dwelling Realty - KW Northern Michigan
Listed By: Brandon Ball · License #6502431240
Added: Jul 1 Changed: Sep 12 Last Checked: Sep 13 at 5:06PM
MLS# 26033295

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 7,108-square-foot commercial building combines an income-producing retail storefront with unfinished space above. The main level measures approximately 3,458 square feet and features 14-foot ceilings; it is leased to an established retail tenant, while the operating business is excluded from the sale. The approximately 3,650-square-foot upper floor is vacant and largely reduced to framing, providing a basis for a multi-unit residential or live/work conversion.

The property occupies a prominent corner in historic downtown Manistee along River Street. A private parking lot west of the building adds dedicated downtown parking and may support future development. Recent improvements include a new roof and updated HVAC. Built in 1883, the structure also offers stucco and brick construction, forced-air heat, central air, broadband, cable availability, and a basement.

Key Highlights

  • 7,108‑square‑foot commercial building on 0.24 acres
  • Main level is approximately 3,458 sf with 14' ceilings and an established retail tenant
  • Vacant upper level measures approximately 3,650 sf and is mostly down to the studs

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage HVAC Service Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center

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

688
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 32% Apparel 4%
A&W Restaurant Dining
7,604 visits/mo 0.3 miles
Wesco Shops & Services
7,566 visits/mo 0.3 miles
Dollar General Shops & Services
6,245 visits/mo 0.2 miles
Little Caesars Pizza Dining
5,124 visits/mo 0.3 miles
Huntington Bank Shops & Services
4,212 visits/mo 0.2 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
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Similar Off Market Nearby

  • Stacey's Flowers 259 5th St, Manistee, MI 49660
  • Annie's 82 Division St, Manistee, MI 49660

Frequently Asked Questions

What type of property is this?
Storefront property - Leased retail frontage is paired with vacant upper-level space and a private parking lot.
Where is this storefront property located?
The property is located at 401 River Street Manistee, MI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 7,108‑square‑foot commercial building on 0.24 acres; Main level is approximately 3,458 sf with 14' ceilings and an established retail tenant; Vacant upper level measures approximately 3,650 sf and is mostly down to the studs
More about this property
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