Downtown Mixed-Use Retail and Living
401 River Street Manistee, MI 49660
For Sale
$625,000
COMMERCIAL - Manistee, MI
Property Size7,108 SF
Lot Size0.24 Acres
Price / SF$87.93
Days on Market29
Property Features for 401 River Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
1
Rooms
Bathroom 1, Basement
Interior features
Broadband
Standard status
Active
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
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
(231) 887-4455
Listed By:
Brandon Ball · License #6502394941
(231) 690-4981
Added: Jul 1
Changed: Jul 8
Last Checked: Jul 29 at 10:06AM
MLS# 26033295
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Investment Insights
Based on property information with market context.
This mixed-use building includes a ground-level retail space and an upper level that is currently vacant. The main level is approximately 3,458 square feet with 14-foot ceilings and is leased to an established retail tenant for in-place income. The upper level is approximately 3,650 square feet and is mostly down to the studs, providing an open layout for a future buildout. Recent capital improvements include a new roof and updated HVAC.
The property sits on a prominent corner in historic downtown Manistee on the River Street corridor. A large private parking lot to the west supports downtown parking for tenants and future occupants.
For buyers seeking an owner-user or an investment with existing retail occupancy, the leased main floor offers immediate commercial use. For developers and buyers looking to create additional housing or live-work space, the largely open upper level and conversion-ready condition provide a practical foundation for remodeling. Sale is for the real estate only; the operating business is not included.
The property sits on a prominent corner in historic downtown Manistee on the River Street corridor. A large private parking lot to the west supports downtown parking for tenants and future occupants.
For buyers seeking an owner-user or an investment with existing retail occupancy, the leased main floor offers immediate commercial use. For developers and buyers looking to create additional housing or live-work space, the largely open upper level and conversion-ready condition provide a practical foundation for remodeling. Sale is for the real estate only; the operating business is not included.
Key Highlights
- Commercial building on River Street corridor with main level leased to an established retail tenant for in‑place cash flow
- Main level approx. 3,458 SF with 14' ceilings; upper level approx. 3,650 SF is vacant and mostly down to the studs
- Private parking lot to the West provides on‑site parking and future development potential (per remarks)
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Annie's — 82 Division St, Manistee, MI 49660
- Stacey's Flowers — 259 5th St, Manistee, MI 49660
Frequently Asked Questions
What type of property is this?
Storefront property - Corner building with leased main retail and vacant upper level for conversion to residences.
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: Commercial building on River Street corridor with main level leased to an established retail tenant for in‑place cash flow; Main level approx. 3,458 SF with 14' ceilings; upper level approx. 3,650 SF is vacant and mostly down to the studs; Private parking lot to the West provides on‑site parking and future development potential (per remarks)