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    737 East Lakeshore Dr Manistique, MI 49854

    For Sale
    $450,000

    Vacant Land - Manistique, MI

    Lot size:
    0.97 Acres
    Days on Market:
    153
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 737 East Lakeshore Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    77-051-600-043-00
    Lot size
    0.97 Acres

    Building Details

    Architectural style
    Other

    GROVER REAL ESTATE (906) 341-2131

    Listing agent DAVID MUXLOW (906) 341-2131

    Listing date Jul 14, 2025

    MLS# 50157773 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

    Commercial Land on Highway 2

    This commercial vacant lot is located on Highway 2 in Manistique, Michigan. The site, which is almost one acre, is situated in a high-traffic area next to a new McDonald’s, Ford Dealership, and Jack’s Fresh Market. Nearby attractions include Tractor Supply, Dollar General, and the Lake Michigan waterfront boardwalk. The lot is level and paved. Utilities such as electric, natural gas, telephone, cable, fiber optic, city water, and sewer are available onsite or nearby. The lot will require elevation adjustments. Located within Manistique’s east-side commercial district, this site offers a development opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Manistique
    County
    Schoolcraft
    State
    Michigan
    Longitude
    -86.231999490738
    Latitude
    45.94795576612

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    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot in high-traffic area near major retailers.
    Where is this commercial land located?
    The property is located at 737 East Lakeshore Dr Manistique, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime commercial vacant lot on busy Highway 2.; - High-traffic location next to McDonald’s, Ford Dealership, and Jack’s Fresh Market.; - Utilities readily available onsite or nearby (electric, natural gas, telephone, cable, fiber optic, city water, and sewer).
    (906) 341-2131
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    737 East Lakeshore Dr Manistique, MI 49854
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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
    737 East Lakeshore Dr Manistique, MI 49854
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