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    Tbd Arbutus St Manistique, MI 49854

    For Sale
    $399,000

    Commercial/Industrial - Manistique, MI

    Lot size:
    1.40 Acres
    Days on Market:
    433
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for Tbd Arbutus St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    77-051-700-347-80
    Parking features
    Parking Lot
    Lot size
    1.40 Acres

    Building Details

    Architectural style
    Other

    GROVER REAL ESTATE (906) 341-2131

    Listing agent DAVID MUXLOW (906) 341-2131

    Listing date Oct 9, 2024

    MLS# 50157748 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

    Downtown Manistique Commercial/Industrial Lot

    This 1.4-acre paved lot is located in the downtown district of Manistique, Michigan, adjacent to Triangle Park and the Lake Effect Arts Community Center. The high-traffic area offers significant exposure. The property includes a small building currently used as a rental and a detached garage, providing a potential business headquarters.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Manistique
    County
    Schoolcraft
    State
    Michigan
    Longitude
    -86.247564106369
    Latitude
    45.954604018052

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    FAQs

    What type of property is this?
    Commercial land - Paved lot in high-traffic downtown Manistique, Michigan.
    Where is this commercial land located?
    The property is located at Tbd Arbutus St Manistique, MI.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - High-traffic downtown location ensures excellent business exposure.; - Paved lot ready for immediate use.; - Situated next to Triangle Park and Lake Effect Arts Community Center.
    (906) 341-2131
    Request Owner's contact information
    Tbd Arbutus St 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

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    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
    Tbd Arbutus St Manistique, MI 49854
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