Storefront with Exposed
New
For Sale
$98,000
123 Walnut Street, Manistique, MI 49854
COM/IND/BUS OPP, Manistique, MI
Property Size1,650 SF
Lot Size0.04 Acres
Price / SF$59.39
Days on Market2
Property Features for 123 Walnut Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Parking features
Parking Lot
Lot features
Downtown Dev Authority
Subdivision
Manistique (77009)
Standard status
Active
Size
1,650 SF
Lot size
0.04 Acres
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1955
Roof type
Rubber
Listing Agency:
KELLER WILLIAMS NM PENINSULA PARTNERS · Keller Williams Realty
(906) 286-4337
Listed By:
JULIE BARR · License #6501413781
(906) 286-9366
Added: Oct 14
Last Checked: Oct 15 at 11:06AM
MLS# 50224902
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 1,650-square-foot storefront dates to 1955 and features hardwood flooring, exposed brick, high ceilings and front windows. The building has forced-air heat, public water and a rubber roof. A parking lot is also part of the property, which occupies 0.04 acres.
Commercial zoning permits residential units on the second story. An interior staircase beside the alley could be adapted to provide a separate exterior entrance for one or two units. The property is within a Qualified Opportunity Zone.
Commercial zoning permits residential units on the second story. An interior staircase beside the alley could be adapted to provide a separate exterior entrance for one or two units. The property is within a Qualified Opportunity Zone.
Key Highlights
- 1,650‑square‑foot storefront built in 1955
- Hardwood flooring, exposed brick, high ceilings and front windows
- Commercial zoning permits second‑story residential units
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 32%
Home Improvements & Furnishings 21%
Hardee's
Dining
6,492 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,329 visits/mo
0.2 miles
Ace Hardware
Home Improvements & Furnishings
3,913 visits/mo
0.2 miles
SUBWAY
Dining
2,467 visits/mo
0.4 miles
Super Wash
Shops & Services
1,000 visits/mo
0.2 miles
Demographics for 49854, MI
6,211
Population
4,307
Households
1.4
Avg Household Size
52
Median Age
21%
College-Educated
89%
High-School Grad
473.9 sq mi
ZIP Area
13
Density / Sq Mi
$57,212
Median Household Income
$33,705
Median Earnings
$653
Median Rent
$117,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Flowers by Jodi — 176 River St, Manistique, MI 49854
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial zoning permits consideration of residential units on the upper floor.
Where is this storefront property located?
The property is located at 123 Walnut Street Manistique, MI.
What is the asking price?
The asking price for this property is $98,000.
What are key features of this property?
This property features: 1,650‑square‑foot storefront built in 1955; Hardwood flooring, exposed brick, high ceilings and front windows; Commercial zoning permits second‑story residential units
