Waterfront Motel and Marina
For Sale
$985,000
215 & 217 Arthur St, Manistee, MI 49660
COMMERCIAL - Manistee, MI
Property Size9,000 SF
Lot Size1.40 Acres
Price / SF$109.44
Days on Market373
Property Features for 215 & 217 Arthur St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Waterfront Dist
Bathrooms
9
Full bathrooms
9
Rooms
Bathroom 8, Bathroom 1, Bathroom 6, Bathroom 2, Bathroom 7, Bathroom 5, Bathroom 9, Basement, Bathroom 4, Bathroom 3
Interior features
Broadband
Elementary school district
Manistee
Middle school district
Manistee
High school district
Manistee
Subdivision
MasonOceanaManistee - O
Standard status
Active
APN
Multiple
Size
9,000 SF
Lot size
1.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
see attached - lengthy legal
Tax Annual Amount
21797
Legal Description
see attached - lengthy legal
Utilities
Utilities
Phone Available
Heating system
Forced Air
Cooling system
Central Air
Water front features
Lake
Water front
1
Amenities
8 boat slips
Building Details
Year built
1995
Floors in Building
2
Number of units
9
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Greenridge Realty S Rath
(231) 843-6868
Listed By:
Debby Stevenson · License #6502347161
(231) 510-5727
Added: Aug 12, 2025
Changed: Aug 4
Last Checked: Aug 19 at 6:06PM
MLS# 25040815
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 waterfront hospitality property includes the Little Riverside Motel & Marina complex along with a separate commercial restaurant building. The motel complex is currently configured with long-term rental units, and the public remarks indicate it can also be used for nightly and weekly rentals. The property includes approximately 130 feet of frontage along Manistee Lake and features eight boat slips.
The site has water frontage and highway frontage on the US-31 corridor. The restaurant building is described as equipped with kitchen equipment, walk-in coolers, and seating, and it is currently leased to a new business scheduled to open in September 2025.
The eight units are individually deeded condominiums, each with separate tax ID numbers. The property is offered for sale as a single asset with flexibility described in the remarks for potential future uses and development.
The site has water frontage and highway frontage on the US-31 corridor. The restaurant building is described as equipped with kitchen equipment, walk-in coolers, and seating, and it is currently leased to a new business scheduled to open in September 2025.
The eight units are individually deeded condominiums, each with separate tax ID numbers. The property is offered for sale as a single asset with flexibility described in the remarks for potential future uses and development.
Key Highlights
- Approximately 130 ft of frontage on Manistee Lake with 8 boat slips for on‑site fishing and boating access
- Little Riverside Motel & Marina with 8 individually deeded condominium units, each with separate tax ID numbers
- Commercial restaurant building with kitchen equipment and walk‑in coolers, recently leased to a new business opening in September 2025
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
125
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 82%
Shops & Services 12%
Hotels & Casinos 6%
Burger King
Dining
10,523 visits/mo
0.2 miles
Watson's Manistee Chrysler Dodge Jeep Ram
Shops & Services
822 visits/mo
0.4 miles
Grand Rental Station
Shops & Services
739 visits/mo
0.3 miles
Super 8, Manistee
Hotels & Casinos
472 visits/mo
0.0 miles
Econo Lodge
Hotels & Casinos
347 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Super 8 by Wyndham Manistee — 220 Arthur St, Manistee, MI 49660
- Little Riverside Motel & Marina — 217 Arthur St, Manistee, MI 49660
- Manistee Hotel — 200 Arthur St, Manistee, MI 49660
- A Storage Inn — 74 Arthur St, Manistee, MI 49660
Frequently Asked Questions
What type of property is this?
Motel - Waterfront and US-31 frontage motel and marina complex with restaurant building and eight boat slips.
Where is this motel located?
The property is located at 215 & 217 Arthur St Manistee, MI.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Approximately 130 ft of frontage on Manistee Lake with 8 boat slips for on‑site fishing and boating access; Little Riverside Motel & Marina with 8 individually deeded condominium units, each with separate tax ID numbers; Commercial restaurant building with kitchen equipment and walk‑in coolers, recently leased to a new business opening in September 2025
