Mixed-Use Retail and Rental
For Sale
$149,000
221 5th Street, Manistee, MI 49660
MULTI_FAMILY - Manistee, MI
Property SizeContact for details
Lot Size0.11 Acres
Days on Market191
Property Features for 221 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 3
Parking
2
Parking features
Driveway
Basement
Full
Lot features
Corner Lot
Elementary school district
Manistee
Middle school district
Manistee
High school district
Manistee
Standard status
Active
APN
51-648-704-01
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
FREELAND N 78 FT OF E 1/2 OF LOTS 1 + 2 EXC W 2 FT THEREOF BLOCK 3 _____P.ADDR: 221 1/2 5TH ST SALE(76) 90 1345-792 (96) 360 4640 0481 (97) 3650 0046, 3658 0189 (99) 360 2717 0199, 710 1717 0199 (04) 3897 0537 (05)3934 0217
Tax Annual Amount
2920
Legal Description
FREELAND N 78 FT OF E 1/2 OF LOTS 1 + 2 EXC W 2 FT THEREOF BLOCK 3 _____P.ADDR: 221 1/2 5TH ST SALE(76) 90 1345-792 (96) 360 4640 0481 (97) 3650 0046, 3658 0189 (99) 360 2717 0199, 710 1717 0199 (04) 3897 0537 (05)3934 0217
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air, Space Heater
Building Details
Year built
1880
Number of units
3
Building materials
Aluminum Siding
Roof type
Composition
Listing Agency:
Five Star Real Estate - Onekama
(231) 508-1001
Listed By:
Alan Pierce · License #6501435529
(231) 883-2467
Added: Feb 11
Changed: Jul 25
Last Checked: Aug 21 at 3:06AM
MLS# 26005165
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Investment Insights
Based on property information with market context.
This multi-purpose building includes two large upper rental units and a retail space on the lower level. The upstairs units feature in-unit laundry and spacious kitchens, with a 1-bedroom/1-bath layout and a 2-bedroom/1-bath layout. The lower retail space is accompanied by plenty of storage.
The property offers off-street parking and an attached oversized two-car garage with a 10' overhead door, supporting convenient loading and storage needs for retail operations.
The building is located at 221 5th Street in Manistee, Michigan.
The property offers off-street parking and an attached oversized two-car garage with a 10' overhead door, supporting convenient loading and storage needs for retail operations.
The building is located at 221 5th Street in Manistee, Michigan.
Key Highlights
- Multi‑purpose building in Manistee with 2 upper rental units: 1 bed/1 bath and 2 bed/1 bath
- Each rental unit includes its own laundry and a spacious kitchen
- Includes a retail space on the lower level with plenty of storage
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two upper rental units sit above a retail space with storage, plus off-street parking and an oversized attached two-car garage.
Where is this triplex located?
The property is located at 221 5th Street Manistee, MI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Multi‑purpose building in Manistee with 2 upper rental units: 1 bed/1 bath and 2 bed/1 bath; Each rental unit includes its own laundry and a spacious kitchen; Includes a retail space on the lower level with plenty of storage
