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Downtown Office Building with Basement
For Sale
$197,000

323 RIVER ST, Manistee, MI 49660

Well-maintained main-level office with a full basement for storage, plus a private bathroom, rear entrance, and two off-street parking spaces.

Property Size2,436 SF
Price / SF$80.87
Days on Market28

Property Features for 323 RIVER ST

General Information

Standard status Active
Size 2,436 SF
Total Parking Spaces 2
Property subtype Business Opportunities

Amenities

3
Composition
21102

Building Details

Year Built 1900
Listing Agency: CENTURY 21 Northland
Listed By: Virginia Pelton · License #6501323236
Source: Xome
Added: Jul 13 Changed: Aug 8 Last Checked: Aug 9 at 5:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Northland

Investment Insights

Based on property information with market context.

This well-maintained commercial office building offers approximately 1,218 square feet on the main level, along with an additional 1,218-square-foot basement that can serve storage, records, or future expansion needs. The main level features a spacious open office area suited to multiple workstations or business-specific reconfiguration, and it includes a private bathroom for tenant convenience. A rear entrance adds practicality for day-to-day access.

Located in historic downtown Manistee’s thriving business district, the property is described as having easy access and proximity to local shops, restaurants, professional offices, and the scenic Riverwalk.

For parking, the building includes two dedicated spaces behind the building, providing a useful downtown amenity for staff and visitors.

Key Highlights

  • Approximately 1,218 SF main‑level commercial office in Historic Downtown Manistee
  • Additional 1,218 SF basement provides storage, records, or future expansion
  • Main level includes a spacious open office area for multiple workstations or customization

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained main-level office with a full basement for storage, plus a private bathroom, rear entrance, and two off-street parking spaces.
Where is this office building located?
The property is located at 323 RIVER ST Manistee, MI.
What is the asking price?
The asking price for this property is $197,000.
What are key features of this property?
This property features: Approximately 1,218 SF main‑level commercial office in Historic Downtown Manistee; Additional 1,218 SF basement provides storage, records, or future expansion; Main level includes a spacious open office area for multiple workstations or customization
More about this property
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