Mixed-Use Building with Retail
New
For Sale
$625,000
401 River Street, Manistee, MI 49660
Leased retail space anchors the main level, while the vacant upper floor offers conversion flexibility.
Property Size7,108 SF
Days on Market7
Property Features for 401 River Street
General Information
Standard status
Active
Size
7,108 SF
Property subtype
Commercial
Zoning
C-3
Taxes and HOA fees
Annual Taxes
$9,991
Building Details
Building Size
7,108 SF
Year Built
1883
Buildings
1
Stories
1
Units
1
Listing Agency:
Dwelling Realty - KW Northern Michigan
(231) 690-4981
Listed By:
Brandon Ball · License #6502431240
(231) 690-4981
Source:
Irishhillsfivestarhomes
Added: Aug 16
Changed: Aug 17
Last Checked: Aug 21 at 2:32PM
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 Dwelling Realty - KW Northern Michigan
Investment Insights
Based on property information with market context.
Built in 1883, this mixed-use commercial building combines an operating retail component with a substantial unfinished upper level. The main floor measures approximately 3,458 SF, features 14' ceilings, and is leased to an established retail tenant; the operating business is excluded from the sale. The approximately 3,650 SF upper floor is vacant and largely down to the studs, with source-stated potential for multi-unit residential or live/work conversion.
The property occupies a prominent corner along River Street in downtown Manistee, within the historic downtown area. A large private parking lot west of the building provides on-site parking. Recent improvements include a new roof and updated HVAC. The real estate is offered separately from the business and is zoned C-3.
The property occupies a prominent corner along River Street in downtown Manistee, within the historic downtown area. A large private parking lot west of the building provides on-site parking. Recent improvements include a new roof and updated HVAC. The real estate is offered separately from the business and is zoned C-3.
Key Highlights
- Approximately 3,458 SF main level leased to an established retail tenant
- Approximately 3,650 SF vacant upper level, largely down to the studs
- 14' ceilings on the main level
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 32%
Apparel 4%
A&W Restaurant
Dining
7,604 visits/mo
0.3 miles
Wesco
Shops & Services
7,566 visits/mo
0.3 miles
Dollar General
Shops & Services
6,245 visits/mo
0.2 miles
Little Caesars Pizza
Dining
5,124 visits/mo
0.3 miles
Huntington Bank
Shops & Services
4,212 visits/mo
0.2 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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Frequently Asked Questions
What type of property is this?
Mixed-use property - Leased retail space anchors the main level, while the vacant upper floor offers conversion flexibility.
Where is this mixed-use property located?
The property is located at 401 River Street Manistee, MI.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Approximately 3,458 SF main level leased to an established retail tenant; Approximately 3,650 SF vacant upper level, largely down to the studs; 14' ceilings on the main level
