Downtown Mixed-Use Building with
For Sale
$625,000
401 RIVER ST, Manistee, MI 49660
Historic downtown property combines an occupied retail level with a vacant upper floor for future redevelopment planning.
Property Size7,108 SF
Price / SF$87.93
Days on Market74
Property Features for 401 RIVER ST
General Information
Standard status
Active
Size
7,108 SF
Property subtype
Industrial
Additional Details
Corner Location
Yes
Amenities
3
Rubber
Building Details
Year Built
1883
Buildings
1
Listing Agency:
Dwelling Realty - KW Northern Michigan
(231) 887-4455
Listed By:
Brandon Ball · License #6502431240
(231) 690-4981
Source:
Xome
Added: Jun 29
Changed: Sep 9
Last Checked: Sep 9 at 4:27PM
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 occupies a prominent corner along River Street in downtown Manistee. The approximately 3,458-square-foot main level has 14-foot ceilings and is leased to an established retail tenant; the business itself is not included in the sale. A new roof and updated HVAC are among the recent capital improvements.
The approximately 3,650-square-foot upper level is vacant and mostly down to the studs, providing unfinished space for a future multi-unit residential or live/work conversion. A large private parking lot west of the building adds dedicated downtown parking and may support future development plans. The offering includes the real estate only.
The approximately 3,650-square-foot upper level is vacant and mostly down to the studs, providing unfinished space for a future multi-unit residential or live/work conversion. A large private parking lot west of the building adds dedicated downtown parking and may support future development plans. The offering includes the real estate only.
Key Highlights
- Approximately 7,108 SF total building area
- Main level: approximately 3,458 SF with 14' ceilings and an established retail tenant
- Upper level: approximately 3,650 SF, vacant and mostly down to the studs
Property Analytics
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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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic downtown property combines an occupied retail level with a vacant upper floor for future redevelopment planning.
Where is this mixed-use property located?
The property is located at 401 RIVER ST 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 7,108 SF total building area; Main level: approximately 3,458 SF with 14' ceilings and an established retail tenant; Upper level: approximately 3,650 SF, vacant and mostly down to the studs
