Mixed-Use Building with Retail
New
For Sale
$625,000
Pending
401 River Street, Manistee, MI 49660
A leased street-level shop and unfinished upper floor create distinct commercial and redevelopment components.
Property Size7,108 SF
Days on Market3
Property Features for 401 River Street
General Information
Standard status
Pending
Size
7,108 SF
Zoning
C-3
Property Condition
Severity
Major Repairs Needed
Evidence
mostly down to the studs
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$9,991
Amenities
Yes
1
Broadband
No
True
Real Estate
0.24
Irregular in attachments
Paved
Stone
7108.0
Building Details
Building Size
7,108 SF
Year Built
1883
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Dwelling Realty - KW Northern Michigan - ()
Listed By:
Brandon Ball · License #6502431240
(231) 690-4981
Source:
Ensleyteam
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:27AM
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 - ()
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Investment Insights
Based on property information with market context.
At 401 River Street, this mixed-use building pairs a 3,458-square-foot street-level retail space with 14-foot ceilings and a vacant 3,650-square-foot upper floor. The upper level is largely stripped back, leaving space for a potential residential or live/work conversion. The retail tenant is in place; the sale covers the real estate only, not the business.
The property sits in downtown Manistee along River Street and has C-3 zoning. A paved private parking lot lies west of the building. Built in 1883, the property has also received a new roof and HVAC updates.
The property sits in downtown Manistee along River Street and has C-3 zoning. A paved private parking lot lies west of the building. Built in 1883, the property has also received a new roof and HVAC updates.
Key Highlights
- 3,458‑square‑foot retail space leased to an established tenant
- Street‑level retail area features 14‑foot ceilings
- Vacant 3,650‑square‑foot upper floor, mostly stripped to the studs
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A leased street-level shop and unfinished upper floor create distinct commercial and redevelopment components.
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: 3,458‑square‑foot retail space leased to an established tenant; Street‑level retail area features 14‑foot ceilings; Vacant 3,650‑square‑foot upper floor, mostly stripped to the studs
