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Mixed-Use Building With Parking
For Sale
$625,000

401 River Street, Manistee, MI 49660

COMMERCIAL - Manistee, MI

Property Size7,108 SF
Lot Size0.24 Acres
Price / SF$87.93
Days on Market50

Property Features for 401 River Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description C-3
Bathrooms 1
Full bathrooms 1
Rooms Basement, Bathroom 1
Interior features Broadband
Elementary school district Manistee
Middle school district Manistee
High school district Manistee
Directions US-13 to River St. West to the corner of Maple and River.
Standard status Active
APN 51-350-702-13
Size 7,108 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lengthy Legal on File. 51-350-702-13 plus 51-350-702-09
Tax Annual Amount 9991
Legal Description Lengthy Legal on File. 51-350-702-13 plus 51-350-702-09

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

private parking lot

Building Details

Year built 1883
Floors in Building 1
Number of units 1
Building materials Stucco, Brick
Roof type Rubber
Listing Agency: Dwelling Realty - KW Northern Michigan
Listed By: Brandon Ball · License #6502431240
Added: Jul 1 Changed: Aug 4 Last Checked: Aug 19 at 6:06PM
MLS# 26033295

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use building at 401 River Street contains 7,108 square feet on a 0.24-acre parcel. The main floor spans approximately 3,458 square feet with 14' ceilings and is occupied by an established retail tenant; the business itself is not included in the sale. An approximately 3,650-square-foot upper floor is vacant and largely unfinished, providing space for a multi-unit residential or live-work conversion. The property also includes a basement, bathroom, forced-air heating, central air, broadband, and stucco and brick construction.

Positioned in the historic downtown area along the River Street corridor, the property includes a private parking lot west of the building. Recent improvements include a new rubber roof and updated HVAC equipment. The offering is for the real estate only, combining existing retail occupancy with additional unfinished space for redevelopment or owner use.

Key Highlights

  • 7,108‑square‑foot mixed‑use building on a 0.24‑acre parcel
  • Main level includes approximately 3,458 square feet of leased retail space
  • Vacant upper floor offers approximately 3,650 square feet for residential or live‑work conversion

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage HVAC Service Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby
44k
Monthly Visits Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Leased ground-floor retail space is paired with an unfinished upper level suited to residential or live-work conversion.
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: 7,108‑square‑foot mixed‑use building on a 0.24‑acre parcel; Main level includes approximately 3,458 square feet of leased retail space; Vacant upper floor offers approximately 3,650 square feet for residential or live‑work conversion
More about this property
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