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Downtown Storefront with Basement
New
For Lease
$9 SF/Yr

415 River St, Manistee, MI 49660

Two-level commercial space supports office or retail use with restroom facilities on both levels.

Space SizeContact for details
Days on Market6

Property Features for 415 River St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1915
Units 1
Listing Agency: Coldwell Banker ALM REALTY
Listed By: Michael Cnudde · License #6502433313
Source: Elliman
Added: Sep 16 Changed: Sep 21 Last Checked: Sep 21 at 5:21AM

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 Coldwell Banker ALM REALTY

Investment Insights

Based on property information with market context.

This storefront property provides 2,200 square feet on the main floor and an additional 1,800 square feet in the basement. Each level includes one restroom, creating a practical layout for office or retail occupancy. The building dates to 1915 and is offered with a 3-year lease term.

Located at 415 River St in downtown Manistee, the property sits across from the Manistee River and near Westshore College, the Elks Club, shops, and restaurants. Walk Score is 78 and Bike Score is 60, reflecting a walkable, bikeable setting. The tenant is responsible for utilities, including water.

Key Highlights

  • 2,200 SF main floor with an additional 1,800 SF basement
  • One restroom on each level
  • Office or retail use supported by the existing layout

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

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
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Market

Lease Benchmarks for Manistee, MI

$10.8 /SF/Yr
Avg Asking Price
$9–$12 /SF/Yr
Price Range
3,659 SF
Avg Space Size

This space is priced 17% below the average of $10.8 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Stacey's Flowers 259 5th St, Manistee, MI 49660
  • Annie's 82 Division St, Manistee, MI 49660

Frequently Asked Questions

What type of property is this?
Storefront property - Two-level commercial space supports office or retail use with restroom facilities on both levels.
Where is this storefront property located?
The property is located at 415 River St Manistee, MI.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 2,200 SF main floor with an additional 1,800 SF basement; One restroom on each level; Office or retail use supported by the existing layout
More about this property
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