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Mixed-Use Building With Apartments
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435 River Street, Manistee, MI 49660

Retail operations occupy the lower level, while four apartments provide residential space above.

Property Size6,556 SF
Price / SF$72.45
Days on Market11

Property Features for 435 River Street

General Information

Standard status Active
Size 6,556 SF
Property subtype Retail, Office

Additional Details

Gross Income $38,400

Building Details

Year Built 1893
Buildings 1
Units 5
Listing Agency: Dwelling Realty - KW Northern Michigan
Listed By: Jim Beaudrie · License #6501316101
Source: Crexi
Added: Aug 1 Changed: Aug 9 Last Checked: Aug 10 at 11:15AM

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 1893, this mixed-use property combines a commercial storefront area with residential accommodations on the upper level. The commercial space is currently used as an upholstery shop, and the building includes four apartments: three one-bedroom units and one two-bedroom unit. A full basement adds substantial storage or workshop capacity.

Recent updates include electrical, plumbing, flooring, and roofing work completed within the past couple of years. The property is located at 435 River Street in Manistee, Michigan, with retail and multifamily components contained in one building. The commercial area may also remain available for the current owner’s business under a future lease arrangement.

Key Highlights

  • Mixed‑use building at 435 River Street, Manistee, MI 49660
  • Four upstairs apartments: three one‑bedroom units and one two‑bedroom unit
  • Commercial area currently operates as an upholstery shop

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail operations occupy the lower level, while four apartments provide residential space above.
Where is this mixed-use property located?
The property is located at 435 River Street Manistee, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Mixed‑use building at 435 River Street, Manistee, MI 49660; Four upstairs apartments: three one‑bedroom units and one two‑bedroom unit; Commercial area currently operates as an upholstery shop
(231) 510-9142 Call to check price and availability
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