Mixed-Use Building with
For Sale
$475,000
435 River Street, Manistee, MI 49660
Retail space, four upstairs apartments, and a full basement create a flexible mixed-use configuration.
Property Size6,556 SF
Days on Market15
Property Features for 435 River Street
General Information
Standard status
Active
Size
6,556 SF
Property subtype
Commercial
Units
Unit Mix
3 x 1BR, 1 x 2BR
Multifamily Units
4
Building Details
Building Size
6,556 SF
Year Built
1893
Buildings
1
Stories
2
Units
5
Tenancy
Multi
Listing Agency:
Dwelling Realty - KW Northern Michigan
(231) 510-9142
Listed By:
Jim Beaudrie · License #6501316101
Source:
Erareardonrealty
Added: Aug 17
Changed: Aug 29
Last Checked: Aug 30 at 5:36PM
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 3,300-square-foot retail area with four apartments on the upper level. The residential layout includes three one-bedroom apartments and one two-bedroom apartment. A separate 3,300-square-foot basement provides substantial storage or workshop space. The commercial area is currently occupied by an upholstery shop, and the owner may lease that space for continued business operations.
Recent improvements include updates to the electrical system, plumbing, flooring, and roof, completed within the past couple of years. Located at 435 River Street in Manistee, Michigan, the property brings retail, residential, and lower-level utility space together in one building.
Recent improvements include updates to the electrical system, plumbing, flooring, and roof, completed within the past couple of years. Located at 435 River Street in Manistee, Michigan, the property brings retail, residential, and lower-level utility space together in one building.
Key Highlights
- 3,300 SF retail area currently used as an upholstery shop
- Four upstairs apartments: three one‑bedroom units and one two‑bedroom unit
- 3,300 SF basement for storage or workshop use
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space, four upstairs apartments, and a full basement create a flexible mixed-use configuration.
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: 3,300 SF retail area currently used as an upholstery shop; Four upstairs apartments: three one‑bedroom units and one two‑bedroom unit; 3,300 SF basement for storage or workshop use
