Mixed-Use Building with
For Sale
$475,000
435 River St, Manistee, MI 49660
Two-level commercial property combines retail operations, apartment units, and substantial basement storage or workshop space.
Property Size6,556 SF
Price / SF$72.45
Days on Market50
Property Features for 435 River St
General Information
Standard status
Active
Size
6,556 SF
Financials
Gross Income
$38,400
Average Monthly Rent
$800
Units
Unit Mix
3 x 1BR, 1 x 2BR
Multifamily Units
4
Building Details
Year Built
1893
Listing Agency:
Dwelling Realty - KW Northern Michigan
Listed By:
Jim Beaudrie · License #6501316101
(231) 510-9142
Source:
Katie-k
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 7 at 5:22PM
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
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This mixed-use building combines a ground-floor retail area with four upstairs apartments and a full basement. The retail component measures 3300 square feet and is currently occupied by an upholstery shop. Residential space above includes three one-bedroom apartments and one two-bedroom apartment. The basement provides an additional 3300 square feet for storage or workshop use.
Electrical, plumbing, flooring, and roofing improvements have been completed within the past couple of years. Built in 1893, the property is located at 435 River St in Manistee, Michigan, offering a combination of commercial and residential components within one building.
Electrical, plumbing, flooring, and roofing improvements have been completed within the past couple of years. Built in 1893, the property is located at 435 River St in Manistee, Michigan, offering a combination of commercial and residential components within one building.
Key Highlights
- 3300 sq ft retail area currently used as an upholstery shop
- Four upstairs apartments: three one‑bedroom units and one two‑bedroom unit
- 3300 sq ft basement suitable for storage or workshop areas
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level commercial property combines retail operations, apartment units, and substantial basement storage or workshop space.
Where is this mixed-use property located?
The property is located at 435 River St 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: 3300 sq ft retail area currently used as an upholstery shop; Four upstairs apartments: three one‑bedroom units and one two‑bedroom unit; 3300 sq ft basement suitable for storage or workshop areas
