Mixed-Use Property With
New
For Sale
$475,000
435 River Street, Manistee, MI 49660
COMMERCIAL - Manistee, MI
Property Size6,556 SF
Lot Size0.07 Acres
Price / SF$72.45
Days on Market5
Property Features for 435 River Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 3, Basement, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5
Elementary school district
Manistee
Middle school district
Manistee
High school district
Manistee
Directions
US 31 to River st turn west to property
Standard status
Active
APN
51-349-705-02
Size
6,556 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
pt of
Legal Description
pt of
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1893
Floors in Building
2
Number of units
5
Building materials
Brick
Roof type
Rubber
Listing Agency:
Dwelling Realty - KW Northern Michigan
(231) 887-4455
Listed By:
Jim Beaudrie · License #6501316101
(231) 510-9142
Added: Aug 1
Changed: Aug 4
Last Checked: Aug 5 at 8:06PM
MLS# 26040332
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Investment Insights
Based on property information with market context.
This brick mixed-use property at 435 River Street combines a 3,300-square-foot retail area with four upstairs apartments. The residential component includes three one-bedroom apartments and one two-bedroom apartment. A separate 3,300-square-foot basement provides additional storage or workshop space. The building includes forced-air heating, central air conditioning, and a rubber roof.
Electrical, plumbing, flooring, and roofing improvements were completed within the past couple of years. Built in 1893, the property offers an established combination of commercial and residential space within a single building. The owner may continue leasing the commercial area for several more years, subject to agreed terms.
Electrical, plumbing, flooring, and roofing improvements were completed within the past couple of years. Built in 1893, the property offers an established combination of commercial and residential space within a single building. The owner may continue leasing the commercial area for several more years, subject to agreed terms.
Key Highlights
- 3,300 SF retail area on the main level
- Four upstairs apartments: three one‑bedroom and one two‑bedroom units
- 3,300 SF basement for storage or workshop use
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
688
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick commercial building combining retail space, four apartments, and substantial basement storage.
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 on the main level; Four upstairs apartments: three one‑bedroom and one two‑bedroom units; 3,300 SF basement for storage or workshop use
