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    1586 Us-31 Manistee, MI 49660

    For Lease
    Contact for pricing

    Retail & Industrial Units Available in Prime Location

    Lot size:
    29,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Hillside Plaza, located at 1586 US-31 in Manistee, Michigan, 49660, offers a diverse range of commercial spaces for lease. This Class B property, situated in the high-traffic U.S. 31 Corridor within Filer Township, boasts multiple tenancy options. Available spaces range from 1,200 square feet to 10,635 square feet, catering to various business needs. Units include former hair salons, Subway locations, office spaces, and a potential convenience store space (available in 2024). One 1,200 sq ft unit is a free-standing building with drive-through capabilities and road frontage. The property benefits from its strategic location near established businesses such as U-Haul, McDonald's, O'Reilly Auto Parts, Subway, NUVU Fuels, and state government offices. Furthermore, Hillside Plaza enjoys proximity to a newly constructed $5 million U-Haul Moving and Storage Center and a planned $50 million, 200-unit mixed-use residential development, promising increased foot traffic and customer base. Leases are offered on a triple net (NNN) basis. The property's diverse unit sizes and prime location make it an ideal opportunity for businesses seeking high visibility and convenient access within a thriving community. Available spaces are ready for immediate occupancy, except where noted. Contact for details and scheduling a viewing.

    Property Features for 1586 Us-31

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,050 SF
    Class
    B

    Unit(s) available at that property

    Space
    End-cap, big box (Fitness Center)
    Size
    4,600 SF
    Space
    Built Out Office Space (in-line)
    Size
    1,450 SF
    Space
    Office/retail space available (Inline)
    Size
    6,900 SF
    Space
    Large Built Out Office Space
    Size
    10,500 SF
    Space
    Office/retail space available (Salon)
    Size
    1,200 SF
    Space
    Retail: Convenience and Cigarette Store
    Size
    1,600 SF
    Space
    Retail (Previous Subway)
    Size
    1,600 SF
    Space
    Outparcel Oil Lube
    Size
    1,200 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Manistee
    County
    Manistee
    State
    Michigan
    Longitude
    -86.313152
    Latitude
    44.2250202

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    FAQs

    What type of property is this?
    Flex space - Retail & Industrial Units Available in Prime Location
    Where is this flex space located?
    The property is located at 1586 Us-31 Manistee, MI.
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    Manistee, MI 49660
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1586 Us-31 Manistee, MI 49660
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