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    Manistee, MI
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    Manistee, MI Motels for Sale

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    Free Soil, MI Onekama, MI Kaleva, MI Brethren, MI Bear Lake, MI Ludington, MI Fountain, MI Arcadia, MI
    Waterfront Motel and Marina Complex
    Updated: Aug 12, 2025
    Waterfront Motel and Marina Complex

    215 & 217 Arthur St, Manistee, MI 49660

    $985,000
    9,000 sqft 1.40 AC lot
    Approximately 130 ft of frontage on Manistee Lake with 8 boat slips for on‑site fishing and boating access
    Little Riverside Motel & Marina with 8 individually deeded condominium units, each with separate tax ID numbers
    Commercial restaurant building with kitchen equipment and walk‑in coolers, recently leased to a new business opening in September 2025
    High‑traffic US‑31 corridor with highway frontage as well as lake frontage
    1995 construction with vinyl siding, composition roof, forced‑air heat, and central air
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    Waterfront Motel and Marina
    Updated: Aug 9, 2025
    Waterfront Motel and Marina

    215 & 217 Arthur St Unit SourceFi, Manistee, MI 49660

    $985,000
    9,000 sqft
    Motel and marina complex with restaurant plus long‑term rental units
    Approx. 130 ft of frontage on Manistee Lake with 8 boat slips
    Access to Lake Michigan for fishing and boating via the Manistee River Channel
    High‑traffic US‑31 corridor location with highway frontage
    Roof type: composition; year built: 1995
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    Riverside Motel and Marina
    Riverside Motel and Marina

    520 Water St, Manistee, MI 49660

    Contact for pricing
    5,495 sqft

    Riverside Motel with 20 rooms and a private marina on the Manistee River with turn-key condition.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Waterfront Motel and Marina
    Waterfront Motel and Marina

    215 & 217 Arthur St, Manistee, MI 49660

    $985,000

    Waterfront motel and marina with about 130 feet of frontage and 8 boat slips, plus an on-site restaurant building.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Manistee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Motel and Ice Cream Shop
    Motel and Ice Cream Shop

    1882 N Lakeshore Dr, Ludington, MI 49431

    $895,000
    3,480 sqft 1.26 AC lot

    Year-round motel with nine updated units, plus a seasonal ice cream shop and luncheonette.

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    Lakewood Motel and Ice Cream Shop
    Lakewood Motel and Ice Cream Shop

    N 1882 N Lakeshore Dr Unit SourceFi, Ludington, MI 49431

    $895,000
    3,480 sqft

    For sale: nine-unit motel with kitchenettes and patios, plus a seasonal ice cream shop and luncheonette.

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    Campground and Motel Cabin Complex
    Campground and Motel Cabin Complex

    13544 Caberfae Highway, Wellston, MI 49689

    $371,500
    5,192 sqft 8.04 AC lot

    Campground and motel/cabin complex on wooded acreage with licensed campsites and multiple rental units.

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    Campground and Motel Complex
    Campground and Motel Complex

    Wellston, MI 49689

    $371,500
    8.00 AC lot

    Campground and motel/cabin complex on wooded acreage with 25 licensed campsites, motel bunk house, and five rental cabins.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Buildable Land
    Waterfront Buildable Land

    6785 Fouch Road, Traverse City, MI 49684

    $250,000
    2.69 AC lot

    Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

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    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

    7900,7990,7996 N Alger Road, Alma, MI 48801

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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    High-Visibility Highway Commercial Land
    High-Visibility Highway Commercial Land

    Blue Star Highway lot: 2, Fennville, MI 49408

    $300,000
    2.75 AC lot

    Cleared highway exit land in a C-3 district for a range of commercial and service uses.

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    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    0.60-acre vacant lot on a hard corner in Canton.

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    Manistee, MI Motels Market Trends and Statistics

    Explore 4 motels for sale in Manistee, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 23,495 square feet of properties for sale, with an estimated market value of $2,955,000.

    Sale prices for motels in Manistee, MI average $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 4
    Bed & breakfasts 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +1.2%
    Median Household Income $62,211
    College Educated 30.9%

    High-Yield Neighborhoods for Investment

    Identify Manistee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49660 $985K

    Taxes & Financing

    Tax Rate (average for all types) 3.88%
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Manistee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Manistee County

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