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    Manistee, MI Motels for Sale

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    Eastlake, MI Free Soil, MI Onekama, MI
    Waterfront Motel, Marina, and Restaurant
    $985,000
    9,000 SF
    Waterfront Motel, Marina, and Restaurant

    215 & 217 Arthur St, Manistee, MI 49660

    Commercial property with motel, marina, and restaurant on Manistee Lake.
    • 130 feet of frontage on Manistee Lake with 8 boat slips, providing access to Lake Michigan.
    • High‑traffic US‑31 frontage offers excellent visibility and market exposure.
    • Commercial restaurant building with kitchen equipment, walk‑in coolers and seating, leased to a new business opening in September 2025.
    • Steady income stream from long‑term rental units, with potential for nightly/weekly rentals.
    • Significant development potential for condo resales, a vacation lakefront resort, or other uses.
    Updated: Aug 12, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Versatile Retail Entertainment Building
    $665,000
    6,000 SF
    Versatile Retail Entertainment Building

    Large commercial building with existing parking and 3-phase power, offering flexible options under Business zoning.

    8171 Whitehall Road, Whitehall, MI 49461

    View details
    Commercial Building with 3-Phase Power
    $665,000
    2.64 Acres
    Commercial Building with 3-Phase Power

    Busy roadside commercial building with a prior three-screen theater setup, substantial power, and parking on over 2.6 acres.

    8171 Whitehall Road, Whitehall, MI 49461

    View details
    Grand Traverse Motel For Sale
    $2,300,000
    8,062 SF
    Grand Traverse Motel For Sale

    Well-located 18-room motel near downtown Traverse City.

    1010 E Front Street, Traverse City, MI 49686

    View details
    Resort with Furnished Rental Units
    $3,800,000
    36.00 Acres
    Resort with Furnished Rental Units

    Own a fully furnished resort operation with 19 rental units and a four-bedroom residence on a nature preserve setting.

    Traverse City, MI 49696

    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.

    Prime Commercial Land For Sale
    $2,100,000
    8.00 Acres
    Prime Commercial Land For Sale

    8.86 acres ideal for motel, restaurant, and other businesses.

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

    View details
    Highway Exit Commercial Land
    $300,000
    2.75 Acres
    Highway Exit Commercial Land

    Prime land with high visibility near resort community.

    Blue Star Highway lot: 2, Saugatuck, MI 49453

    View details
    Prime Corner Commercial Land Available
    $550,000
    0.60 Acres
    Prime Corner Commercial Land Available

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

    7125 N LILLEY Road, Canton Twp, MI 48187

    View details
    Commercial Land on Adrian Highway
    $299,900
    3.43 Acres
    Commercial Land on Adrian Highway

    Commercial Highway Zoned lot with high traffic counts on M-52.

    3264 N Adrian Highway, Adrian, MI 49221

    View details

    Manistee, MI Motels Investment Opportunities Market Analysis

    Explore 1 motels for sale in Manistee, MI on our real estate platform. These investment opportunities span a total of 9,000 square feet of properties for sale, with an estimated market value of $985,000.

    Sale prices for motels in Manistee, MI start at $985,000, averaging $985,000, and reaching up to $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 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

    Retail

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