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    Free Soil, MI Onekama, MI Kaleva, MI Brethren, MI Bear Lake, MI Ludington, MI Fountain, MI Arcadia, MI
    Riverside Motel and Marina
    Updated: May 1
    Riverside Motel and Marina

    520 Water St, Manistee, MI 49660

    Contact for pricing
    5,495 sqft
    Riverside Motel on the Manistee River with 20 rooms
    Includes a private marina on the Manistee River
    Marina access connects to the "Riverwalk" 1.75‑mile walk with historic markers
    On‑site marina services include fishing boat charters and Casino Shuttle
    Reported in great condition with no repairs or upgrades needed
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Manistee, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Boutique Motel with Courtyard Garden
    Boutique Motel with Courtyard Garden

    717 E Ludington Avenue, Ludington, MI 49431

    $2,200,000
    12,129 sqft 1.16 AC lot

    Lodging property with guest amenities, a commercial kitchen, and landscaped outdoor areas.

    View details
    29-Room Motel with Courtyard
    29-Room Motel with Courtyard

    717 E Ludington Ave, Ludington, MI 49431

    $2,200,000
    12,129 sqft

    Lodging property with guest amenities, landscaped outdoor areas, and walkable access to downtown Ludington.

    View details
    Seven-Cabin Motel Property
    Seven-Cabin Motel Property

    Free Soil, MI 49411

    $565,000
    3,011 sqft 2.33 AC lot

    Private-bath cabins include a larger unit with a full kitchen and smaller units with microwaves and mini refrigerators.

    View details
    Vintage Cabin Motel
    Vintage Cabin Motel

    Free Soil, MI 49411

    $565,000
    3,001 sqft 2.33 AC lot

    Seven individually equipped cabins with private bathrooms and a larger unit suitable for rental use or an owner residence.

    View details

    Manistee, MI Motels Market Trends and Statistics

    Explore 1 motels for sale in Manistee, MI on our real estate platform. These investment opportunities span a total of 5,495 square feet of properties for sale.

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    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)

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