Multifamily

Manistique, MI Multifamily Properties for Sale

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Thompson, MI Gulliver, MI Cooks, MI
Manistique Commercial Building with Apartments
Updated: Oct 4, 2023
Manistique Commercial Building with Apartments

226 Deer Street, Manistique, MI 49854

$269,000
9,000 sqft · 0.48 AC lot
Large 9,000 sq ft commercial building with open layout suitable for customization.
Includes two upper‑level apartments that are currently rented, providing immediate income.
Parking available on two sides of the building with vehicle access on all sides.
Features wheelchair access and accessible approach with ramp.
Equipped with central air cooling.
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Manistique Commercial Building with Apartments
Updated: Oct 3, 2023
Manistique Commercial Building with Apartments

226 Deer, Manistique, MI 49854

$269,000
9,000 sqft
Large 9,000 sq ft commercial building with open showroom space.
Two upper‑level apartments provide rental income.
Parking available on two sides of the building with vehicle access on all sides.
Flexible interior layout allows for customization to suit business needs.
Located on Main Street with high visibility and accessibility.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Manistique, 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.

Two-Home Residential Income Property
Two-Home Residential Income Property

509 S 1st Avenue, Escanaba, MI 49829

$175,000
2,922 sqft · 0.18 AC lot

Two separate residences on one parcel offer flexible owner-occupant or rental options.

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Updated Duplex with Separate Entrances
Updated Duplex with Separate Entrances

517 S 9th Street, Escanaba, MI 49829

$250,000
2,735 sqft · 0.16 AC lot

Well-updated duplex with two 2-bedroom units, separate entrances, and shared laundry, offering flexible owner-occupant or investor use.

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Downtown Gladstone Multi-Family Investment
Downtown Gladstone Multi-Family Investment

905 Delta Avenue, Gladstone, MI 48983-7

$209,995
3,694 sqft · 0.08 AC lot

Multi-family property with commercial space in downtown Gladstone, MI.

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Mixed-Use Investment in Downtown Gladstone
Mixed-Use Investment in Downtown Gladstone

905 Delta Avenue, Gladstone, MI 49837

$209,995
3,694 sqft · 0.08 AC lot

Turn-key mixed-use property in the heart of downtown Gladstone, MI.

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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.

High-Elevation View Farmland Parcel
High-Elevation View Farmland Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,950,000
74.20 AC lot

74-acre ridge-top farmland suited for residential development with expansive multi-directional water and sunset views.

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Menominee City Building Lot
Menominee City Building Lot

605 46th Avenue, Menominee, MI 49858

Contact for pricing
0.21 AC lot

Building lot near Henes Park, ready for construction.

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Traverse City Land with Utilities
Traverse City Land with Utilities

4866 Luanne Lane, Traverse City, MI 49685

$59,000
0.52 AC lot

Half-acre lot with well, septic, gas, and electric hookup.

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Tippy Dam Lodge Retreat
Tippy Dam Lodge Retreat

1306 N Tippy Dam Road, Wellston, MI 49689

$999,900
22.24 AC lot

Unique lodge in Manistee National Forest with multiple buildings.

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Manistique, MI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Manistique, MI on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale, with an estimated market value of $538,000.

Sale prices for multifamily properties in Manistique, MI start at $269,000, averaging $269,000, and reaching up to $269,000 — 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

Apartment buildings 2

Demographics Overview

Population 6,148
Population Growth (5Y) -0.7%
Median Household Income $57,212
College Educated 27.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49854 $269K

Taxes & Financing

Tax Rate (average for all types) 4.41%
Property Tax per SF $81.50 per SF
Tax Rate vs County Average 0.84 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Schoolcraft County

New Delisted

Total CRE Inventory on Market (SF)

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