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Property profile & analytics
OFF-MARKET
Industrial properties

86 Washington St Manistee, MI 49660

7,300 SF 0.64 ac lot Built 1910
Property ID
Property summary
AI-generated overview

This exceptional 7,300 square foot commercial condominium presents a unique investment opportunity in the heart of downtown Manistee, Michigan. Located on a 0.64-acre corner lot, this main-level space is part of a fully renovated, three-story historical building (originally constructed in 1910 and renovated in 2018) that also houses the popular North Channel Brewing Company. The property boasts stunning historical architecture, artfully preserved during the 2018 renovation, showcasing exposed beams and rustic brick walls. The unit itself is currently occupied by the brewery and restaurant, encompassing brewing facilities, a laboratory, a large kitchen, a restaurant/bar area, an office, freezer/cooler storage, and an outdoor seating area. The building's prime location is just steps from the Manistee Riverfront, offering high visibility and accessibility. The total building size is 21,000 square feet, providing a strong sense of community and shared amenities. This property offers a blend of historical charm and modern functionality, making it an ideal investment for a discerning buyer. The asking price is $750,000.

Property profile
Verified
Property type Industrial properties
Year built 1910
Total area 7,300 SF
Lot 0.64 ac (27,878 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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