Residential Income

Manistique, MI Residential Income 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: Sep 26, 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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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
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.

Retail Building with Upstairs Apartment
Retail Building with Upstairs Apartment

813 Delta Avenue, Gladstone, MI 49837

$110,000
1,480 sqft · 0.09 AC lot

Single storefront on busy main street with large front windows, plus a rented one-bedroom apartment with separate utilities.

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Waterfront Land with Private Well
Waterfront Land with Private Well

5217 County Road 513 T, Rapid River, MI 49878

$180,000
2.11 AC lot

Two-acre waterfront parcel with on-site private well, electrical service, and an as-is cottage plus detached one-car garage.

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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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Waterfront Land with River Frontage
Waterfront Land with River Frontage

7952 Garth Point 25.25 Lane, Rapid River, MI 49878

$139,000
0.24 AC lot

Build-ready waterfront parcel on the Whitefish River with 72 feet of frontage and a new 1,000-gallon septic system.

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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.

Manistique Land Near Indian Lake
Manistique Land Near Indian Lake

CoRd 440 Road, Manistique, MI 49854

$32,500
1.17 AC lot

Over an acre near Indian Lake, ideal for building.

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Manistique Land Near Indian Lake
Manistique Land Near Indian Lake

LeDuc Road lot: 3, Manistique, MI 49854

$32,500
1.11 AC lot

1.11 acre lot near Indian Lake and golf course.

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Manistique Land Near Indian Lake
Manistique Land Near Indian Lake

LeDuc Road, Manistique, MI 49854

$32,500
1.11 AC lot

1.11 acre lot near Indian Lake and golf course.

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Residential Land Near Lake Michigan
Residential Land Near Lake Michigan

1.43 Acres Bolitho Drive, Manistique, MI 49854

$55,000
1.43 AC lot

Bluff parcel for dream home with Lake Michigan views.

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Manistique, MI Residential Income Properties Market Trends and Statistics

Explore 2 residential income 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 residential income 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
Multifamily properties 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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