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401 River St

manistee, MI 49660

$625,000

  • 1 BA

Interested? Let's Connect

It's a great time to buy in Downtown Manistee! Sitting on one of the most prominent corners in the heart of the historic downtown, this commercial building delivers income today and major upside tomorrow. The main level (approx. 3,458 sf, 14' ceilings) is leased to an established retail tenant for in-place cash flow. The business is NOT for SALE. The upper level (approx. 3,650 sf) is vacant and mostly down to the studs--a blank canvas ready for your multi-unit residential or live/work conversion. A large private parking lot to the West adds rare downtown parking and future development potential. Recent capital improvements include a new roof and updated HVAC, lowering near-term costs for the next owner. With all the recent commercial development transforming Manistee, now is the time to invest, build, or occupy on the sought-after River Street corridor. Ideal for investors, developers, and owner-users alike. Sale of the real estate only. Schedule your private showing today!; Power/Voltage: 400 Amp

Details

0.24 Private Acres Lot Size

commercial

$833 Monthly Tax

Built in 1883

MLS/Listing ID 67026033295

1 Units

Amenities & Features

River Front

Construction - Wood Siding

Construction - Stucco

Construction - Frame

Construction - Concrete

Construction - Brick

Rubber

Parking - Paved

Parking - Asphalt

Heating - Natural Gas

Heating - Forced Air

Stone

Brick Mortar

Basement

Cooling - Central Air

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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Interested In 401 River St?