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401 River Street Manistee, MI $ 625,000
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401 River Street
$ 625,000
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401 River Street

Manistee, MI, 49660
$ 625,000
Bedrooms-- Baths1.0

Monthly Estimate*

$ 3,946

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401 River Street, Manistee, MI 49660 - Image 15

Commercial Property for sale in Manistee, MI

for $625,000 with 1 full bath. This building was built in 1883 on a lot size of 0.24.

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!

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Commercial Active

Price

$ 625,000

Full Bath

1

Property Type

Commercial

Taxes

$ 9,991

Style

Retail

Lot Size

0.24

Year Built

1883

Town/City

Manistee

County/Region

Manistee

MLS | Web ID

26033295
Features
Interior
Interior Amenities Broadband
Total Stories 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 1
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General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Rubber
Construction Materials Stucco Brick
Exclusions If the Landlord enters into a Purchase Agreement with a party during the lease time period the tenant shall have a right of first refusal. Ask listing agent for details.
Year Built 1883
Tenant Pays Electric Gas
Township City of Manistee
Property Subtype Retail
Tax Year 2025
Business Type Other Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Retail
Waterfront Features River
County Manistee
Insurance Expense 4000.0
New Construction N
Property Type Commercial Sale
Full Baths 1
Status Active
Directions US-13 to River St. West to the corner of Maple and River.
City Manistee
High School District Manistee
Zoning Description C-3
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 10454.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 9991.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 164833
Ownership Type LLC
Legal Description Lengthy Legal on File. 51-350-702-13 plus 51-350-702-09
Senior Community None
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Exterior
Inclusions Real Estate
Lot Size Area 0.24
Foundation Details Stone
Number of Buildings 1
Spa N
Building Area Total 7108.0
Lot Dimensions Irregular in attachments
Lot Size Acres 0.24
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
View True
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Internal Only
Street Number 1 401
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* Excluded Features
List By
Dwelling Realty - Kw Northern Michigan

Broker

brandon@dwellingrealty.com

Email

Affordability Calculator

$4,779
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,946
Monthly Property Taxes
$833
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250977 Elementary School
250254 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/1/2026$625,000 Listed Price

Map

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401 River Street, Manistee, MI, 49660 is a Commercial Property for sale at $625,000 with a lot size of 0.24. 401 River Street has 1.0 baths and was built in 1883. The property's zip code is 49660 which is in Manistee, MI

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