87 Division Street Manistee, MI $ 500,000
87 Division Street
$ 500,000
Share Save

87 Division Street

Manistee, MI, 49660
$ 500,000
Bedrooms-- Baths-- Sq 17,274

Monthly Estimate*

$ 3,079

87 Division Street, Manistee, MI 49660 - Image 1
87 Division Street, Manistee, MI 49660 - Image 2
87 Division Street, Manistee, MI 49660 - Image 3
87 Division Street, Manistee, MI 49660 - Image 4
87 Division Street, Manistee, MI 49660 - Image 5
87 Division Street, Manistee, MI 49660 - Image 6
87 Division Street, Manistee, MI 49660 - Image 7
87 Division Street, Manistee, MI 49660 - Image 8
87 Division Street, Manistee, MI 49660 - Image 9
87 Division Street, Manistee, MI 49660 - Image 10
87 Division Street, Manistee, MI 49660 - Image 11
87 Division Street, Manistee, MI 49660 - Image 12
87 Division Street, Manistee, MI 49660 - Image 13
87 Division Street, Manistee, MI 49660 - Image 14
87 Division Street, Manistee, MI 49660 - Image 15
87 Division Street, Manistee, MI 49660 - Image 16
87 Division Street, Manistee, MI 49660 - Image 17
87 Division Street, Manistee, MI 49660 - Image 18
87 Division Street, Manistee, MI 49660 - Image 19
87 Division Street, Manistee, MI 49660 - Image 20
87 Division Street, Manistee, MI 49660 - Image 21
87 Division Street, Manistee, MI 49660 - Image 22
87 Division Street, Manistee, MI 49660 - Image 23
87 Division Street, Manistee, MI 49660 - Image 24
87 Division Street, Manistee, MI 49660 - Image 25
87 Division Street, Manistee, MI 49660 - Image 26
87 Division Street, Manistee, MI 49660 - Image 27
87 Division Street, Manistee, MI 49660 - Image 28
87 Division Street, Manistee, MI 49660 - Image 29
87 Division Street, Manistee, MI 49660 - Image 30
87 Division Street, Manistee, MI 49660 - Image 31
87 Division Street, Manistee, MI 49660 - Image 32
87 Division Street, Manistee, MI 49660 - Image 33
87 Division Street, Manistee, MI 49660 - Image 34
87 Division Street, Manistee, MI 49660 - Image 35
87 Division Street, Manistee, MI 49660 - Image 36
87 Division Street, Manistee, MI 49660 - Image 37
87 Division Street, Manistee, MI 49660 - Image 38

Commercial Property for sale in Manistee, MI

for $500,000. This 17,274 square foot building was built in 1920 on a lot size of 0.51.

Positioned in the heart of Downtown Manistee, this unique offering includes three interconnected commercial buildings spanning half a city block, with frontage on Cypress Street (US-31), Division Street, and Clay Street. Formerly home to a long-standing hardware store, the property features approximately 17,000 square feet of retail space, complemented by two additional buildings that provide flexibility for a wide range of uses. With its prominent location along a primary corridor and strong visibility, the property is ideally suited for redevelopment, adaptive reuse, or a multi-tenant investment concept. The surrounding area is a vibrant mix of local shops, restaurants, and essential services, drawing consistent traffic from year-round residents, seasonal visitors, and Northern Michigan vacationers. An upper-level approximately 1,500 square foot three-bedroom apartment offers additional potential for residential income or owner occupancy, with a spacious layout and private covered deck, ready for renovation and customization. Just minutes from Lake Michigan beaches, the marina, and the Riverwalk, this property presents a rare opportunity to reimagine a significant footprint in one of Northern Michigan’s most charming and active downtowns.

See more

Commercial Active

Price

$ 500,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

0.51

Year Built

1920

Town/City

Manistee

County/Region

Manistee

MLS | Web ID

80067272

Features
General
Heating Forced Air
Cooling Central A/C
Possession At Close
Roof Asphalt Metal
Water Public Water
Status Active Active
Year Built 1920
Parking Parking Lot
Subdivision none MI
County Manistee
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name none
Ownership Private
Municipality Manistee
Section 12
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Manistee (51021)
Primary City Manistee
Location Corner Lot
Directions US 31 to property on the Southwest corner of Cypress St (US 31) and Clay St
City Manistee
Financial Terms Cash Conventional
Legal Description see docs
DOM 16
Postal Code 49660
Price Per Sq Ft Total AG 28.95
Public Remarks Positioned in the heart of Downtown Manistee this unique offering includes three interconnected commercial buildings spanning half a city block with frontage on Cypress Street (US-31) Division Street
See more
Exterior
Exterior Frame Wood
Lot Size Area 0.51
Lot Dimensions 176x134x156x132
See more
Interior
Fuel Type Natural Gas
See more
* Excluded Features
List By
Mark Hagan

Listing Agent

Coldwell Banker Schmidt Traverse City

Broker

info@markhagan.com

Email

Affordability Calculator

$3,079
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$500,000 Listed Price

Map


See all

87 Division Street, Manistee, MI, 49660 is a Commercial Property for sale at $500,000 with 17,274 sqft and a lot size of 0.51. 87 Division Street was built in 1920. The property's zip code is 49660 which is in Manistee, MI