401 River Street, Manistee, MI 49660
New Listing $625,000
Property Type: Commercial Sale Square Footage: 7,108 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $625,000 List Date: 7/01/2026 Last Modified: 7/01/2026
Overview
Description
Listing Details MLS# 26033295
Location Property Info
- County
- Manistee
- Street #
- 401
- Street Name
- River
- Suffix
- Street
- State
- MI
- Zip Code
- 49660
- Zip (4)
- 1522
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.24
- Lot Square Footage
- 10454
- Lot Dimensions
- Irregular in attachments
- Year Built
- 1883
- Road Frontage
- 217.5
- Total # Units
- Yes
- # Fin Bldg Lvls
- Yes
- Total # Bldgs
- Yes
- Total SqFt
- 7108
- Full Baths
- Yes
- Waterfront
- No
- School District
- Manistee
Tax Info
- Tax ID #
- 51-350-702-13
- Taxable Value
- 164833
- SEV
- 183600
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 9991
- Tax Year
- 2025
- Spec Assessment & Type
- None
- Zoning
- C-3
- Homestead %
- 0
Remarks Misc
- Directions
- US-13 to River St. West to the corner of Maple and River.
Additional Details
- Ceiling Height
- 14
- Power/Voltage
- 400 Amp
More Information
Income and Expenses
- Annual Prop Ins ($)
- 4000
- Annual Utilities ($)
- 500
- Total Actual Rent
- 32400
Unit 1
- Unit Description
- Retal Tenant
- SqFt
- 3458
- Occupied
- Yes
- Rent $/Month
- 2700
- # HVAC
- 2
- # Baths
- Yes
- Tenant Pays Electric
- Yes
- Tenant Pays Gas
- Yes
Location & Property Info
- Cross Streets
- Maple
- Property Sub-Type
- Retail
- Municipality
- City of Manistee
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 87.93
- Prop Avail for Lease?
- No
Remarks & Misc
- Public Remarks
- 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!
- Legal
- Lengthy Legal on File. 51-350-702-13 plus 51-350-702-09
Water Type
- River
- Yes
Water Fea. Amenities
- View
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Property Use
- Investment
- Yes
- Net Leased (nnn)
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Bar/Tavern/Lounge
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Other
- Yes
Construction Type
- Concrete
- Yes
- Frame/Wood
- Yes
Exterior Material
- Brick
- Yes
- Stucco
- Yes
Roofing
- Rubber
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Below Grade
- Basement
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Real Estate
- Yes
Foundation
- Brick/Mortar
- Yes
- Stone
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Storm Sewer
- Yes
Tenant Pays All
- Electric
- Yes
- Gas
- Yes
Driveway
- Asphalt
- Yes
- Paved
- Yes
Docs Req Conf Agrmnt
- Leases
- Yes
Send to Econ Dev Org
- MEDC
- Yes
- SWMI First, Region 5
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Property Use: Investment; Net Leased (nnn) Water Type: River Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail; Other Ownership: LLC Business Includes: Real Estate Construction Type: Concrete; Frame/Wood Exterior Material: Brick; Stucco Roofing: Rubber Foundation: Brick/Mortar; Stone Below Grade: Basement Tenant Pays All: Electric; Gas Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt; Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs Req Conf Agrmnt: Leases Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Unit 1: Tenant Pays Electric; Tenant Pays Gas Possession: Close Of Escrow
Listing Office: Dwelling Realty - KW Northern Michigan
Listing Agent: Brandon Ball
Last Updated: July - 01 - 2026
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