$242,500
Manistee, MI 49660
MLS# 26000459

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Property Description
High-visibility mixed-use triplex located in Manistee's North Business District, offering a strong blend of commercial exposure and residential income. This 1,944 sq. ft. property features a street-level commercial storefront currently leased to the well-established ''Best in Show'' pet grooming business at $900 per month, with the lease negotiable upon sale. The middle and rear residential units include a studio apartment rented at $875 per month and a one-bedroom apartment rented at $825 per month, with all units currently occupied and a solid rental history. The deep parcel includes paved rear parking, a fenced side yard, on-site washer and dryer, and separate residential entrances. Conveniently located near Lake Michigan, the public boat launch, and downtown Manistee, with excellent visibility and accessibility. The property is located within the Marihuana Sales Overlay, making it one of the limited properties eligible for cannabis-related licensing, buyer to verify.
Details
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Documents
Location Property Info
County: Manistee
Street #: 214
Street Name: Arthur
Suffix: Street
State: MI
Zip Code: 49660
Zip (4): 1106
OfficeContract Info
Status: Active
Current Price: $242,500
List Price: $242,500
Listing Date: 2026-01-05
General Property Info
Lot Measurement: Acres
Lot Square Footage: 16380
Lot Acres: 0.38
Lot Dimensions: 91' X 325'
Year Built: 1940
New Construction: No
Road Frontage: 110
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 2112
Total Parking Spaces: 12
Waterfront: No
Body of Water: Manistee Lake
Statewide Lakes & Rivers: Manistee Lake
School District: Manistee
Tax Info
Tax ID #: 51-51-174-708-05
Taxable Value: 90624
SEV: 95000
For Tax Year: 2025
Seller's Annual Property Tax: 5670
Tax Year: 2025
Spec Assessment & Ty: None Known
Zoning: Commercial
Access Feat
Accessibility Features: Yes
Unit 1
Unit #: 1
Unit Description: Commercial
SqFt: 924
Occupied: Yes
Monthly Rent: 900
Bathrooms: 1
Half Baths: 1
Unit 2
Unit #: 2
Unit Description: Middle Studio
SqFt: 520
Occupied: No
Monthly Rent: 875
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Rear 1 Bedroom
SqFt: 500
Occupied: Yes
Monthly Rent: 825
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Water Type: Lake
Accessibility Feat: No Step Entrance
Exterior Material: Block
Roofing: Rubber
Substructure: Crawl Space; Partial; Slab
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet
Owner Pays: Electricity; Gas; Sewer; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Radiant
Driveway: Asphalt
Street Type: Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 2: Range/Oven; Refrigerator; Washer/Dryer
Unit 3: Range/Oven; Refrigerator
Listing Office: Essential Real Estate
Listing Agent: Therran Ferguson
Last Updated: February - 10 - 2026
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