$525,000
Manistee, MI 49660
MLS# 25005153
Status: Active Contingent
9600 sqft
1 / 44
Property Description
City of Manistee is growing & developing daily with new Retail stores, restaurants & Mom & Pop businesses. This property would be a great way to get into the Manistee Community with a no stress investment. Both renters have over 2 years left on their leases & want to continue in their spaces. This well maintained commercial building offers a great location with ease of ownership due to great lease formats. The building is actually 2 buildings connected. The back building is storage & loading docks. Both renters pay own electric & share the gas. Both retail spaces have their own bathrooms, utility & break rooms. The loading docks are in the rear of the building off a large parking area. Maintenance on the building is minimal as it has been well maintained. Showings during Retail hours
Details
Maps
Documents
Location Property Info
County: Manistee
Street #: 84
Street Name: Division
Suffix: Street
State: MI
Zip Code: 49660
OfficeContract Info
Status: Active Contingent
Current Price: $525,000
List Price: $525,000
Listing Date: 2025-02-10
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.41
Lot Square Footage: 17916
Lot Dimensions: 185.33 x 96.67
Year Built: 1991
Road Frontage: 185.33
Mineral Rights: Unknown
Total # Units: 2
# Fin Bldg Lvls: 1
Total # Bldgs: 2
Total SqFt: 9600
Property Use Type: Business
Full Baths: 2
Waterfront: No
School District: Manistee
Tax Info
Tax ID #: 51- 51-448-723-01
Taxable Value: 166049
SEV: 201500
For Tax Year: 2024
Seller's Annual Property Tax: 10000
Tax Year: 2024
Spec Assessment & Type: None Known
Remarks Misc
Directions: U.S. 31 in Manistee to 1st St. Turn West on 1st then a quick right onto Division. Building is on the left.
Additional Details
# Loading Docks/Well: 3
Total Parking Spaces: 2
Income and Expenses
Annual Prop Ins ($): 17000
Annual Utilities ($): 3200
Property Features
Property Use: Business
Uses: Professional Service; Retail
Ownership: Corporation
Business Includes: Real Estate
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Roofing: Composition
Foundation: Slab
Below Grade: None
Additional Features: Barrier Free
Tenant Pays All: Electric
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Docs Req Conf Agrmnt: Financials; Leases
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Possession: Subject To Tenant Rights
Aerial 
Property Sketch 
Listing Office: CENTURY 21 Northland
Listing Agent: Virginia Pelton
Last Updated: February - 02 - 2026
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