215217, Arthur St, Manistee, MI, 49660
$985,000
- 9 baths
Basics
- Date added: Added 17 hours ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 9
- Lot size: 1.4 sq ft
- Year built: 1995
- Bathrooms Full: 9
- Lot Size Acres: 1.4 acres
- Business Type: Other, Restaurant
- County: Manistee
- MLS ID: 25040815
Description
-
Description:
building equipped with kitchen equipment, walk in coolers and plenty seating that has been recently leased to a new business set to open in September 2025, creating additional cash flow.
Show all description
The site offers significant flexibility for future development, including condo resales, a vacation lakefront resort, or other innovative uses. The 8 units are individually deeded condominiums, each with separate tax ID numbers, presenting a potential opportunity for a new investor to sell them independently.
With ongoing growth and transformation in Manistee, this property stands out as a highly desirable opportunity for investors seeking a versatile asset with both immediate income and long-term development potential in a prime lakeside location.
Location
Building Details
- Building Area Total: 9000 sq ft
- Number Of Units Total: 9
- Construction Materials: Vinyl Siding
- Heating: Forced Air
- StoriesTotal: 2
- Roof: Composition
- Number Of Buildings: 2
Amenities & Features
- Inclusions: Real Estate, Furniture, Equipment
- Utilities: Phone Available, Natural Gas Connected, Electricity Connected, Cable Connected
- Waterfront Features: Lake
- Interior Features: Broadband
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $349,000
- Tax Year: 2025
- Tax Annual Amount: $15,000
School Information
- High School District: Manistee
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Lakeshore Rd
- Listing Terms: Conventional, Cash
- Tenant Pays: Electric, Gas
Ask an Agent About This Home
This Business style property is located in is currently Commercial Sale and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $985,000. It has bedrooms, 9 baths bathrooms, and is . The property was built in 1995 year.