Mixed Use in Historic District Manistee

Office for Sale
Sale Pending
Catylist Listing ID: 30556331
Status: Pending
Building Size (RSF): 2,632 SF
Gross Building Area: See Agent
Sale Price: $139,000
Unit Price: $52.81 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2020

Overview / Comments

Great mixed use investment property in Historic Downtown Manistee. The main level features office space including 2 restrooms. The upstairs is a large 2 bedroom apartment with 2 full baths. The apartment features hardwood floors, a really cool walk-in pantry (it's an old bank vault), and really cool water/downtown views. This property is on the corner of River and Oak, across from the Elks and across Oak from Douglas Valley. This will be a great investment at this price. This property is being sold as-is. The water and gas are not turned on and will not be turned on prior to closing.

Additional Details

Nearest MSA: Ludington
County: Manistee
Tax ID/APN: 515134970501
Property Located Between: Oak and Pine
Property Visibility: Good
Site Description: Corner Lot
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1864
Year Renovated: 2004
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Parking Description: Street Parking
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Window Unit
Internet Access: Cable
Lot Frontage: 20
Lot Depth: 110
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,443 8,106 9,525
Median Age: 43.64 44.75 45.79
Households: 2,480 3,675 4,252

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