Great service or retail location

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30148689
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 2,388 SF
Gross Building Area: See Agent
Gross Land Area: 0.11 Acres
Sale Price: $55,000
Unit Price: $23.03 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2018

Overview / Comments

Great retail/service business location in the City of Manistee; less than a block off of US31 and less than a half mile from the Manistee River Channel and River Street. This is a wonderful building with a long, local history located JUST OUTSIDE the Historic District so no need to get approvals! Two storefronts in one building, with large garage at the back for storage or deliveries. Original bar and antique Cabinet, wood floors in one side, two bathrooms and two storage rooms. Many improvements made, and most of the old equipment already removed for your convenience. So much potential for a retail/service business here! Own the building and run your own business or lease it! Call for an appointment to check it out!

Additional Details

Nearest MSA: Ludington
County: Manistee
Tax ID/APN: 515156870102
Zoning: C-3
Retail Clientele: General, Tourist
Property Located Between: US-31 and First Street
Property Visibility: Excellent
Largest Nearby Street: US-31
Feet of Frontage: 44
Highway Access: Less than 1 block from US-31
Airports: Less than 5 miles to Manistee Blacker Airport
Site Description: Access from the front and rear of the building. Building has had a recent facelift as well as a new roof.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1900
Roof Type: Flat
Construction/Siding: Wood Siding
Exterior Description: Front of the building has been recently given an overhaul and repainted as well as 1 new window installed.
Parking Description: There is street parking directly in front of the building as well as parking in the rear via an easement.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Internet Access: Cable, DSL
Interior Description: The interior has recently undergone an overhaul/facelift. It would need more updating for it to look new but most of the heavy lifting has been done.
Lot Frontage: 44
Lot Depth: 108
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Ingress/egress in rear for parking and garage.
Land Ownership: Owned
Legal Description: NICHOLSON&INGRAMS ADD PT LOT 1 BLK 1, LENGTHY

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,558 8,106 11,312
Median Age: 41.88 44.75 46.54
Households: 2,038 3,675 4,962

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