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$ 1,750,000
Est. payment /mo
Price Dropped by $50K
520 Water Street Manistee, MI 49660-1532
6,268 SqFt
UPDATED:
02/18/2025 06:12 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 6,268 sqft
Price per Sqft $279
Subdivision Mi
MLS Listing ID 70438774
Year Built 1950
Annual Tax Amount $27,450
Tax Year 2024
Lot Size 1.060 Acres
Acres 1.06
Lot Dimensions 350x115x350x148
Property Sub-Type Business
Property Description
Here is an opportunity to own a piece of history with the first Motel in Manistee built in 1950 on the Manistee River Channel. This amazing piece of property has approximately 350 feet of frontage on the Riverwalk and 16-30 ft boat slip marina all leading to Lake Michigan with room to expand to 24 slips. All 20 of the rooms have been tastefully updated and the living quarters is currently being renovated. (please see attached updates) This outstanding location is perfectly positioned between downtown Manistee and the shores of Lake Michigan, offering the best of both worlds. Whether enjoying the charm of the historic downtown area or the natural beauty of the lake, residents and visitors can easily access both within minutes.
Location
State MI
County Manistee
Area Manistee (51021)
Zoning Commercial
Interior
Heating Baseboard
Exterior
Roof Type Composite
Building
Water Public Water, Public Water at Street
Structure Type Brick,Concrete
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Dwelling Realty - KW Northern Michigan