MI > Manistee
Manistee, MI 49660,215 & 217 Arthur St
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Manistee, MI 49660,215 & 217 Arthur St
Manistee, MI 49660,215 & 217 Arthur St
Manistee, MI 49660,215 & 217 Arthur St
Manistee, MI 49660,215 & 217 Arthur St
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Charles Laird

Charles Laird

+1(248) 431-0544
$ 985,000
Est. payment /mo
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Active

215 & 217 Arthur St Manistee, MI 49660

9 Baths

9,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 9,000 sqft

Price per Sqft $109

MLS Listing ID 67025040815

Year Built 1995

Lot Size 1 Sqft

Property Sub-Type BusinessandRealEstate

Property Description

Water frontage and Highway frontage - Little Riverside Motel & Marina plus a restaurant. Don't miss this opportunity!! This premier commercial property offers a unique blend of income-generating potential and development opportunity. Currently configured with long-term rental units, the complex provides a steady and strong income stream. Can be used as nightly and weekly rental also. The property features approximately 130 feet of frontage along Manistee Lake, complete with 8 boat slips, offering exceptional recreational appeal and access to fishing and boating via Lake Michigan through the Manistee River Channel.Situated on the high-traffic US-31 corridor, the property benefits from excellent visibility and market exposure. Complementing this is a commercial restaurantbuilding 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.
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

State MI

County Manistee

Area Area51092Manistee

Rooms

Basement CommonStorageLocker

Interior

Heating ForcedAir, NaturalGas

Cooling CentralAir

Exterior

Parking Features Concrete

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable

Waterfront Description AllSportsLake, DockFacilities, LakeFront, PrivateWaterFrontage, WaterAccessRights

View Y/N Yes

View Water

Roof Type Composition

Building

Foundation Basement

Sewer PublicSewer

Water Public

Schools

School District Manistee

Others

Ownership LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Debby Stevenson of Greenridge Realty S Rath
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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