Mark WentlandBig Rapids Realty & Reed City Realty, ABR, ABRM Associate Broker

231-598-4871

215 & 217 Arthur St, Manistee, MI 49660

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$985,000
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  • Bedrooms  
  • Bathrooms 9
  • SQ. FT.  
  • Schools Manistee
  • County Manistee
  • Township City of Manistee
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms 9 (F)
  • Basement  
  • Garage  
  • Acreage 1.4
  • Heat Type Forced Air
  • Central Air Central Air
  • Year Built 1995
  • Style  
  • Exterior  
  • Taxes  
  • SEV 528000
  • Zoning  
  • Parcel Multiple
  • Lot Size 262 x 138 x irr

Features

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.
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.

Listing Courtesy of Debby Stevenson - Greenridge Realty S Rath

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