457 River Street $355,000

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    457 River Street Manistee, MI 49660

    Sold
    SOLD 3/3/2023

    $355,000

    Market Estimate
    • 4,200 sq. ft.
    • 0.19 Acres
    • Commercial
    • MLS# 70274535
    457 River Street, Manistee, MI 49660
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    Listing provided courtesy of: Essential Real Estate - manisteerealestate@gmail.com
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    Property Details

    PERFECT investment location in downtown Manistee, across the street from the City Marina, the Manistee Riverwalk, a new restaurant and a new condo development, at the west end of River St. 4200 sq ft of restaurant &/or office space, including an updated commercial kit (in 2012), 2 restrms, 2 entrances. Current home of the local favorite, ''Downtown Delights'' (a Successful Ice-Cream & Sandwich shop), and a lease tenant, a local Photography Studio $800/monthly. Right in the heart of all the action here! The building offers a walk-in cooler, a walk-in freezer, a commercial-grade stove and addt'l equipment; all in excellent condition. CENTRAL AIR, hi-speed internet; city sewer, city water and natural gas make the options here endless. Possibly a roof-top bar. Business and Equipment included

    • General Features
      • Acreage 0.19
      • Area Municipality UPDATE
      • Body of Water Manistee River
      • County Manistee
      • Originating MLS Mason Oceana Manistee Board of R
      • Ownership LLC
      • Total SqFt Finished 4200
      • Waterfront Y/N No
      • Year Built 1950
      • ZONING Commercial
    • Building Features
      • Exterior Construction Block, Concrete, Frame, Other, Wood
      • Foundation Type Basement
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Rubber
    • Property Features
      • Water Public Water
      • Water Features River Frontage, Water View
      • PARKING 6-10 Spaces
      • Lot Size 128 x 55 x 125 x 88
      • Roads City/County, Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    49660 (Manistee) Demographics

    50 Median Age
    73 Population Density (per sq. mile)
    33% College Educated
    $52,655 Estimated Median Income
    4,573 Estimated Total Home Owners
    1,057 Estimated Total Renters
    81% / 19% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    14,295 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $265,000 Median Sales Price
    35 Homes Sold
    27 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        3/3/2023 3:00:00 AM Sold Source: Multiple Listing Service New Value: $355,000
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.