520 Water Street $1,800,000

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    520 Water Street Manistee, MI 49660

    • 6,268 sq. ft.
    • 1.06 Acres
    • Commercial
    • MLS# 70438774
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    Views: 9 Days On Site: 27

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    Property Details

    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.

    • General Features
      • Acreage 1.06
      • Area Municipality Manistee (51021)
      • Body of Water Manistee River
      • County Manistee
      • Originating MLS Mason Oceana Manistee Board of REALTORS
      • Ownership LLC
      • Total SqFt Finished 6268
      • Waterfront Y/N Yes
      • Year Built 1950
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick, Concrete
      • Heating System Baseboard
      • FUEL TYPE Natural Gas
      • Roofing Composite
    • Property Features
      • Water Public Water, Public Water at Street
      • Water Features Dock/Pier Facility, River Frontage, Water View, All Sports Lake
      • Lot Size 350x115x350x148
      • Roads City/County, Paved Street
      • Sewer Septic Public Sanitary, Public At Street, Storm

    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

    $270,000 Median Sales Price
    41 Homes Sold
    39 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,800,000
        10/25/2024 2:40:00 PM New in Database Source: Multiple Listing Service New Value: $1,800,000

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        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.