Homes for sale - 520 Water Street, Manistee, MI 49660

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Russ Ragone

russ@russknows.com +1(248) 506-1196

$ 1,800,000

Est. payment | -/mo

6,268 SqFt

Save

$ 1,800,000

Est. payment | -/mo

Save

6,268 SqFt

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 6,268 sqft

Price per Sqft $287

MLS Listing ID 67024056329

Originating Board Mason Oceana Manistee Board of REALTORS®

Year Built 1950

Annual Tax Amount $27,450

Lot Size 1.060 Acres

Acres 1.06

Lot Dimensions 350x115x350x148

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

Zoning Other

Direction US-31 to downtown Manistee. West on River Street to Water Street. Located on the north side of Water Street.

Interior

Heating Baseboard, Central Air

Heat Source Natural Gas

Exterior

Waterfront Description No Motor Lake,River Front,Lake/River Priv

Roof Type Composition

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal), Water at Street

Structure Type Brick,Block/Concrete/Masonry

Schools

School District Manistee

Others

Tax ID 5136570201

Ownership Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2024

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

Listed by Jermaine Elizabeth Sullivan of Dwelling Realty - KW Northern Michigan

+1(248) 506-1196

russ@russknows.com

30500 Northwestern Hwy., Suite 300;, Hills, MI, 48334, United States

520 Water Street Manistee, MI 49660