Property Listing No Longer Available for Sale

384 First Street, Manistee, MI

Retail for Sale - $299,000 - 3,630 Sq. Ft. on 0.14 acres


Property Info

CIMLS#1087351
Location
  384 First Street
  Manistee MI 49660
UpdatedApril 8th, 2021
TypeRetail
Price$299,000
Building3,630 Sq. Ft.
Land0.14 acres

Property Description

Retail & 3 Rental Units in Downtown Manistee. This historic building is currently used as a Dr.'s Office. The upper levels of the buildings are apartments. A 1 Bedroom that has been recently updated, a 2 Bedroom with a Deck & a 3 Bedroom with beautiful woodwork & deck. Lower level has a front entry desk area, exam rooms, waiting room & retail space. There's many options that could be developed on this property. The lower level office area has 4 entries & access to both basements.Basements are clean& dry with new sanitary line to street. Upper levels all have month to month rentals. See attached for rental information. Due to Covid limited viewing opportunities. Office only available after 5:00 or by special arrangement on weekends. The limited parking is grandfathered in.

The parking is grandfathered in. There are only the 2 parking spots available. We have been in contact with the Library on a split to possibly add more parking. The cost of that has not been determined yet.

The Dr's office is locked in until June 2022 with a lease.

All other apartments are on month to month.

Rents are as follows

Office $1000/month lease until June,2022

1 Bedroom $300 -on site maintenance person

2 Bedroom $200/ been there almost 30 years no lease

3 Bedroom $550/no lease

Renters pay everything but water.


Financials



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