$3,200,000

86 Washington Street

Manistee MI, 49660

Description

This 21,000 SF multi-use, commercial building is located on a corner in the heart of downtown Manistee, and represents a fantastic investment opportunity. Steps from the riverfront, this fully-renovated, historical building is home to the highly successful North Channel Brewing Company on the main level, which is operating on a long-term personally guaranteed lease. Ten, loft-style apartments with additional grey box space make up the second and third levels. The 7,800 SF main level contains the brewing facilities and lab, restaurant/bar area with outside seating, office, freezer/cooler and storage space. The second floor accommodates five apartments totaling 5,000 SF along with a 3,000 SF grey box area, and the 5,000 SF third floor contains five additional apartments.

Details

MLS#19002267
StyleRetail
Sub-TypeResale
StatusActive
Year1910
Days On Site268

Features

SQ Feet21,000
Story(s)1
ZoningCentral Busines

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Area Information

StateMI
CountyManistee
CityManistee
Zip Code49660
AreaMasonOceanaManistee - O
Listing VS Median (in 49660)
Price:
$3,200,000
low | high
Med:
$134,950
100% of Average
SqFt:
21,000
low | high
Med:
1,004
100% of Average
$ / SqFt:
$152
low | high
Med:
$134
61.790625% of Average
On Site:
268
low | high
Med:
90
100% of Average
Listing Updated: 10/12/2019
MLS Number: 19002267
Listing Provided By:
John D Groothuis  of  Capstone Real Estate LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.