$985,000

215 & 217 Arthur St, Manistee, MI 49660

215 & 217 Arthur St, Manistee, MI 49660
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Request Info/Showing
215 & 217 Arthur St, Manistee, MI 49660
MLS# 25040815 – $985,000
9.00 Baths 

Building Area Total: 9,000 sqft

Lot Size (Acres): 1.40

Property Overview
  • Property Type: Commercial Sale
  • Property SubType: Business
  • Business Type: Other, Restaurant
  • Zoning: Waterfront Dist
  • Year Built: 1995
  • Stories Total: 2
Building & Site Details
  • Building Area (Total): 9000.0
  • Lot Size (Acres): 1.40
  • Lot Size (Sq Ft): 60984.0
  • Lot Size Dimensions: 262 x 138 x irr
  • Construction Materials: Vinyl Siding
  • Roof: Composition
Utilities & Systems
  • Heating: Forced Air
  • Heating Y/N: Yes
  • Cooling: Central Air
  • Cooling Y/N: Yes
  • Utilities: Phone Available, Natural Gas Connected, Electricity Connected, Cable Connected
Location & Land Characteristics
  • Street Address: 215 & 217 Arthur St, Manistee, MI 49660
  • City: Manistee
  • State: MI
  • Postal Code: 49660
  • County: Manistee
  • Township: City of Manistee
  • Parcel Number: Multiple
  • Road Surface Type: Paved
  • Waterfront Y/N: 1
  • Waterfront Features: Lake
Financial Information
  • List Price: 985000.00
  • Tax Annual Amount: 21796.55
  • Tax Year: 2025
Listing Status & Dates
  • MLS Status: Active
  • Standard Status: Active
  • Approval Status: 1
  • On Market Date: 2025-08-13 00:00:00
  • Days on Market: 200
  • Status Change Date: 2025-08-12 00:00:00
Listing Metadata
  • MLS Area Major: MasonOceanaManistee - O
  • MLS Area Minor: MasonOceanaManistee - O
  • Photos Count: 45
  • Documents Count: 14
  • Internet Display Allowed: 1

Remarks

Water frontage and Highway frontage - Little Riverside Motel & Marina plus a restaurant. Don't miss this opportunity!! This premier commercial property offers a unique blend of income-generating potential and development opportunity. Currently configured with long-term rental units, the complex provides a steady and strong income stream. Can be used as nightly and weekly rental also. The property features approximately 130 feet of frontage along Manistee Lake, complete with 8 boat slips, offering exceptional recreational appeal and access to fishing and boating via Lake Michigan through the Manistee River Channel.
Situated on the high-traffic US-31 corridor, the property benefits from excellent visibility and market exposure. Complementing this is a commercial restaurant building equipped with kitchen equipment, walk in coolers and plenty seating that has been recently leased to a new business set to open in September 2025, creating additional cash flow.
The site offers significant flexibility for future development, including condo resales, a vacation lakefront resort, or other innovative uses. The 8 units are individually deeded condominiums, each with separate tax ID numbers, presenting a potential opportunity for a new investor to sell them independently.
With ongoing growth and transformation in Manistee, this property stands out as a highly desirable opportunity for investors seeking a versatile asset with both immediate income and long-term development potential in a prime lakeside location.


Property Documents


Floor Plans
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All information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than Big River Properties are marked with the BR logo and detailed information about them includes the name of the listing broker. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

Listing Provided Courtesy of Debby Stevenson - Greenridge Realty S Rath -

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Database last updated: Wednesday June 03, 2026 07:00 pm.