Manistee, MI 49660,375 River Street

$700,000

$795,000

11.9%
Est.Price: ?

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Est. payment /mo

24,430 SqFt


SOLD DATE : 01/17/2023

Key Details

Sold Price $700,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 24,430 sqft

Price per Sqft $28

MLS Listing ID 67022040481

Sold Date 01/17/23

Originating Board Mason Oceana Manistee Board of REALTORS®

Year Built 1930

Annual Tax Amount $22,200

Lot Size 0.600 Acres

Acres 0.6

Lot Dimensions 270 x 93 x 80 x irr x 220 x107

Property Description

Phenomenal building in the center of downtown Manistee, this historic building has gone through multiple renovations and is currently used as the PNC Bank on a portion of the first floor with a lease payment of $8240 per month. The additional first floor is currently a sandwich shop. The second and third floors are just oozing with character and is awaiting a creative developer to either use as offices, event center or convert to residential use, multiple apartments or even condo's. The property includes a private parking lot which can accommodate 20 vehicles which adds significant value to the property. The building is serviced by a well maintained elevator and also has many entrances including the front, back and side.

Location

State MI

County Manistee

Area Manistee

Direction From US-31 in Manistee, take River Street west

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Pool No

Building

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

Water 3rd Party Unknown, Public (Municipal), Water at Street

Structure Type Block/Concrete/Masonry

Schools

School District Manistee

Others

Tax ID 5145370201

Acceptable Financing Cash, Conventional, Lease

Listing Terms Cash, Conventional, Lease

Financing Cash,Conventional,Lease

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Realcomp MLS
Listed by RE/MAX Bayshore Manistee
Bought with Dwelling Realty - KW Northern Michigan
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