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254 River Street, Manistee, MI 49660

$899,000
Commercial 72,000 Square Feet Taxes: $10,675.00 Built in 1907 Type: Retail/ Commercial Listed on 08/11/2017 MLS # 17040622

Description of 254 River Street, Manistee, MI 49660

Originally built as The Manistee Iron Works and opened in 1907, construction is steel, concrete and brick. The main building is 260 feet long and 120 feet wide and roughly 76 feet high and is entirely open, vaulted space. Current use is primarily warehouse/product storage for local industry, The southwest corner of the building houses the Iron Works Cafe. The main building has a rail siding and a large overhead door. The attached rear warehouse includes overhead cranes and several large overhead doors. The 6.43 acres of property is located at the east end of Manistee's Historic Downtown commercial district in the ''Peninsula District'' and has 400+ feet of deep water Manistee River channel with direct Lake Michigan access. Development potential is nearly limitless. Zoning in this location and the size and scope of the building and property allow for a wide range of mixed multiple uses. Housing/condo, retail and other commercial, entertainment, restaurants, nightclub...there's room and potential for it all! Imagination is the only limitation...

Directions to 254 River Street, Manistee, MI 49660

US-31 to River St. East 1 block - Building is on the left (north) side.

Features of 254 River Street, Manistee, MI 49660

  • School district: Manistee
  • Central air
  • Forced air heat
  • Heat pump
  • Natural gas heat
  • Brick exterior
  • Wood exterior
  • Stone exterior
  • Lot acreage is: 6.4300
  • Lot dimension is: 400x615
  • Waterfront lot
  • Waterfrontage: 400.00
  • Lot zoned: Industrial
  • Road frontage: 400.00
  • Cable television available
  • Rubber roof
  • Composition roof
  • Paved driveway
  • Unpaved driveway
  • Public sewer
  • Public water
  • Natural gas
  • Tax year: 2016

Courtesy of: Coldwell Banker Commercial Premier LLC Duane C Jones

Mortgage Payments for 254 River Street, Manistee, MI 49660

The approximate monthly Principal & Interest payment for this property would be $4,650. This payment is based on a 30-year loan at a fixed rate of 3.78 % with a down payment of $89,900. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

Homes for Sale Nearby 254 River Street, Manistee, MI 49660

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Recent Sales Nearby 254 River Street, Manistee, MI 49660

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Copyright 2017 MichRIC, LLC All rights reserved.
Data Last Updated 9/24/2017