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31865284
31865303

87 Division Street, Manistee, MI 49660 For Sale

Coldwell Banker Commercial Schmidt, Realtors Traverse City
Listed by Coldwell Banker Commercial Schmidt, Realtors Traverse City
$500,000
85 days on market
Updated 37 days ago
Opportunity zone

87 Division Street

Details
Property Type Retail
Sub Type Storefront
Square Footage 17,274
Year Built 1920

Retail | 17,274 SqFt

Marketing description

US 31 to property on the Southwest corner of Cypress St (US 31) and Clay St Positioned in the heart of Downtown Manistee, this unique offering includes three interconnected commercial buildings spanning half a city block, with frontage on Cypress Street (US-31), Division Street, and Clay Street. Formerly home to a long-standing hardware store, the property features approximately 17,000 square feet of retail space, complemented by two additional buildings that provide flexibility for a wide range of uses. With its prominent location along a primary corridor and strong visibility, the property is ideally suited for redevelopment, adaptive reuse, or a multi-tenant investment concept. The surrounding area is a vibrant mix of local shops, restaurants, and essential services, drawing consistent traffic from year-round residents, seasonal visitors, and Northern Michigan vacationers. An upper-level approximately 1,500 square foot three-bedroom apartment offers additional potential for residential income or owner occupancy, with a spacious layout and private covered deck, ready for renovation and customization. Just minutes from Lake Michigan beaches, the marina, and the Riverwalk, this property presents a rare opportunity to reimagine a significant footprint in one of Northern Michigan's most charming and active downtowns.
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Listing Contacts

Coldwell Banker Commercial Schmidt, Realtors Traverse City
Listed by Coldwell Banker Commercial Schmidt, Realtors Traverse City

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