50
See all 50 photos
$242,500
Est. payment /mo
0.38 Acres Lot
Price Dropped by $2K
214 Arthur Street Manistee, MI 49660-1106
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70473992
Year Built 1940
Annual Tax Amount $5,578
Tax Year 2025
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 91' X 325'
Property Sub-Type Multi-Family
Property Description
High-Visibility Investment Opportunity! This 1,944 sq. ft. versatile triplex in Manistee's North Business District features a storefront currently leased to the successful ''Best in Show'' pet grooming business (negotiable with sale), plus two updated residential units--one studio and one 1-bedroom--each rented at $850/month for a total of $2,550 in gross monthly rental income. Property includes a fenced side yard, washer/dryer, deep parcel with paved rear parking, and strong vacation rental potential near Lake Michigan and public boat launch. Cannabis license eligible as property is 1 of few located in the ''Marihuana Sales Overlay''. Prime commercial/residential mix--schedule your showing today!
Location
State MI
County Manistee
Area Manistee (51021)
Zoning Commercial
Interior
Heating Radiant
Building
Foundation Crawl, Slab
Schools
School District Manistee Area Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Essential Real Estate