520 Water Street, Manistee 49660

$950,000

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MLS#: 16028677
• For Sale
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248-304-6700

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Prime location with outstanding views of the Manistee River Channel. Approximately 350 feet of frontage on the Riverwalk and only 3/4 of a mile From Lake Michigan. Current use is a 6,268 square foot 20 unit motel, outdoor in-ground pool, 24 slip marina, all on just over an acre. Motel has 26 parking spaces. Perfect location for a development that could provide walking to all amenities and could also incorporate the river access. The motel has a new water heater along with a brand new water main. Newer tv's in most of the units. 3 different types of units are available: 2 bedroom walkout river suites, Double walkout river rooms, and Singles. Property has good income as it sits but is a beautiful spot ripe for development.

Property Information    

Status
Active 
Address
520 Water Street 
City
Manistee 
Zip
49660 
Year Built
1950 
County
Manistee 
Above Grade SqFt
6,268 
Price/SqFt
151.56 

School Information

School District
Manistee 

Taxes

Features

Current Use
Motel & Marina. Hospitality 
Zoning
C-2 Neighborhoo 
Sub Property Type
Retail/ Commercial 
Cooling
Wall Unit, Window Unit 
Heating
Hot Water, Natural Gas 

Listing Video for 520 Water Street, Manistee MI 49660

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Listing Courtesy of Dwelling Realty
Office Address 336 River St
Listing Agent Brandon Ball