214 Arthur Street, Manistee, MI 49660 (MLS # 25027336)
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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!
| DAYS ON MARKET | 23 | LAST UPDATED | 6/17/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | MasonOceanaManistee - O |
| COUNTY | Manistee | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Manistee |
|---|
| PRICE HISTORY | |
| Prior to Jun 17, '25 | $245,000 |
|---|---|
| Jun 17, '25 - Today | $242,500 |
| ADDITIONAL DETAILS | |
| AREA | MasonOceanaManistee - O |
|---|---|
| BASEMENT | Crawl Space, Partial, Yes |
| CONSTRUCTION | Block |
| HEAT | Natural Gas, Radiant |
| LOT | 0.38 acre(s) |
| LOT DIMENSIONS | 91' X 325' |
| PARKING | Asphalt, Driveway |
| SEWER | Public Sewer |
| TAXES | 5578 |
| UTILITIES | Natural Gas Available, Natural Gas Connected, Electricity Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATER ACCESS | Manistee Lake |
| WATERFRONT DESCRIPTION | Lake |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Essential Real Estate, Therran Ferguson
Copyright 2025 MichRIC, LLC. All rights reserved.
Updated 7/1/25 12:31 PM PDT
Information Deemed Reliable But Not Guaranteed.
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