x
Water Views
Address
86 Washington Street Manistee, MI
Price
$ 3,200,000
Property Attributes
  • MLS#19002267
  • TypeCommercial
  • CountyMANISTEE
  • CityManistee
  • AreaCity of Manistee
  • NeighborhoodCity of Manistee
  • Zip49660
  • StyleRetail/Commercial
  • Year Built1910
  • Taxes1
  • Price$ 3,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21000
  • Lot Size0.64 Acres
Listing Provided Courtesy Of:
John D Groothuis at Capstone Real Estate LLC - (616) 847-1031
Property Description

This 21,000 SF multi-use, commercial building is located on a corner in the heart of downtown Manistee, and represents a fantastic investment opportunity. Steps from the riverfront, this fully-renovated, historical building is home to the highly successful North Channel Brewing Company on the main level, which is operating on a long-term personally guaranteed lease. Ten, loft-style apartments with additional grey box space make up the second and third levels. The 7,800 SF main level contains the brewing facilities and lab, restaurant/bar area with outside seating, office, freezer/cooler and storage space. The second floor accommodates five apartments totaling 5,000 SF along with a 3,000 SF grey box area, and the 5,000 SF third floor contains five additional apartments.

Price History
1/17/2019 Listed $3,200,000

General Features

Additional Features Barrier Free, Fire Sprinkler, Multi User Facility, Security System
Business Includes Non-Applicable
Current Bldg Use Brewery/Restaurant and Loft-style Apartments
Homestead % 0.00
Municipality City of Manistee
New Construction No
School District Manistee
Sub-area O80 - Manistee Brown Filer Stronach
Uses Bar/Tavern/Lounge, Other, Restaurant
Water Type River
Waterfront No
Zoning Central Busines

Interior Features

Air Conditioning Central
Heat Source Electric, Natural Gas
Heating Forced Air

Exterior Features

Construction Type Frame/Wood
Driveway Shared Paved
Exterior Brick/Stone
Road Frontage 212.00
Roof Rubber
Sewer Public
Total # Bldgs 1.00
Water Public
Water Access Y/N Yes
Water Features All Sports, Channel, Public Access 1 Mile or Less, View

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 49660

Price
AVG $350K
$3.2M
Visits
AVG 9
5
Year Built
AVG 1935
1910
Walkscore
AVG 54
82
Data Provided by Walkscore ® not using MLS data

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.