214 Arthur Street Active

Manistee,MI 49660

$ 235000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Manistee

MLS Listing ID 25027336

Year Built 1940

Annual Tax Amount $5,578

Tax Year 2025

Lot Size 0.376 Acres

Acres 0.38

Lot Dimensions 91' X 325'

Property Sub-Type 2 to 4 Units

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 Masonoceanamanistee - O

Direction US-31/Arthur Street

Body of Water Manistee Lake

Rooms

Basement Crawl Space,Partial,Slab

Interior

Heating Radiant

Fireplaces Number 2112

Exterior

Parking Features Asphalt,Driveway

Utilities Available Natural Gas Connected,Electricity Connected

Waterfront Description Lake

View Y/N No

Roof Type Rubber

Handicap Access No Step Entrance

Total Parking Spaces 12

Building

Structure Type Block

New Construction No

Schools

School District Manistee

Others

Tax ID 51-51-174-708-05

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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