87 Division Street, Manistee, MI

$500,000

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17,274

Square feet

0.51

Acres

About 87 Division Street

Positioned in the heart of Downtown Manistee, this unique offering includes three interconnected commercial buildings spanning half a city block, with frontage on Cypress Street (US-31), Division Street, and Clay Street. Formerly home to a long-standing hardware store, the property features approximately 17,000 square feet of retail space, complemented by two additional buildings that provide flexibility for a wide range of uses. With its prominent location along a primary corridor and strong visibility, the property is ideally suited for redevelopment, adaptive reuse, or a multi-tenant investment concept. The surrounding area is a vibrant mix of local shops, restaurants, and essential services, drawing consistent traffic from year-round residents, seasonal visitors, and Northern Michigan vacationers. An upper-level approximately 1,500 square foot three-bedroom apartment offers additional potential for residential income or owner occupancy, with a spacious layout and private covered deck, ready for renovation and customization. Just minutes from Lake Michigan beaches, the marina, and the Riverwalk, this property presents a rare opportunity to reimagine a significant footprint in one of Northern Michigan’s most charming and active downtowns.

Features of 87 Division Street

MLS® # 1944148
Price $500,000
Square Footage 17,274
Acres 0.51
Year Built 1920
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 87 Division Street
Subdivision none
City Manistee
County Manistee
State MI
Zip Code 49660

Amenities

Parking Parking Lot, On Street
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Has Basement Yes
Basement Partial
Fireplace No

Exterior

Lot Description Corner Lot
Roof Asphalt, Metal/Steel, Membrane
Construction Frame, Wood Siding, Brick, Block

Additional Information

Days on Market 3
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeColdwell Banker Schmidt Traverse City

Listing Map

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