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86 Washington Street $3,200,000

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86 Washington Street Manistee, MI 49660

  • 21,000 sq. ft.
  • 0.64 Acres
  • Commercial-Industrial
  • MLS# 19002267
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Views: 1217 Days On Market: 616

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Property Details

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.

  • General Features
    • Area MasonOceanaManistee - O
    • Property Sub Type Retail/Commercial
    • Business Includes Non-Applicable
    • SubArea 80
    • Uses Other
    • Municipality City of Manistee
    • New Construction No
    • Ownership LLC
    • Construction Type Frame/Wood
    • County Manistee
    • Year Built 1910
    • Annual Property Tax 40062.00
    • Tax Year 2019
  • Building Features
    • Additional Features Barrier Free, Fire Sprinkler, Multi User Facility, Security System
    • Air Conditioning Central
    • Additional Details: Passenger Elevators 1
    • Water Fea Amenities All Sports, Channel, View
    • Total SqFt 21000.00
    • Total Bldg SqFt Gro 21000.00
    • Total Number Bldgs 1.00
    • Below Grade None
    • Driveway Shared Paved
    • Exterior Material Brick/Stone
    • Heat Source Electric, Natural Gas
    • Heat Type Forced Air
    • Number Fin Bldg Levels 3.00
    • Roofing Rubber
    • Current Bldg Use Brewery/Restaurant and Loft-style Apartments
  • Property Features
    • Waterfront Y/N No
    • Water Access Y/N Yes
    • Water Type River
    • Water Public
    • Utilities Attached Cable, Electric, Natural Gas, Telephone
    • Street Type Paved,Public
    • Util Avail at St Cable,Electric,Natural Gas,Public Sewer,Public Water,Telephone
    • Road Frontage 212.00
    • Sewer Public
    • Lot Square Footage 27878.00
    • Lot Measurement Acres
    • Lot Dimensions 212x137 irregular parcels
    • Lot Acres 0.64
  • Schools
    • School District Manistee

Contact

Randall Zakrajsek

Randall Zakrajsek

Your Agent

RE/MAX Bayshore

Direct: 231-233-5023

Neighborhood

49660 (Manistee) Demographics

47 Median Age
76 Population Density (per sq. mile)
33% College Educated
$43,207 Estimated Median Income
4,366 Estimated Total Home Owners
1,283 Estimated Total Renters
77% / 23% Estimated Owner / Renter Divide
2 Estimated Average Household Size
14,166 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$184,000 Median Sales Price
43 Homes Sold
43 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $3,200,000
      1/17/2019 2:37:00 PM New in Database Source New Value: $3,200,000

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      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.