113 - 115 Cypress (US-31) Street Manistee, MI 49660

Closed

SOLD 1/13/2022

$900,000

Market Estimate

17,300 sq. ft.
1.54 Acres
Commercial
MLS# 21003061

113 - 115 Cypress (US-31) Street, Manistee, MI 49660

Listing provided courtesy of: CENTURY 21 Northland

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Property Details

Description

Great opportunity to own a 17,300 sq ft commercial building in the heart of Manistee, blocks from downtown. US-31 frontage! 2 separate addresses, 2 separate tax ID#s, and at least 2 business possibilities. One side is currently leased to China Buffet and the Family Video side is now vacant. 80 parking spaces on three sides of this bldg. 2 main roads access this location, offering an ideal DRIVE-THRU OPTION to BOTH bldgs. 10,340 vacant space available on N side of bldg w/3 BA; 6,960 is currently leased by China Buffet. 1.54 acres total! 8-yr-old rubber roof on China Buffet; 2-yr-old roof on Family Video. Parking lot was repaired and re-striped in 2019 and the exterior of the bldg was painted in 2019 (except front of bldg). Lighted parking lot in front. Next to A&W and across from Pizzeria.

General Features
- Year Built 1959
- New Construction Y/N false
- Business Type Auto Service,Professional/Office,Professional Service,Restaurant,Distribution,Bar/Tavern/Lounge,Storage,Retail,Recreation,Manufacturing
- County Or Parish Manistee
- Property Sub Type Retail
- Tax Annual Amount 25859.0
Building Features
- Construction Materials Block
- Building Area Total 17300.0
- Roof Rubber
- Number Of Units Total 3
- Heating Y/N true
- Heating Forced Air
- Full Bathrooms 3
- Bathrooms 3
- Parking Total 80.0
Property Features
- Lot Size Acres 1.54
- Lot Size Area 1.54
- Number Of Buildings 1
- Utilities Cable Connected, Telephone, Broadband
- Water Source Public
Schools
- High School District Manistee

Neighborhood

49660 (Manistee) Demographics

50 Median Age

73 Population Density (per sq. mile)

33% College Educated

$52,655 Estimated Median Income

4,573 Estimated Total Home Owners

1,057 Estimated Total Renters

81% / 19% Estimated Owner / Renter Divide

2 Estimated Average Household Size

14,295 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$184,750 Median Sales Price

20 Homes Sold

44 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	New in Database Source: Multiple Listing Service	New Value: $0	-100%
1/13/2022 3:00:00 AM	Sold Source: Multiple Listing Service	New Value: $900,000

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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.