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87 Division Street

Manistee, MI 49660
  • $500,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 1944148
UPDATED: 23 min ago
$500,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,274
    SQFT
  • $29
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-16T06:52:05.907.
www.housestraversecity.com/homes/175707163
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87 Division Street Manistee, MI 49660

  • Price: $500,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 23 min ago
  • MLS #: 1944148
0
Beds
0
Baths
0
½ Baths
0.51
Acres
17,274
SQFT
$29
$/SQFT
1920
Built
Neighborhood:
None
County:
Manistee
Area:
Manistee
Property Description
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.
Exterior Features

Construction Materials FrameWood SidingBrickBlock Garage YN No Roof AsphaltMetal/SteelMembrane

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features None Basement Partial Below Grade Finished Area Units Square Feet Cooling Central Air Cooling YN Yes Heating Forced AirNatural Gas Heating YN Yes

Property Features

Association Fee Frequency Annually Building Features None Business Incl No Business Type Retail Deeded Waterfront No ECOFeatures No Inventory Incl No Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Listing Terms ConventionalCash Lot Features Corner Lot New Construction YN No Occupied Yes Open Parking YN Yes Other Parking Parking LotStreet Parking Ownership Type Private Owner Parking Features Parking LotOn Street Possession Close Of Escrow Property Sub Type Retail Rent Includes None Road Responsibility Public Maintained Road Sewer Public Sewer Special Licenses None Tax Assessed Value 204799 Tax Legal Description see docs Water Source Public Waterfront YN No Zoning Description Commercial

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt Traverse City: 231-922-2350.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-05-16T06:52:05.907.
 
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