Condotel & Restaurant (2 buildings) on 700' of Manistee Lake with 8 boat slips and paved parking lot.

About 215 & 217 Arthur Street, Manistee, MI

$489,000

6000 SqFt

Waterfront Condotel & Restaurant (2 buildings) on Manistee Lake with 8 boat slips and paved parking lot. This is a Golden Opportunity for that creative purchaser who may wish to resell the condo units individually (they're ready!) or have a Condo Vacation Rental Lakefront Resort with their own Restaurant. B and B? Development parcel? Senior Living? This property is priced to move off the books!Located on a 4-lane corridor of US31, with an AADT (traffic count) of over 14,600 cars DAILY!Extremely High visibility location with 8 unit Condotel and a Restaurant Building currently operating as Chow's Kitchen. (Leased tenant until mid-2018) Manistee Lake is a great fishing lake, and leads to Lake Michigan through the Manistee River Channel. Nothing starts a discussion like a phone call! Contact me now to tour these buildings, talk about seller's motivation, or ask about potential uses of this property or Brownfield Authority. The Manistee community has had a tremendous resurgance with more rebooting to come. Get on top of this platform now to be in on the ground floor of the next phase!

Property Details

Property Type commercial
Mls # 1836820
LotSize 0.55 acres
Property Subtype Other
Year Built 1995

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Sue Louiselle
Sue Louiselle
    Coldwell Banker Schmidt Realtors
  • Traverse City, MI
  • Phone: 231-835-1555
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Visit me online at http://www.cbgreatlakes.com/sue.louiselle

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