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

For Sale

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215 & 217 Arthur Street, Manistee, MI

$489,000 | 6000 SQUARE FEET

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!

FEATURE LIST:

  • Property Type: commercial
  • Mls #: 1836820
  • Lot Size: 0.55 acres
  • Property Subtype: Other
  • Year Built: 1995
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