High-Visibility Investment Opportunity! This 1,944 sq. ft. versatile triplex in Manistee's North Business District features a storefront currently leased to the successful ''Best in Show'' pet grooming business (negotiable with sale), plus two updated residential units—one studio and one 1-bedroom—each rented at $850/month for a total of $2,550 in gross monthly rental income. Property includes a fenced side yard, washer/dryer, deep parcel with paved rear parking, and strong vacation rental potential near Lake Michigan and public boat launch. Cannabis license eligible as property is 1 of few located in the ''Marihuana Sales Overlay''. Prime commercial/residential mix—schedule your showing today!
Active
$245,000
214 Arthur St, Manistee, MI 49660
1beds
3baths
1,944sqft
Est.:
2 to 4 Units
Built in 1940
-- sqft lot
$240,300 Zestimate®
$126/sqft
$-- HOA
What's special
Fenced side yardTwo updated residential units
- 6 days
- on Zillow |
- 757 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 07:46am
Listed by:
Therran Ferguson 231-510-1790,
Essential Real Estate 231-299-1180
Source: MichRIC,MLS#: 25027336

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 3
Heating
- Radiant
Features
- Broadband
- Basement: Crawl Space,Partial,Slab
- Number of fireplaces: 2112
Interior area
- Total interior livable area: 1,944 sqft
Property
Parking
- Total spaces: 12
- Parking features: Asphalt, Driveway
Accessibility
- Accessibility features: No Step Entrance
Features
- Waterfront features: Lake
- Body of water: Manistee Lake
Lot
- Size: 0.38 Acres
- Dimensions: 91' x 325'
Details
- Parcel number: 515117470805
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Block
- Roof: Rubber
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Manistee
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $90,624
- Annual tax amount: $5,578
- Date on market: 6/9/2025
- Listing terms: Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
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