87 Division St

87 Division St, Manistee, MI 49660

Property Information

  • For Sale $500,000
  • Property Type Retail
  • Property Size 17,274 SF
  • Year Built 1920
  • Date Updated May 13, 2026

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.

Highlights

  • US 31 to property on the Southwest corner of Cypress St (US 31) and Clay St
  • Cooling Central AC
  • Exterior Description Brick
  • Exterior Description Concrete Block
  • Exterior Description Wood Siding
  • Garage Description Curb Parking.
  • Heating Fuel Type Gas
  • Heating Type Forced Air
  • Road Type City Town Street
  • Roof Asphalt Shingle Roof
  • Roof Metal Roof
  • Roof Rubber
  • Water Municipal Water

Contacts

Mark Hagan

Coldwell Banker Schmidt Realtors

Location

Contact Listing Broker
Mark Hagan

Coldwell Banker Schmidt Realtors

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