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    86 Washington Street

    Manistee, MI 49660
    • $3,200,000
    • STATUS: Active
    • ON SITE: 851 days
    • MLS #: 19002267
    $3,200,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,000
      SQFT
    • $152
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:

    School Ratings & Info

    School District:

    Description

    This 21,000 SF multi-use, commercial building is located on a corner in the heart of downtown Manistee, and represents a fantastic investment opportunity. Steps from the riverfront, this fully-renovated, historical building is home to the highly successful North Channel Brewing Company on the main level, which is operating on a long-term personally guaranteed lease. Ten, loft-style apartments with additional grey box space make up the second and third levels. The 7,800 SF main level contains the brewing facilities and lab, restaurant/bar area with outside seating, office, freezer/cooler and storage space. The second floor accommodates five apartments totaling 5,000 SF along with a 3,000 SF grey box area, and the 5,000 SF third floor contains five additional apartments.Built in 1910 and renovated in 2018, this building's historical architecture has been artfully maintained both inside and out showcasing exposed beams, rustic brick walls, large windows and original hardwood floors. Ample on-site, street and public parking are available. Property has also been awarded an OPRA Tax Abatement and Brownfield TIF that are transferable with sale. Members of owner LLC are licensed realtors.

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    © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-05-18T00:01:26.407.
    www.debstevenson.com/homes/90989559
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    86 Washington Street Manistee, MI 49660

    • Price: $3,200,000
    • Status: Active
    • MLS #: 19002267
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    21,000
    SQFT
    $152
    $/SQFT
    1910
    Built
    Neighborhood:
    City Of Manistee
    County:
    Manistee
    Area:
    Manistee Brown Filer Stronach
    School District:
    Manistee
    Property Description
    This 21,000 SF multi-use, commercial building is located on a corner in the heart of downtown Manistee, and represents a fantastic investment opportunity. Steps from the riverfront, this fully-renovated, historical building is home to the highly successful North Channel Brewing Company on the main level, which is operating on a long-term personally guaranteed lease. Ten, loft-style apartments with additional grey box space make up the second and third levels. The 7,800 SF main level contains the brewing facilities and lab, restaurant/bar area with outside seating, office, freezer/cooler and storage space. The second floor accommodates five apartments totaling 5,000 SF along with a 3,000 SF grey box area, and the 5,000 SF third floor contains five additional apartments.Built in 1910 and renovated in 2018, this building's historical architecture has been artfully maintained both inside and out showcasing exposed beams, rustic brick walls, large windows and original hardwood floors. Ample on-site, street and public parking are available. Property has also been awarded an OPRA Tax Abatement and Brownfield TIF that are transferable with sale. Members of owner LLC are licensed realtors.
    Exterior Features

    Construction Type Frame/Wood Driveway Shared Paved Exterior Material BrickStone Finished Building Levels 3.00 Lot Dimensions 212X137 irregular Parcels Number Of Buildings 1.00 Road Frontage 212.00 Roofing Rubber Street Type PavedPublic Water Access Yes Water Features All SportsChannelPublic Access 1 Mile Or LessView Water Type River Waterfront No

    Interior Features

    Air Conditioning Central Below Grade None Heat Source ElectricNatural Gas Heat Type Forced Air Interior Features Barrier FreeFire SprinklerMulti User FacilitySecurity System Passenger Elevators 1 Tot Bldg Sq Ft Gross 21000.00

    Property Features

    Annual Property Tax 40062.00 Association West Michigan Lakeshore Association Of Realtors Business Includes Non-Applicable Commercial Type Retail/Commercial Current Use Brewery/Restaurant And Loft-Style Apartments Documents Aerial PhotoOtherSurvey New Construction No Ownership Llc Sale Conditions None Sewer Public Tax Year 2019 Terms Available CashConventional Uses Bar/Tavern/LoungeOtherRestaurant Util Avl At Street CableElectricNatural GasPublic SewerPublic WaterTelephone Utilities Attached CableElectricNatural GasTelephone Water Public Zoning Central Busines

    Listing provided courtesy of John D Groothuis of Capstone Real Estate Llc. © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
    © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-05-18T00:01:26.407.
     
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    Deb Stevenson Group - Greenridge Realty
    300 S Rath
    Ludington MI, 49431