# 215 & 217 Arthur St, Manistee, MI 49660

> **TL;DR:** 0bd/9ba commercial, $985,000 ($109/sqft), built 1995, 9,000 sqft.
> Waterfront, A/C. Est. $4,268/mo. Listed 293 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $985,000 |
| Price/sqft | $109 |
| Bathrooms | 9 full |
| Square Feet | 9,000 |
| Year Built | 1995 |
| Lot Size | 60,984 sqft (1.40 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 293 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,268 |
| **Total** | **$4,268** |

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1995
- 1.40 acre lot
- 2 stories
- Waterfront

## Description

### Agent Description
Water frontage and Highway frontage - Little Riverside Motel & Marina plus a restaurant. Don't miss this opportunity!! This premier commercial property offers a unique blend of income-generating potential and development opportunity. Currently configured with long-term rental units, the complex provides a steady and strong income stream. Can be used as nightly and weekly rental also. The property features approximately 130 feet of frontage along Manistee Lake, complete with 8 boat slips, offering exceptional recreational appeal and access to fishing and boating via Lake Michigan through the Manistee River Channel. Situated on the high-traffic US-31 corridor, the property benefits from excellent visibility and market exposure. Complementing this is a commercial restaurant building equipped with kitchen equipment, walk in coolers and plenty seating that has been recently leased to a new business set to open in September 2025, creating additional cash flow. The site offers significant flexibility for future development, including condo resales, a vacation lakefront resort, or other innovative uses. The 8 units are individually deeded condominiums, each with separate tax ID numbers, presenting a potential opportunity for a new investor to sell them independently. With ongoing growth and transformation in Manistee, this property stands out as a highly desirable opportunity for investors seeking a versatile asset with both immediate income and long-term development potential in a prime lakeside location.

## Location

- **Address:** 215 & 217 Arthur St, Manistee, MI 49660
- **County:** Manistee
- **Coordinates:** 44.262339, -86.315956
- **Google Maps:** https://www.google.com/maps?q=44.262339,-86.315956

## Listing Agent

- **Name:** Debby Stevenson
- **Brokerage:** Greenridge Realty S Rath
- **Phone:** 2315105727
- **Email:** deb@debstevenson.com

## Primary Photo

![215 & 217 Arthur St - Primary Photo](http://lh.rdcpix.com/05d1ba2aef2e4ca47c4f81d3b4a7721fl-f2460489298r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.com/listing/215-217-arthur-st-manistee-mi-49660-25040815)*

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**MLS#:** 25040815 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/215-217-arthur-st-manistee-mi-49660-25040815)

---

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