$290,000
SOLD APR 28, 2025

127 Walnut St Manistique, MI 49854

3 Beds
3 Baths
4,034 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

12% Below List Price

264 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Boiler Heating System
  • Bar Fridge
  • Historic Home
  • 2-minute walk to Indian Lake State Park

About This Home

As of April 2025

Discover an exceptional business opportunity in the heart of Manistique, Michigan! This property features Marley's Bar & Grill, a local landmark established in 1890, boasting original tin ceilings and an antique bar on the ground floor. Additionally, the upper level has been converted into a spacious Airbnb rental, offering three bedrooms, a full kitchen, and a bathroom, ideal for accommodating travelers exploring Michigan's Upper Peninsula. Situated in downtown Manistique with convenient access to US-2, this property enjoys proximity to shops, festivals, and Lake Michigan's scenic boardwalk, promising year-round patronage. With two operational businesses in one central location, seize the chance for double income potential today! *Land Contract will be considered with a minimum $100K down payment.

Last Agent to Sell the Property

John Zangara

RE/MAX First License #MISPE-6501283223 Listed on: 05/08/2024

RE/MAX First

Last Buyer's Agent

John Zangara

RE/MAX First License #MISPE-6501283223 Listed on: 05/08/2024

RE/MAX First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1890

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 39x87
  • Historic Home

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,034 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Stone Basement

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Emerald Elementary School
  • Manistique Middle & High Schoo

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas

Community Details

  • Village Of Manistique Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-003-015-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,199

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Historic
  • Structure Style: 2 Story
  • Total Tax Amount: 4199
  • Total Tax Year: 2021
  • Year Built: 1890
  • Mail City: Manistique
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Bar-Refrigerator, Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator
  • Basement: Yes
  • Basement: Stone, Unfinished
  • Bedrooms: 3
  • Bedroom 1: On 2nd Floor, Dimensions: 15 x 9
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 15 x 9
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 14 x 8
  • Bedroom 3 Floor Covering: Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 12 x 8, On Level: Second
  • Dining Room: On 2nd Floor, Dimensions: 15 x 15
  • Dining Room Floor Covering: Wood
  • Great Room Floor Covering: Wood
  • Kitchen: On 2nd Floor, Dimensions: 18 x 18
  • Laundry: On 2nd Floor, Dimensions: 12 x 8
  • Living Room: On 2nd Floor, Dimensions: 15 x 15
  • Above Grade Finished Sq Ft: 4034
  • Total Finished Sq Ft: 4034
  • Half Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Exterior Features: Sidewalks
  • Foundation: Basement
  • Frontage: 39
  • Frontage Type: Road

Garage/Parking

  • Garage: No

Utilities

  • Heating: Boiler
  • Heating Fuel: Electric, Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Cooling: Ceiling Fan(s)

Schools

  • Elementary School: Emerald Elementary School
  • Middle School: Manistique Middle & High Schoo
  • High School: Manistique Middle & High Schoo

Lot Info

  • Assessor Parcel Number: 051-003-015-00
  • Lot Dimensions: 39x87
  • Acreage: 0.03
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2021, Amount: $2,990.00
  • Winter Tax: Year: 2021, Amount: $1,208.00
  • Total Tax: Year: 2021, Amount: $4,199.00
  • SEV Year: 2023

MLS Schools

  • Elementary School: Emerald Elementary School
  • Middle School: Manistique Middle & High Schoo
  • School District: Manistique Area Schools
  • HighSchool: Manistique Middle & High Schoo

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $290,000 -2.7% $72 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
07/29/2024 07/29/24 Price Changed $298,000 -9.7% $74 / Sq Ft
05/08/2024 05/08/24 For Sale $329,900 -- $82 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $65 $1,100 $1,100 $0
2024 $44 $1,100 $1,100 $0
2023 $42 $1,100 $1,100 $0
2022 $42 $1,100 $0 $0
2021 $61 $1,400 $0 $0
2020 $43 $1,400 $0 $0
2019 $43 $1,400 $0 $0
2018 $56 $1,400 $0 $0
2017 -- $1,100 $0 $0
2016 -- $1,200 $0 $0
2014 -- $1,200 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50147182

Michigan Multiple Listing Service

APN: 051-003-015-00