$247,500

214 Arthur St Manistee, MI 49660

Estimated payment $1,766/month

Total Views 439
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • Property is near a lake
  • Heating System Uses Natural Gas
  • Water Views
  • High Speed Internet
  • 1-minute walk to Arthur Street Waterfront

About This Home

High-visibility mixed-use triplex located in Manistee's North Business District, offering a strong blend of commercial exposure and residential income. This 1,944 sq. ft. property features a street-level commercial storefront currently leased to the well-established ''Best in Show'' pet grooming business at $900 per month, with the lease negotiable upon sale. The middle and rear residential units include a studio apartment rented at $875 per month and a one-bedroom apartment rented at $825 per month, with all units currently occupied and a solid rental history. The deep parcel includes paved rear parking, a fenced side yard, on-site washer and dryer, and separate residential entrances. Conveniently located near Lake Michigan, the public boat launch, and downtown Manistee, with excellent visibility and accessibility. The property is located within the Marihuana Sales Overlay, making it one of the limited properties eligible for cannabis-related licensing, buyer to verify.

Listing Agent

Therran Ferguson

Essential Real Estate License #6502429562 Listed on: 01/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,670

Year Built

  • Built in 1940

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 91' x 325'

Home Design

  • Slab Foundation
  • Rubber Roof

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 12 Parking Spaces
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected
  • High Speed Internet

Additional Features

  • Water Views
  • Stepless Entry
  • Property is near a lake

Community Details

  • 2,112 Buildings
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,670

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1940
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 91' X 325'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: Commercial
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2112.0
  • Heat Source:Natural Gas3: Yes
  • Substructure:Partial: Yes
  • Heat Type:Radiant: Yes
  • Substructure:Slab: Yes
  • Substructure:Crawl Space: Yes
  • Accessibility Feat:No Step Entrance: Yes
  • Roofing:Rubber: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: High-visibility mixed-use triplex located in Manistee's North Business District, offering a strong blend of commercial exposure and residential income. This 1,944 sq. ft. property features a street-level commercial storefront currently leased to the well-established ''Best in Show'' pet grooming business at $900 per month, with the lease negotiable upon sale. The middle and rear residential units include a studio apartment rented at $875 per month and a one-bedroom apartment rented at $825 per month, with all units currently occupied and a solid rental history. The deep parcel includes paved rear parking, a fenced side yard, on-site washer and dryer, and separate residential entrances. Conveniently located near Lake Michigan, the public boat launch, and downtown Manistee, with excellent visibility and accessibility. The property is located within the Marihuana Sales Overlay, making it one of the limited properties eligible for cannabis-related licensing, buyer to verify.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: No Step Entrance
  • Basement: Crawl Space, Partial, Slab
  • Basement: No

Exterior Features

  • Construction Materials: Block
  • List Price: 247500.0
  • Number of Buildings: 2112
  • Roof: Rubber
  • Water Body Name: Manistee Lake
  • Waterfront Features: Lake
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 12.0
  • General Property Info:Total Parking Spaces: 12.0

Utilities

  • Heating: Radiant
  • Heating: Yes
  • Utilities: Natural Gas Connected, Electricity Connected

Association/Amenities

  • Water Fea Amenities:Public Access 1 Mile or Less: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Dimensions: 91' X 325'
  • Lot Size Sq Ft: 16380.0
  • Zoning Description: Commercial

Rental Info

  • Owner Pays: Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 5670.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,169 $95,000 $0 $0
2024 $31 $87,900 $0 $0
2023 $3,410 $95,800 $0 $0
2022 $3,937 $155,900 $0 $155,900
2021 $3,828 $152,300 $27,600 $124,700
2020 $3,621 $106,300 $27,600 $78,700
2019 $3,574 $59,900 $27,600 $32,300
2018 $3,521 $58,800 $58,800 $0
2017 $3,832 $64,000 $64,000 $0
2016 $2,325 $64,300 $64,300 $0
2015 -- $65,100 $65,100 $0
2014 -- $66,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 For Sale $247,500 -- --
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Deed $190,000 --
Grant Deed $105,000 --
Warranty Deed $130,000 --
Source: Public Records

Source: MichRIC

MLS Number: 26000459

MichRIC

APN: 51-174-708-05