101 S Lakeshore Drive, Manistee, MI 49660

$2,150,000
Property Type: Commercial Sale Baths: 24 Square Footage: 4,000 Lot Size (sq. ft.): 87,556 Status: Sold
Current Price: $2,700,000 List Date: 7/07/2021 Last Modified: 11/24/2022

Description

Michigan has 4530 Miles of Coastline along all of its Great Lakes. Manistee, Michigan sits on Lake Michigan in Northern Michigan. Lake Michigan has 1640 miles of the Great Lakes Coastline. This commercial acreage is across the street from one of the amazing beaches on the Lake Michigan coastline, 1st Street Beach. The opportunities are endless on this 2 acre parcel. The property is surrounded by Public parks, Beaches & boat launch.. Not to mention a few steps to the Manistee Harbor, Manistee River Channel & Historic Downtown Manistee. The Property has been home to the Lakeshore Motel for the last 50 years. It's prime for a new development. Manistee is a Redevelopment Ready City. Manistee County Visitor Bureau www.visitmanisteecounty.com City of Manistee website http://www.manisteemi.g

More Information MLS# 20025837

Location & Property Info

Cross Streets: First St Property Sub-Type: Business Opportunity Municipality: City of Manistee

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 675 Prop Avail for Lease?: No Current Bldg Use: Motel

General Property Info

New Construction: No Lot Dimensions: 305 x 287 Road Frontage: 305 Mineral Rights: Unknown Waterfront: Yes Body of Water: Lake Michigan Total # Units: 24 Total # Bldgs: 3 # Fin Bldg Lvls: 1 Total SqFt: 4000 Property Use Type: Business School District: Manistee Lot Measurement: Acres Lot Acres: 2.01 Lot Square Footage: 87556 Year Built: 1950 Full Baths: 24 Total Baths: 24

Tax Info

Taxable Value: 193202 SEV: 209800 For Tax Year: 2020 Seller's Annual Property Tax: 11400 Tax Year: 2020 Homestead %: 0 Spec Assessment & Type: None Known Non-Conforming Use: No Zoning: Commercial Impr Tax ID #: 515131125002

Remarks & Misc

Legal: Lengthy attached

Status Change Info

Sold Price/SqFt: 537.5 Under Contract Date: 2020-08-21 Sold Date: 2021-07-07 Sold Price: $2,150,000

Waterfront Options

Water Access Y/N: Yes Water Frontage: 0

Water Type

Lake: 1

Water Fea. Amenities

All Sports: 1 Public Access 1 Mile or Less: 1 View: 1

Street Type

Paved: 1 Public: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Phone Connected: 1 Propane: 1

Sewer

Public Sewer: 1 Septic Tank: 1

Water

Public Water: 1 Well: 1

Uses

Other: 1

Construction Type

Block: 1

Exterior Material

Block: 1

Roofing

Metal: 1

Heat Source

Electric: 1

Sale Conditions

None: 1

Ownership

Corporation: 1

Below Grade

None: 1

Heat Type

Baseboard: 1

Air Conditioning

Window Unit(s): 1

Docs at List Office

Other: 1

Business Includes

Real Estate: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1

Driveway

Paved: 1

Send to Econ Dev Org

MEDC: 1 SWMI First, Region 5: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Possession

Negotiable: 1

Location Property Info

County: Manistee Street #: 101 Street Direction: S Street Name: Lakeshore Suffix: Drive State: MI Zip Code: 49660 Area: MasonOceanaManistee - O

OfficeContract Info

Status: Sold Current Price: $2,150,000 List Price: $2,700,000 Listing Date: 2020-07-05

Remarks Misc

Directions: U.S. 31 to Manistee. Go West on First St all the way to the Beach. Property is on your left.

Property Features

Water Type: Lake Uses: Other Ownership: Corporation Business Includes: Real Estate Construction Type: Block Exterior Material: Block Roofing: Metal Below Grade: None Sewer: Public Sewer; Septic Tank Water: Public Water; Well Utilities Attached: Cable Connected; Electricity Connected; Phone Connected; Propane Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Electric Heat Type: Baseboard Air Conditioning: Window Unit(s) Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Other Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5 Possession: Negotiable

Documents

Listing Office: CENTURY 21 Northland
Listing Agent: Virginia M Pelton
IDX
Last Updated: November - 24 - 2022
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