200 River Street
$1,850,000, 12,390 Sqft 8.7 Acres
About This Property
Waterfront redevelopment opportunity in Manistee, Michigan. Approximately 9 acres with 1,300' of frontage on Manistee Lake with direct access to Lake Michigan. This deep-water port has sufficient depth and width for Great Lakes freighters to navigate freely and uninhibited between Lake Michigan and Manistee Lake. Historic use of the subject property was as a bulk aggregate warehousing facility. Aggregate was delivered directly to the site via freighter with ballards and moorings located along the shoreline to secure the freighters. The aggregate operations have ceased, and currently the buildings are fully leased to the Environmental Protection Agency (EPA) which provides a valuable income stream for the property owner. The subject property is located within the City of ManisteePeninsula District, which provides for a variety of mixed-uses including commercial, residential, recreational, service, etc. This is an excellent long-term redevelopment opportunity with the advantage of having a secure income stream in the short-term.
Lengthy. On file at listing office.
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Listing information last updated on January 16th, 2019 at 6:30pm CST.