$750,000
Manistee, MI 49660
MLS# 24002365
7300 sqft
1 / 7
Property Description
This 7,300 SF Commercial Condominium is located in the fully-renovated, 21,000 SF three-story historical building that is home to the North Channel Brewing Company. The building is located on a corner, steps from the Manistee Riverfront, and in the heart of quaint, Downtown Manistee. This main-level space represents a fantastic investment opportunity. The Unit is home to the North Channel Brewing Company's brewery/restaurant, and houses the brewing facilities and lab, large kitchen, restaurant/bar area with office, freezer/cooler, storage space and outside seating area. The building was originally constructed in 1910 and renovated in 2018, and the historical architecture has been artfully maintained both inside and out showcasing exposed beams, rustic brick walls,
Details
Maps
Location & Property Info
County: Manistee
Street #: 86
Street Name: Washington
Suffix: Street
State: MI
Zip Code: 49660
Zip (4): 1212
Cross Streets: 5th Avenue & Memorial
Property Sub-Type: Retail/Commercial
Area: MasonOceanaManistee - O
Municipality: City of Manistee
Principal Road: Yes
Ownership Type: Broker/Agent Owned
Office/Contract Info
Status: Active
Current Price: $750,000
List Price: $750,000
Auction or For Sale: For Sale
List Price/SqFt: 102.74
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-01-09
Current Bldg Use: Brewery-Restaurant
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.64
Lot Square Footage: 27878
Lot Dimensions: 180x157
Year Built: 1910
Road Frontage: 180
Year Remodeled: 2018
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 7300
Total Net SqFt: 7300
Property Use Type: Business
Full Baths: 2
Waterfront: No
School District: Manistee
Tax Info
Tax ID #: 51-880-001-01
Taxable Value: 325000
SEV: 325000
For Tax Year: 2024
Annual Property Tax: 20000
Tax Year: 2024
Spec Assessment & Type: None known
Zoning: C-3 Central Bus
Remarks & Misc
Legal: PART OF: PT GOVT LOT 1 COM 33 FT S + 33 FT W OF NE COR, W 75 FT, S 22.54 FT, E 75 FT, N 22.79 FT TO POB SEC 11 T21N R17
Directions: 31 North to Memorial Dr West to Washington Street South.
Additional Details
Total Parking Spaces: 5
SqFt Information
Total Bldg SqFt (Gro: 21000
Property Features
Property Use: Business
Water Fea. Amenities: Public Access 1 Mile or Less
Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Recreation; Restaurant; Retail; Other
Ownership: LLC
Business Includes: Non-Applicable
Construction Type: Frame/Wood
Exterior Material: Brick
Roofing: Rubber
Below Grade: None
Additional Features: Barrier Free; Bath Common Area; Fire Sprinkler; Multi User Facility; Util Sep Mt
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Cable; Electric; Natural Gas; Public Sewer; Public Water; Telephone
Heat Source: Electric
Heat Type: Heat Pump
Air Conditioning: Central Air
Driveway: Shared Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Survey
Sale Conditions: None
Supplements
vintage lighting and large windows. Ample on-site, street and public parking are available. Brewery is operating on a long-term, personally-guaranteed lease that expires October 31, 2027. Members of owner LLC are licensed Realtors.
Listing Office: Capstone Real Estate LLC
Listing Agent: John Groothuis
Last Updated: January - 15 - 2024
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