Home Details for 215 & 217 Arthur St

Water frontage and Highway frontage - Little Riverside Motel & Marina plus a restaurant. Dont miss this opportunity!! This premier commercial property offers a unique blend of income-generating potential and development opportunity. Currently configured with long-term rental units, the complex provides a steady and strong income stream. Can be used as nightly and weekly rental also. The property features approximately 130 feet of frontage along Manistee Lake, complete with 8 boat slips, offering exceptional recreational appeal and access to fishing and boating via Lake Michigan through the Manistee River Channel.Situated on the high-traffic US-31 corridor, the property benefits from excellent visibility and market exposure. Complementing this is a commercial restaurantbuilding equipped with kitchen equipment, walk in coolers and plenty seating that has been recently leased to a new business set to open in September 2025, creating additional cash flow. The site offers significant flexibility for future development, including condo resales, a vacation lakefront resort, or other innovative uses. The 8 units are individually deeded condominiums, each with separate tax ID numbers, presenting a potential opportunity for a new investor to sell them independently. With ongoing growth and transformation in Manistee, this property stands out as a highly desirable opportunity for investors seeking a versatile asset with both immediate income and long-term development potential in a prime lakeside location.

• Utilities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available

• Waterfront and Water Access

  • Lake Front
  • Waterfront
  • Waterfront Access

• Heating Information

  • Forced Air
  • Natural Gas

• Cooling Information

  • Central Air

• Water Features

  • Public

• Parking

  • Concrete

• Basement

  • Storage Space