Former Kmart - Manistee MI

Retail-Commercial for Sale
Catylist Listing ID: 30469790
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Retail-Pad, Service Station/Gas Station, Street Retail, Other
Building Size (RSF): 92,266 SF
Gross Building Area: 94,696 SF
Gross Land Area: 12.01 Acres
Sale Price: $2,767,980
Unit Price: $30 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/17/2020

Overview / Comments

Former Kmart building in the heart of Manistee Michigan's commercial district.
Prime location for redevelopment with many possible uses, including industrial, retail, storage, multi-family.
Lot includes out parcel built out as a gas station /C-store. Newer, double walled Tanks (2000). This could be reopened or switched to a different use.

Additional Details

Nearest MSA: Ludington
County: Manistee
Taxing Authority: Filer Township
Tax ID/APN: 06-113-425-15
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: US 31 just south of Downtown Manistee
Property Visibility: Excellent
Largest Nearby Street: Merkey
Airports: Manistee
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 92,266 SF
Property Condition: Good
Year Built: 1991
Roof Type: Flat
Construction/Siding: Block, Steel Frame
Parking Type: Surface
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,679 7,963 10,367
Median Age: 44.78 44.9 45.94
Households: 1,185 3,554 4,624
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.