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$350,000

  • Sold
  • Closed
  • Business
  • 1,000 Sq. Ft.
  • 20 Parking Spaces
See This Home
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The marina opportunity for the first time in generations. The Cedar Street Marina is the closest to Lake Michigan in all of Manistee. With 26 slips and three buildings, this marina that is fully booked each season and is a favorite of many captains because of the proximity to the Big Lake and the renouned Manistee Fishery. When updated a couple decades ago, extra deep pilings were put in and it was built to withstand the test of time and mother Nature. Longer lease potential may exist with approval by The City of Manistee. Seize this opportunity today!

Full Property Details for 540 Water St

General

  • Sold For: $350,000
  • Taxes: $3,500
  • Status: Closed
  • Type: Business
  • Source: SWMRIC_MLS
  • MLS ID: 25004135
  • Added to Site: 346 day(s) ago

Business

  • Business Type: Recreation

Interior

  • Interior Features: Broadband

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Parking

  • Total Spaces: 20

Location

  • Area: MasonOceanaManistee - O
  • County: Manistee
  • Cross Streets: Cedar
  • Driving Directions: US 31 in Manistee to First Street. West on First Street to Cedar St. Cedar St. North one block to Water Street. West on Water to parking lot.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Space Heater

Utilities

  • Sewer: Other
  • Cable Available: Yes
  • Utility Description: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Electricity Connected, Storm Sewer

Structural Information

  • # Buildings: 3
  • Construction: Wood Siding
  • Roof: Composition, Other
  • Square Feet: 1,000
  • Year Built: 1993

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size (Sq. Ft.): 16,081
  • Frontage: Paved
  • Zoning: Commercial

Water Features

  • Water Front: Yes
  • Water Front Name: Lake Michigan
  • Water Front Desc.: Channel

Financial Considerations

  • Tax Amount: $3,500
  • Terms: Conventional, Cash

Disclosures and Reports

  • Ownership: Corporation
  • Legal Description: SUB OF BLK 1 C. E. MARSHS ADD LOTS 20, 21 + 22 EXC N 15 FT THEREOF. _____P.ADDR: 540 WATER ST.
  • Property ID: 51-365-703-07

Listed by Five Star Real Estate - Onekama, Randall Zakrajsek
Sold by Dwelling Realty - KW Northern Michigan, Jermaine Elizabeth Sullivan

Listing agent

— 540 Water St —

  • Randall Zakrajsek

    Five Star Real Estate - Onekama

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 540 Water St

School District:Manistee Area Schools
NameGradesDistance
Thomas Jefferson Elementary School, Manistee, MI
515 Bryant Avenue, Manistee, MI 49660
PK-20.4 mi
John F. Kennedy Elementary School
1309 Madison Road, Manistee, MI 49660
3-52.5 mi
Manistee High School
525 12th Street, Manistee, MI 49660
6-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 540 Water St

Date
Details
Price
Change
Source
10/03/2025
Sold
$350,000
-17.65%
MLS
2/04/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Five Star Real Estate - Onekama, Randall Zakrajsek
Sold by Dwelling Realty - KW Northern Michigan, Jermaine Elizabeth Sullivan

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540 Water Street, Manistee, MI 49660 (MLS# 25004135) is a Business property that was sold at $350,000 on October 03, 2025. Want to learn more about 540 Water Street? Do you have questions about finding other Business real estate for sale in Manistee? You can browse all Manistee real estate or contact a Coldwell Banker agent to request more information.