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86 Washington St
Manistee, MI 49660
North Channel Building - Brewery Space · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Main Floor Space in Historic Building
- Renovated in 2018
- Outdoor Sitting Area
- Downtown Manistee
- Rustic Brick Walls with Open Industrial Ceilings
- Along the Manistee River and just minutes to Lake Michigan
EXECUTIVE SUMMARY
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, 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
21,000 SF
Building Class
C
Year Built/Renovated
1910/2018
Price
$750,000
Price Per SF
$35.71
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.21
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
Commercial - Central Business District
Frontage
180’ on Washington St
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