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$329,900   Price Analysis
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127 Walnut St
Manistique, MI 49854
3 bed 3 bath 4,034 SqFt ($81/SqFt)
1,307SqFt lot. Built 1890
Listed 2024-07-01, Taxes $42
USDA Eligible
near Manistique, MI
 Restrictions may apply
due to home size

Discover an exceptional business opportunity in the heart of Manistique

Michigan! This property features Marley's Bar and Grill, a local landmark established in 1890, boasting original tin ceilings and an antique bar on the ground floor. Additionally, the upper level has been converted into a big Airbnb rental, offering three bedrooms, a full kitchen and a bathroom, ideal for accommodating travelers exploring Michigan's Upper Peninsula.

Situated in downtown Manistique with convenient access to US-2, this property enjoys proxmity to shops, festivals and Lake Michigan's scenic boardwalk, promising year-round patronage. With two operational businesses in one central location, seize the chance for double income potential today. Land Contract will be considered with a minimum $100K down payment.


Presented by JOHN ZANGARA at
RE MAX First.


Property MLS #50147182 from MiRealSource

Bedrooms: 3
Bedroom 1 Dimensions: 9 x 15
Bedroom 2 Dimensions: 9 x 15
Bedroom 3 Dimensions: 8 x 14
Bedroom 1 Level: Second
Bedroom 2 Level: Second
Bedroom 3 Level: Second

Total Bathrooms: 1 / 2
Full Bathrooms: 1
1/2 Bathrooms: 2
Bathroom 1 Dimensions: 8 x 12
Bathroom 1 Level: Second
Bathroom 1 Description: Total Bathrooms: 3

Bar-Refrigerator
Dishwasher
Freezer
Microwave
Range/Oven
Refrigerator

Cooling Features: Ceiling Fan(s)
Heating Features: Boiler
Heating Fuel: Electric, Natural Gas

Dining Room Dimensions: 15 x 15
Dining Room Level: Second
Kitchen Dimensions: 18 x 18
Kitchen Level: Second

Flooring: Bedroom1 Flooring: Wood, Bedroom2 Flooring: Wood, Bedroom3 Flooring: Wood, Dining Room Flooring: Wood

Living Room Dimensions: 15 x 15
Living Room Level: Second
Basement Description: Stone, Unfinished

Sidewalks
Frontage Length: 39
Frontage Type: Road

Lot Size Acres: 0.03
Lot Size Dimensions: 39x87
Lot Size Square Feet: 1307

Parking Features: No Garage

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Emerald Elementary School
High School: Manistique Middle & High Schoo
Middle School: Manistique Middle & High Schoo
School District: Manistique Area Schools

Manistique Middle And High School is a public middle and high school located approximately 0.2 miles away.
directions icon Map directions

Emerald Elementary School is a public elementary school located approximately 0.5 miles away.
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St Francis De Sales School is a private elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Lease Assignable: No

Annual Tax Amount: 4199
Source Listing Status: Active
County: Schoolcraft
Tax Year: 2021
Source Property Type: RESIDENTIAL
Area: Manistique (77009)
Source Neighborhood: Village Of Manistique
Parcel Number: 051-003-015-00
Subdivision: Village Of Manistique
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$1,100
$42
2021$unknown + $unknown
$1,400
$61
2020$unknown + $unknown
$1,400
$43
2019$unknown + $unknown
$1,400
$42
2012$unknown + $unknown
$1,200
$38

Listed 2024-07-01
$329,900
MiRealSource
Listing removed 2024-05-04
$0
UpperPeninsula
Price Changed 2024-04-10
$329,900
UpperPeninsula
Listed 2022-11-07
$349,900
UpperPeninsula

Total Square Feet Living: 4034
Year Built: 1890
Building Exterior Type: Exterior Construction: Brick
Foundation Details: Basement
Property Age: 134
Structure Type: 2 Story
House Style: Historic

Sewer: Public Sanitary
Water Source: Public Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.