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    2370 M-137

    Interlochen, MI 49643
    • $320,000
    • STATUS: Active
    • ON SITE: 1134 days
    • MLS #: 1823584
    UPDATED: 9 min ago
    $320,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,755
      SQFT
    • $116
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    Description

    Wonderful Investment Opportunity - 3 Buildings zoned "mixed use"- all can be used for commercial or residential purposes. Two of the buildings are on high traffic M-137, a perfect spot for a multitude of businesses and the third is directly behind on W. Railroad Past successful businesses included a boutique, florist, law office and massage therapist. Could open a business live in one of the other structures and make rental income off the third. The Business includes 3 structures: 1. Building One is approximately 1102 sq ft and is situated directly on M-137 - just renovated.Would make an excellent store front but also has a bathroom, full kitchen, 2 bedrooms & washer and dryer, could be a residential rental or a home for someone who wanted to run a business out of their home. Currently used as a residential rental receiving $10,200 per year 2. "Building Two"is also directly on M-137; is approximately 675 sq ft. This building has an excellent rental history. It is currently used as a residential rental but could easily be converted into a retail shop or art gallery. 2 bdrs, 1 bath. Currently residential rental receiving $9000 per year. 3. "Building Three" is directly behind the other two with frontage on West Railroad Rd. This building also has an excellent rental history, currently a residential rental (but also zoned commercial). 1150 sq ft, 3 bdrs, 1 bath. Large attached Pole barn/garage with high ceiling and metal roof; garage has been rented separately from house as a resale shop & storage unit. There are gardens on the grounds and a potting shed with greenhouse roof - used for potting and creating floral arrangements for resale. Currently residential rental receiving $11,400 per year. Could rent pole barn out for an approx an additional $4800 per year. The possibilities are endless with the "one of a kind" opportunity. Only 1 mile from Interlochen Center for the Arts & 13 miles to Traverse City!

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-10-23T19:51:57.277.
    www.boermarealty.com/homes/76773581
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    2370 M-137 Interlochen, MI 49643

    • Price: $320,000
    • Status: Active
    • Updated: 9 min ago
    • MLS #: 1823584
    0
    Beds
    3
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,755
    SQFT
    $116
    $/SQFT
    1975
    Built
    Neighborhood:
    Martins Addition
    County:
    Grand Traverse
    Area:
    Grand Traverse
    Property Description
    Wonderful Investment Opportunity - 3 Buildings zoned "mixed use"- all can be used for commercial or residential purposes. Two of the buildings are on high traffic M-137, a perfect spot for a multitude of businesses and the third is directly behind on W. Railroad Past successful businesses included a boutique, florist, law office and massage therapist. Could open a business live in one of the other structures and make rental income off the third. The Business includes 3 structures: 1. Building One is approximately 1102 sq ft and is situated directly on M-137 - just renovated.Would make an excellent store front but also has a bathroom, full kitchen, 2 bedrooms & washer and dryer, could be a residential rental or a home for someone who wanted to run a business out of their home. Currently used as a residential rental receiving $10,200 per year 2. "Building Two"is also directly on M-137; is approximately 675 sq ft. This building has an excellent rental history. It is currently used as a residential rental but could easily be converted into a retail shop or art gallery. 2 bdrs, 1 bath. Currently residential rental receiving $9000 per year. 3. "Building Three" is directly behind the other two with frontage on West Railroad Rd. This building also has an excellent rental history, currently a residential rental (but also zoned commercial). 1150 sq ft, 3 bdrs, 1 bath. Large attached Pole barn/garage with high ceiling and metal roof; garage has been rented separately from house as a resale shop & storage unit. There are gardens on the grounds and a potting shed with greenhouse roof - used for potting and creating floral arrangements for resale. Currently residential rental receiving $11,400 per year. Could rent pole barn out for an approx an additional $4800 per year. The possibilities are endless with the "one of a kind" opportunity. Only 1 mile from Interlochen Center for the Arts & 13 miles to Traverse City!
    Exterior Features

    Construction Frame Exterior Features VinylWood Foundation Slab Lot Dimensions 100X100 Parking Parking Lot Parking Spaces 12 Road BlacktopPublic Maintained Roof AsphaltMetal

    Interior Features

    Heating Cooling Type Forced Air

    Property Features

    Business Incl Yes Business Name Mixed Use Deeded Waterfront No Documents On File FinancialLegal Description Eco Features No Energy Efficient Not Applicable Extras Overhead Door(S) Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses Other Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession At Closing Present Use Garden StoreMini-StorageOtherRetail Store Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 16 Sewer Private Septic Taxable Value 52217 Terms CashCommercial Loan Township Green Lake Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Private Well Water Conservation Not Applicable Year Remodeled 2010 Zoning Commercial



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-10-23T19:51:57.277.
     
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    Boerma Realty, LLC
    524 E Mosher St., Suite 200
    Mt. Pleasant MI, 48858