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Listed by Lorri A Schreiber • Keller Williams Northern Michi
$ 1,295,000
Est. payment /mo
Active
115 N Michigan Avenue Beulah, MI 49617
8,999 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,999 sqft
Price per Sqft $143
Subdivision Mi
MLS Listing ID 1930777
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 150x90
Property Sub-Type Multi-Family
Property Description
Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!
Location
State MI
County Benzie
Rooms
Basement Poured Concrete
Interior
Interior Features Other
Heating Forced Air, Wall
Cooling Forced Air, Wall
Exterior
Exterior Feature None
Roof Type Asphalt
Road Frontage Public Maintained
Building
Water Municipal
Structure Type Wood
Schools
School District Benzie County Central Schools
Others
Tax ID Multiple
Ownership Private Owner