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115 Michigan Avenue, Beulah, MI

Price: $1,295,000.00
Square Ft.: 9000
Price/SQFT: $143.89

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!

Basic Information

MLS ID: 1930777
City: Beulah
State: MI
ZIP: 49617
Area: Benzie
Acres: 0.31
Square Feet: 9000

Additional Information

  • Basement: Location:
  • Business Included:
  • Lot:
  • Business Name:
  • Property Status: Active
  • Construction: Timber Frame,Wood Siding
  • Documents: LBP Disclosure
  • Zoning: Residential,Multi-Family,Commercial,Deed Restrictions,Rental History
  • Possession: Negotiable
  • Dimensions: 150x90
  • For Sale Or Lease: Residential Income
  • Directions: US 31 (Michigan Avenue) in Beulah on the east side of the road.
  • Road Frontage:
  • Days On Market: 3
  • Roofing: Asphalt
  • Days On MLS: 3
  • Township: Benzonia
  • Financing:
  • Water: Public
  • Floor Type:
  • Licenses:
  • Heating: Forced Air,Wall Furnace,Fireplace(s),Natural Gas
  • Year Built: 1935
  • Cooling: Electric,Multi Units

Listing courtesy of Keller Williams Northern Michi, 830 E. Front St, Suite 110 Traverse City, MI 49686

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