115 N Michigan Avenue
Beulah, MI 49617
- – beds
- – baths
- 18,000 sqft
- ~2 acre lot
- $72 per sqft
- – on site
INCREDIBLE INCOME OPPORTUNITY!! This property located on the main road in Beulah boasts 18 individual CONDO units on the upper lever that is an immediate positive cash flow stream. Income from the upper floor covers expenses for the entire building! Another 9000 sq ft on the lower level waits your vision for increasing your income stream! Can be made into many things, additional condos, office space, retail, banquet facility, Corporate meeting events, you name it! This property is steps away Crystal Lake, close to many Northern Michigan amenities, including hiking, parks, boating, golfing, skiing, and many many more! Don't pass on this opportunity to add this property to your portfolio!!
Last checked:
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Last updated Nov 7, 2024
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MLS# 1919785 —
The Building
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Year Built:1935
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Construction:Timber Frame, Block
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Style:2 Story
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Roof:Asphalt
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Foundation:Poured Concrete
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Exterior Features:None
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Exterior Finish:Wood
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:18000
Interior
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Interior Features:Other
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Fireplace and Stoves:None
Financial & Terms
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Terms:Conventional Mortgage, Cash, 1031 Exchange, Land Contract/PMM
Location
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Latitude:44.633419
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Longitude:-86.089606
The Property
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Property Type:Condominium, Site Condo
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Lot Dimensions:Irregular
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Acres:1.51
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Additional Buildings:None
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Zoning:Residential, Multi-Family, Commercial, Deed Restrictions, Building-Use Restrictions, Rental History
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Deeded Waterfront:no
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Water Features:Creek
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Road:Public Maintained
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Mineral Rights:No
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Price Per SqFt:72.22
Listing Agent
- Contact info:
- Agent phone:
Taxes
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Tax ID:Multiple
Heating & Cooling
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Heating & Cooling:Natural Gas, Electric, Multiple Units
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Heating & Cooling:Forced Air, Wall
Utilities
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Water:Municipal
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Sewer:Municipal
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TV/Internet:Cable Internet
Appliances
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Appliances:Refrigerator, Oven/Range, Washer, Dryer
Schools
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School District:Benzie County Central Schools
The Community
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Subdivision:MI
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Development Amenities:None
Parking
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Primary Garage:None
Extra Units
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Total # of Units:18
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/2/24
Mar 2, 2024
|
Listed / Active | NGLRMLS | $1,300,000 | |
|
8/11/23
Aug 11, 2023
|
Listed / Active | NGLRMLS |
