115 N Michigan Avenue
Beulah, MI 49617
- – beds
- – baths
- 9,000 sqft
- 13,504 sqft lot
- $143 per sqft
- – on site
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!
Last checked:
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Last updated Feb 11, 2025
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MLS# 1930777 —
The Building
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Year Built:1935
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Construction:Timber Frame
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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 Finish:Wood
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Exterior Features:None
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Univs Design/Barrier Free:None
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Eco Features:no
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SqFt:9000
Interior
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Interior Features:Other
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Fireplace and Stoves:Fireplace
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
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Lot Dimensions:150x90
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Acres:0.31
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Zoning:Residential, Multi-Family, Commercial, Deed Restrictions, Rental History
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Additional Buildings:None
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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:143.89
Listing Agent
- Contact info:
- Agent phone:
- Office phone:
- (231) 947-8200
Taxes
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Tax ID:Multiple
Heating & Cooling
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Heating & Cooling:Electric, Multiple Units, Natural Gas
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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 |
|---|---|---|---|---|
|
2/11/25
Feb 11, 2025
|
Listed / Active | NGLRMLS | $1,295,000 |
