115 N Michigan Avenue, Beulah, Michigan

$1,500,000

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18,000

Square feet

1.51

Acres

About 115 N Michigan Avenue

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!!

Features of 115 N Michigan Avenue

MLS® # 1914475
Price $1,500,000
Square Footage 18,000
Acres 1.51
Year Built 1935
Type Multi-Family
Sub-Type Other, Private Water Frontage
Status Active
Lake Cold Creek
Association Eden Brook Condominiums

Community Information

Address 115 N Michigan Avenue
Subdivision Eden Brook Condominiums
City Beulah
County Benzie
State Michigan
Zip Code 49617

Amenities

Utilities WATER: Municipal SEWER: Municipal
Garages None
Is Waterfront Yes
Waterfront Creek
Has Pool No

Interior

Interior Features Other
Appliances Refrigerator, Oven/Range
Heating Natural Gas, Forced Air, Other
Has Basement No
Basement Slab
Fireplace No
Fireplaces None

Exterior

Exterior Wood
Exterior Features None
Lot Description Irregular
Roof Asphalt
Construction Timber Frame, Other, Block

School Information

District Benzie County Central Schools

Additional Information

Date Listed August 11th, 2023
Days on Market 197
Zoning Residential, Multi-Family, Deed Restrictions, Building-Use Restrictions, Rental History
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Northern Michi

Listing Map

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