About 10774 S Us-31
Prime Business Opportunity on US 31 Elk Rapids/Traverse City Corridor! Positioned on one of Northern Michigan's most traveled routes. This 1.4 acre multi-building property is zoned R2, allowing for a wide range of uses. Located just 2 miles south of Elk Rapids, 12 miles north of Traverse City and 7 miles from Flintfields and the Traverse City Equestrian Festival that runs June through September. In particular this property has the Elk Rapids Township approval for 3 SHORT and LONG term rental units across 2 buildings which can potentially capture the lucrative summer rental period. Each unit is completely furnished with full kitchens, washers and dryers, and reverse osmosis drinking water.Two of the three units are protected by a fire suppression system and Generac generator. Also included is a Deeded 200' private shared beach on beautiful East Grand Traverse Bay- one mile south at the end of Sunset Shores Rd. Strategically located, this is a one of a kind property and is ideally suited for serving equestrian visitors, seasonal tourism and destination clients.
Features of 10774 S Us-31
| MLS® # | 1941715 |
|---|---|
| Price | $749,900 |
| Bathrooms | 7.00 |
| Square Footage | 5,500 |
| Acres | 1.44 |
| Year Built | 1940 |
| Type | Multi-Family |
| Sub-Type | Multi Family |
| Style | Apartment |
| Status | Active |
| Lake | Grand Traverse Bay |
Community Information
| Address | 10774 S Us-31 |
|---|---|
| Subdivision | Sunset Shores |
| City | Williamsburg |
| County | Antrim |
| State | MI |
| Zip Code | 49690 |
Amenities
| Parking | Two Car, Paved, Attached |
|---|---|
| Is Waterfront | No |
| Waterfront | Great Lake, Lake, All Sports, Sandy Bottom |
| Has Pool | No |
Interior
| Interior Features | In-Law Floorplan, Storage, Formal Dining Room, Great Room, Pantry, Cable TV, High Speed Internet |
|---|---|
| Appliances | Refrigerator, Oven/Range, Dishwasher, Washer, Dryer |
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air, Multi Units |
| Has Basement | Yes |
| Basement | Partial, Interior Entry |
| Fireplace | No |
| Fireplaces | Other |
| # of Stories | 1 |
| Stories | One and One Half |
Exterior
| Exterior Features | Sidewalk |
|---|---|
| Lot Description | Landscaped |
| Roof | Asphalt |
| Construction | Frame, Vinyl Siding |
| Foundation | Block |
School Information
| District | Elk Rapids Schools |
|---|
Additional Information
| Days on Market | 136 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Annually |
Listing Details
| Office | REMAX Of Elk Rapids |
|---|