About 4987 Loeb Road
Seize this opportunity to own a 3-building residential compound situated on 2 acres. Currently configured as 7 finished, leased units, the property is approved for up to 8 total units, offering an immediate value-add opportunity for the astute investor. Whether managed as a dedicated income property or utilized for a blend of owner-occupancy and rentals, this flexible layout caters to a variety of strategies. Ample land, established buildings, and a clear path to maximum density make this a standout acquisition.
Features of 4987 Loeb Road
| MLS® # | 480480 |
|---|---|
| Price | $1,495,000 |
| Bedrooms | 8 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 6,317 |
| Acres | 2.00 |
| Type | Commercial |
| Sub-Type | Commercial/Industrial |
| Status | Active |
| Water Front/Water Access | Neither |
Community Information
| Address | 4987 Loeb Road |
|---|---|
| City | Charlevoix |
| County | Charlevoix |
| State | MI |
| Zip Code | 49720 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Natural Gas |
|---|---|
| Has Basement | No |
| Stories | Other |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Construction | Wood Frame, Block |
School Information
| District | Charlevoix |
|---|
Additional Information
| Zoning | Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Matthew Murray |
|---|---|
| Office | Berkshire Hathaway HomeServices Real Estate |