115 N Michigan Ave, Beulah, MI 49617

Building Details

Year Built

1935

Listing office KW Commercial l***@kw.com Show Phone

Listing date Jun 4, 2024

Source Crexi

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Overview

Located on the main road in Beulah, Eden Brook Place features 18 individual condo units on the upper level, offering income potential through long-term or short-term rentals. The property also includes 9,000 square feet on the lower level, previously used as a restaurant, which has been gutted to allow for customized development. Potential uses for this space include additional condos, office space, retail, a banquet facility, or corporate meeting events. The property is located steps away from Crystal Lake and close to various northern Michigan amenities such as hiking, parks, boating, golfing, and skiing. The total property size is 18,000 square feet.

Suggested Use

Building Supply Auto Parts Store Storage Facility Auto Repair Shop Gym & Fitness Center Discount Store Furniture & Home Goods Skin Care Clinic Electrical Service Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Beulah

County

Benzie

State

Michigan

Longitude

-86.089738

Latitude

44.6333516

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FAQs

What type of property is this?

Apartment building - 18 condo units with additional space for development.

Where is this apartment building located?

The property is located at 115 N Michigan Ave Beulah, MI.

What is the asking price?

The asking price for this property is $1,295,000.

What are key features of this property?

This property features: Immediate positive cash flow from 18 existing condo units; 9,000 sq ft lower level space adaptable for various revenue‑generating ventures; Prime location on the main road in Beulah