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132 Ames St Elk Rapids, MI 49629

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For Sale
Pending
$399,000

Multi-use commercial property in Elk Rapids with income potential.

Lot size:
0.19 Acres

Property Features for 132 Ames St

General Information

Property type
Commercial
Standard status
Pending
Lot size
0.19 Acres

Building Details

Year built
1996

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Listing Contact
Laura K Cobb
Source: Elliman

Listing Agent: Laura K Cobb

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Versatile Elk Rapids Investment Property

This 1,670 sq. ft. multi-use commercial property in Elk Rapids offers an investment opportunity with high visibility in a strong traffic corridor. The property benefits from municipal water and sewer services, paved parking, and energy-efficient systems, including natural gas forced air heat and central air. Suited for office, retail, or a live-work setup, it is within walking distance of schools, a grocery store, a golf course, and downtown waterfront attractions. The front unit, approximately 1,120 sq. ft., features 3 bedrooms, 1 bath, and in-unit laundry, and can be used commercially or residentially. The back unit is a fully furnished 550 sq. ft. efficiency apartment with 1 bedroom, a 3/4 bath, a kitchen, and its own washer and dryer. This unit includes an existing short-term rental permit, making it ready for STR income, or it may be used as a long-term rental. Both units can also be reconnected if a future buyer prefers a single-family home layout. There are 10 paved parking spaces, plus a partially fenced outdoor space in the backyard. The home is both stick-built and BOCA. The landscaped yard includes a sprinkler system and drip lines in the flower beds. Elk Lake’s Rotary Park and boat launch are one mile south, Damn Beach and East Bay are a mile west with over 1,100 ft. of sandy shoreline, and Bass Lake is one mile north.
Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Elk Rapids
County
Antrim
State
Michigan
Longitude
-85.403914
Latitude
44.900019

FAQs

What type of property is this?
Mixed-use property - Multi-use commercial property in Elk Rapids with income potential.
Where is this mixed-use property located?
The property is located at 132 Ames St Elk Rapids, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: - Versatile multi-use commercial property (1,670 sq. ft.) suitable for office, retail, live-work, or residential use, offering diverse income strategies.; - Includes a **fully furnished 550 sq. ft. efficiency apartment with an existing short-term rental permit** for immediate STR income.; - **High-visibility location** in a strong traffic corridor in the Village of Elk Rapids, with municipal water/sewer and paved parking.
More about this property
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