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115 North Michigan Avenue Beulah, MI 49617

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For Sale
$1,300,000

18 condos plus 9,000 SF of commercial space.

Type:LH, MF
Property size:
9,000 SF
Added:
Dec 31, 2024
Days on Market:
464
Last Refresh:
Apr 3 at 5:01 am

Property Features for 115 North Michigan Avenue

General Information

Standard status
Active
Size
9,000 SF
Property subtype
LH, MF

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Listing Contact
Lorri Schreiber
Lorri Schreiber

Listing agent Lorri Schreiber License #6506034931, Michigan

Listing office KW Commercial | Traverse City

Listing date Dec 31, 2024

Source Realnex

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

All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Traverse City


Overview

Beulah Investment Opportunity

Located on the main road in Beulah, Eden Brook Place features 18 individual condo units on the upper level, offering a potential cash flow stream through long-term or short-term rentals. The lower level, encompassing 9,000 square feet, was previously a restaurant and is currently gutted, presenting an opportunity for development. Potential uses 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 northern Michigan amenities such as hiking, parks, boating, golfing, and skiing.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Eden Brook Place Apartment Complex

Suggested Use

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

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

FAQs

What type of property is this?
Apartment building - 18 condos plus 9,000 SF of commercial space.
Where is this apartment building located?
The property is located at 115 North Michigan Avenue Beulah, MI.
What is the asking price?
The asking price for this property is $1,300,000.
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 purposes (condos, office, retail, etc.).**; Prime location on the main road in Beulah.
More about this property
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