Beulah Investment
115 North Michigan Avenue, Beulah, MI 49617
18 condos plus 9,000 SF of commercial space.
Type:LH, MF
Property size:
9,000 SFPrice / SF:
$144/SF- Added:
- Dec 31, 2024
- Days on Market:
- 509
- 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
Listing agent Lorri Schreiber License #6506034931, Michigan (231) 342-8456
Listing office KW Commercial | Traverse City (231) 342-8456
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
HighLights
- 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.
- Steps away from Crystal Lake.
- Potential for long‑term or short‑term rental income.
- Close proximity to numerous Northern Michigan amenities (hiking, boating, golfing, skiing).
Overview
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
Location Intelligence
Current Use by Public Records
Eden Brook Place
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Beulah
- County
- Benzie
- State
- Michigan
- Longitude
- -86.089738
- Latitude
- 44.6333516
Nearby Similar for Sale
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.
