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Mixed-Use Building with Storefront

249 S Benzie, Beulah, MI 49617

For Sale
$375,000

A remodeled retail suite is available alongside leased commercial and residential space.

Property SizeContact for details
Days on Market51

Property Features for 249 S Benzie

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes
Mixed-Use Components retail, residential

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

Tenant in Place Yes

Amenities

dedicated storage spaces

Building Details

Year Built 1934
Buildings 1
Tenancy Multi
Listing Agency: Stapleton Realty
Listed By: Christine Stapleton · License MI #6504271071
Source: Jabachler
Added: Sep 25 Changed: Nov 11 Last Checked: Nov 13 at 1:18AM

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 Stapleton Realty

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property contains 1,500 square feet of commercial area arranged as two units, plus an updated 900-square-foot, one-bedroom apartment. The apartment and one retail unit are leased; the remaining storefront suite is available. A 1,500-square-foot basement has framed storage areas for tenants and space for building utilities.

The building is in downtown Beulah, near Crystal Lake, and is zoned Commercial. Area amenities include beaches, village services, shopping and dining, as well as the Betsie Valley biking and hiking trail. US-31 provides access toward Traverse City and Manistee, while M-115 connects toward Lake Michigan and Frankfort to the west and Crystal Mountain to the east.

Key Highlights

  • 1,500 square feet of commercial space across two units
  • Updated 900‑square‑foot, one‑bedroom apartment
  • Apartment and one commercial unit are leased; the other storefront suite is available

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 49617, MI

3,285
Population
2,684
Households
1.2
Avg Household Size
54
Median Age
35%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
72
Density / Sq Mi
$66,844
Median Household Income
$32,514
Median Earnings
$657
Median Rent
$268,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A remodeled retail suite is available alongside leased commercial and residential space.
Where is this mixed-use property located?
The property is located at 249 S Benzie Beulah, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,500 square feet of commercial space across two units; Updated 900‑square‑foot, one‑bedroom apartment; Apartment and one commercial unit are leased; the other storefront suite is available
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