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6-Unit Apartment Building with Warehouse
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2495 US-131, Boyne Falls, MI 49713

The property is being reconfigured for rental use and includes an attached warehouse.

Property SizeContact for details
Days on Market143

Property Features for 2495 US-131

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Warehouse Space 1,600 SF
Multifamily Units 6
Listing Agency: Pure Michigan Property
Listed By: Mark Mleczewski · License #MI 6504299281
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:57PM

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 Pure Michigan Property

Investment Insights

Based on property information with market context.

Located at 2495 US-131 in Boyne Falls, Michigan, this multifamily property includes six apartment units and a 1,600-square-foot attached warehouse. The improvements are currently being reconfigured for rental use, with the existing layout offering a combination of residential and warehouse space.

The property previously operated as a restaurant and motel. The site is positioned near Boyne Mountain and is described as suitable for either short-term rental operations or month-to-month housing. Space is identified for the potential addition of four more rental units, subject to applicable approvals and construction requirements.

Key Highlights

  • Six‑unit multifamily property at 2495 US‑131, Boyne Falls, MI 49713
  • 1,600‑square‑foot attached warehouse
  • Currently being reconfigured for rental use

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Bakery Garden Center Cafe & Coffee Shop Tanning Salon

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 49713, MI

2,135
Population
1,496
Households
1.4
Avg Household Size
46
Median Age
25%
College-Educated
94%
High-School Grad
100.6 sq mi
ZIP Area
21
Density / Sq Mi
$77,375
Median Household Income
$38,156
Median Earnings
$889
Median Rent
$204,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The property is being reconfigured for rental use and includes an attached warehouse.
Where is this apartment building located?
The property is located at 2495 US-131 Boyne Falls, MI.
What are key features of this property?
This property features: Six‑unit multifamily property at 2495 US‑131, Boyne Falls, MI 49713; 1,600‑square‑foot attached warehouse; Currently being reconfigured for rental use
(906) 420-3400 Call to check price and availability
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