Beulah Investment
For Sale
Contact for pricing
Pending
115 N Michigan Ave, Beulah, MI 49617
18 condo units with additional space for development.
Property Size18,000 SF
Days on Market808
Property Features for 115 N Michigan Ave
General Information
Standard status
Pending
Size
18,000 SF
Property subtype
Multifamily
Zoning
Commercial
Occupancy
50%
Building Details
Year Built
1935
Buildings
1
Stories
2
Units
18
Listing Agency:
KW Commercial
(231) 342-8456
Listed By:
Lorri Schreiber · License #6506034931
Source:
Crexi
Added: Jun 4, 2024
Changed: Aug 8
Last Checked: Aug 20 at 11:14AM
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
Investment Insights
Based on property information with market context.
Located on the main road in Beulah, Eden Brook Place features 18 individual condo units on the upper level, offering income potential through long-term or short-term rentals. The property also includes 9,000 square feet on the lower level, previously used as a restaurant, which has been gutted to allow for customized development. Potential uses for this space 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 various northern Michigan amenities such as hiking, parks, boating, golfing, and skiing. The total property size is 18,000 square feet.
Key Highlights
- Immediate positive cash flow from 18 existing condo units
- 9,000 sq ft lower level space adaptable for various revenue‑generating ventures
- Prime location on the main road in Beulah
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18 condo units with additional space for development.
Where is this apartment building located?
The property is located at 115 N Michigan Ave Beulah, MI.
What is the asking price?
The asking price for this property is $1,295,000.
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 ventures; Prime location on the main road in Beulah
