312 Pne St, Elk Rapids, MI 49629-9535

This exceptional mixed-use property, located at 312 Pine Street in Elk Rapids, Michigan, presents a unique investment opportunity. Situated on a large double lot at the southwest corner of Pine and Chippewa Streets, this 3,475 square foot building offers significant potential. A 960 square foot garage is also included. The property is conveniently located just three blocks from downtown Elk Rapids, providing easy access to local amenities and businesses. Currently zoned R-2, the property enjoys grandfathered commercial use. However, a deed restriction against funeral homes and related uses will be in place for five years. Any other commercial use will require zoning approval. Permitted uses without Village approval include a duplex or two single-family homes. Other potential uses, subject to Village approval, include daycare, senior facilities, or a church. Given its size and proximity to downtown, this property is also well-suited for residential conversion. The asking price for this versatile property is $595,000. The zip code is 49629. This is an excellent opportunity for an investor seeking a property with diverse development possibilities in a desirable location. The property is located in Antrim County.