115 N Michigan Avenue Active Save Request In-Person Tour Request Virtual Tour
Benzonia Twp,MI 49617
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Eden Brook Condomindiums
MLS Listing ID 78080054160
Year Built 1935
Lot Size 0.310 Acres
Property Description
Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!
Location
State MI
County Benzie
Area Benzonia Twp
Zoning Commercial,Multi-Family,Residential
Interior
Heating Forced Air,Wall/Floor Furnace
Cooling Wall Unit(s)
Exterior
Waterfront Description Creek
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood
Schools
School District Benzie County Central
Others
Acceptable Financing Cash,Contract,Trade/Exchange
Listing Terms Cash,Contract,Trade/Exchange