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Listed by Mark Mleczewski • Pure Michigan Property
$675,000
Est. payment /mo
Active
US-131 Boyne Falls, MI 49713
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Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Subdivision T32N R5W
MLS Listing ID 201834714
Property Sub-Type Hospitality
Source Water Wonderland Board of REALTORS®
Property Description
Investment Opportunity in Boyne Falls! Location, location, location! This 6-unit multi-family property with 1600 sq ft attached warehouse offers year-round income potential & room to add 4 additional units. Formerly a full-service restaurant & motel, the property is currently being reconfigured to maximize rental income. Operate it as an Airbnb-style short-term rental or month-to-month housing, the possibilities are endless. Ideally situated in the heart of Northern Michigan's recreation hub & just steps from Boyne Mt make it perfect for skiers, golfers & outdoor enthusiasts alike. Surrounded by world-class golf, dining, skiing, fishing & hunting, this is your chance to create a cash-flowing investment that captures the spirit of an Ernest Hemingway-style Northern Michigan experience.
Location
State MI
County Charlevoix
Community T32N R5W
Area T32N R5W
Zoning Commercial
Direction From C-48 and US-131, proceed one half mile south on US-131 to the subject property on the east side of US-131.
Building
Sewer Septic
Others
Tax ID 041-015-039-15 and 041-015-039-10
Acceptable Financing Land Contract, Conventional Mort, Cash
Listing Terms Land Contract, Conventional Mort, Cash