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115 N Michigan Avenue

Beulah, MI 49617
  • $1,295,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 1930777
UPDATED: 40 min ago
$1,295,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,000
    SQFT
  • $144
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Ratings & Info

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!

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-05-19T20:52:04.11.
www.housestraversecity.com/homes/160238983
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115 N Michigan Avenue Beulah, MI 49617

  • Price: $1,295,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 40 min ago
  • MLS #: 1930777
0
Beds
0
Baths
0
½ Baths
0.31
Acres
9,000
SQFT
$144
$/SQFT
1935
Built
Neighborhood:
Eden Brook Condomindiums
County:
Benzie
Area:
Benzie
School District:
Benzie County Central Schools
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!
Exterior Features

Additional Buildings None Construction Timber Frame Exterior Features None Exterior Finish Wood Lot Dimensions 150x90 Primary Garage None Road Public Maintained Roof Asphalt Water Features Creek

Interior Features

Appliances Equipment RefrigeratorOven/RangeWasherDryer Fireplace And Stoves Fireplace Foundation Poured Concrete Heating Cooling Type Forced AirWall Interior Features Other

Property Features

Deeded Waterfront No Development Amenities None Documents On File LBP Disclosure Heating Cooling Sources Natural GasElectricMultiple Units Included In Lease Not For Lease Lease Terms Not For Lease Listing Agreement Type Exclusive Right to Sell Mineral Rights No Possession Negotiable Property Type Condominium Section Number 23 Sewer Municipal Style 2 Story Terms Conventional MortgageCash1031 ExchangeLand Contract/PMM Township Benzonia Tv Service Internet Avail Cable Internet Type Of Ownership Private Owner Univs Design Barrier Free None Water Municipal Zoning Use Restrictions ResidentialMulti-FamilyCommercialDeed RestrictionsRental History

Listing information © 2025 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Keller Williams Northern Michi: 231-947-8200.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-05-19T20:52:04.11.
 
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Traverse City MI, 49684