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For sale
  • $1,295,000

    115 N Michigan Ave, Beulah, MI 49617

    --beds
    --baths
    9,000sqft
    : 
    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $144/sqft
    $-- HOA

    What's special

    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!
    74 days
    on Zillow
    |
    410
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 13, 2025 at 10:37pm

    Listed by:

    Lorri Schreiber 231-342-8456,

    Keller Williams Northern Michi 231-947-8200,

    Joe Van Antwerp 231-631-5524,

    Keller Williams Northern Michi

    Source: NGLRMLS,MLS#: 1930777MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 115 N Michigan Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Forced Air, Wall Furnace, Natural Gas, Fireplace(s)
    Cooling
    • Electric, Multi Units
    Appliances
    • Included: Refrigerator, Oven/Range, Washer, Dryer
    Features
    • Other, High Speed Internet
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 9,000 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: None
    • Waterfront features: Creek
    Lot
    • Size: 0.31 Acres
    • Dimensions: 150 x 90
    Details
    • Additional structures: None
    • Parcel number: Multiple
    • Zoning description: Residential,Multi-Family,Commercial,Deed Restrictions,Rental History

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Timber Frame, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Subdivision: Eden Brook Condomindiums
    Location
    • Region: Beulah

    Financial & listing details

    • Price per square foot: $144/sqft
    • Price range: $1.3M - $1.3M
    • Date on market: 2/11/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional,Cash,1031 Exchange,Land Contract/PMM
    • Ownership type: Private Owner
    • Lease term: Not For Lease
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