$995,000

115 N Michigan Avenue

Beulah MI, 49617

Description

This exciting, turn-key venture is in a popular, four-season tourist town on busy US-31 near all-sports Crystal Lake in Beulah. The second floor is 18 condominiums which are all currently leased. Rental income supports entire building. Could also be used as hotel rooms. The first floor of the Eden Brook building, is currently set up for destination dining with multiple points of sale: Restaurant & Banquet Hall (170 total seating), Full Bar, Reception Area with space for dining or retail sales (baked goods, gifts, wine/beer), and a Staging Room large enough to lease to several vendors or to establish a dedicated tasting room, boutique or full bakery. With 8,712 square feet, including fixtures, equipment & furniture, plus upgraded electrical, mechanical & plumbing (2012), you can start right up or transform the air-conditioned space into an amazing winery or craft brewery. All of the ambient elements for a relaxing, excellent experience are there: sunny & bright dining areas with beautiful views, stone surround fireplace, attractive pub with wood dcor, and a large, outdoor deck overlooking a stream & nature preserve. Plenty of square footage for any commercial use. Bring your dream to Beulah.

Details

MLS#1856378
StyleIndustrial
Sub-TypeResale
StatusActive
Year1948
Days On Site276

Features

SQ Feet17,600
Story(s)1
ZoningCommercial

Market Activity 49617

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Area Information

StateMI
CountyBenzie
CityBeulah
Zip Code49617
AreaBenzie
Listing VS Median (in 49617)
Price:
$995,000
low | high
Med:
$109,900
100% of Average
SqFt:
17,600
low | high
Med:
864
100% of Average
$ / SqFt:
$57
low | high
Med:
$32
93.718592964824% of Average
On Site:
276
low | high
Med:
46
100% of Average
Listing Updated: 10/13/2019
MLS Number: 1856378
Listing Provided By:
Stapleton 995000  of  Stapleton Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.