$4,700

115 N Michigan Avenue

Beulah MI, 49617

Description

This exciting, turn-key venture is in a popular, four-season tourist town on a busy highway. The first floor of the Eden Brook building, on US-31 near all-sports Crystal Lake in Beulah, 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. Triple net lease. For sale $395,000. Also entire building which includes 18 condominiums all currently rented for $995,000. 23 units total.

Details

MLS#1856379
StyleIndustrial
Sub-TypeLease
StatusActive
Year1948
Days On Site275

Features

SQ Feet8,721
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:
$4,700
low | high
Med:
$109,900
100% of Average
SqFt:
8,721
low | high
Med:
864
100% of Average
$ / SqFt:
$1
low | high
Med:
$32
100% of Average
On Site:
275
low | high
Med:
45
100% of Average
Listing Updated: 10/12/2019
MLS Number: 1856379
Listing Provided By:
Stapleton 4700  of  Stapleton Realty
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