$385,000
$395,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
5,395 SqFt
SOLD DATE : 11/17/2022
Key Details
Sold Price $385,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,395 sqft
Price per Sqft $71
Subdivision Village Of Elberta
MLS Listing ID 78001326127
Sold Date 11/17/22
Originating Board Aspire North REALTORS®
Year Built 1863
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 75 X 115,7
Property Description
M 22, the iconic Michigan Highway and the Betsie Valley Trailhead location. Great income opportunity. Commercial building located in beautiful downtown Elberta, Michigan. This building has been completely renovated and has a 98% rental success rate. Now occupied are the three rental apartments upstairs the two vacant commercial spaces on the street level have endless opportunity. The four car garage on the south corner of the property is leased individually and fully occupied.
Location
State MI
County Benzie
Zoning Commercial,Residential
Interior
Heating Forced Air, Hot Water, Central Air
Heat Source Natural Gas
Exterior
Pool No
Roof Type Metal
Accessibility Disabled Access
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Vinyl
Others
Tax ID 0650109400
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other, Trade/Exchange
Listing Terms Cash, Conventional, Other, Trade/Exchange
Financing Cash,Conventional,Other,Trade/Exchange
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Bought with Century 21 Northland-Frankfort
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