Homes for sale - 132 Ames Street, Elk Rapids, MI 49629

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Stacy Allman

stacy@mipropertiesnorth.com +1(231) 944-5296

Listed by Erica S Marshall • REO-TCFront-233021

$ 399,000

Est. payment | -/mo

1,344 SqFt

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$ 399,000

Est. payment | -/mo

Save Virtual Tour

1,344 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,344 sqft

Price per Sqft $296

Subdivision Mi

MLS Listing ID 1940315

Year Built 1996

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 100 X 85

Property Sub-Type Retail/Commercial

Property Description

Outstanding investment opportunity in the Village of Elk Rapids. This well-maintained 1,670 sq. ft. multi-use commercial property offers high visibility in a strong traffic corridor with municipal water/sewer, paved parking, and energy-efficient systems, including natural gas forced air heat and central air. This property is ideal for office, retail, or a live-work setup, all within walking distance to schools, the grocery store, golf course, and downtown waterfront attractions. The front unit is approximately 1,120 sq. ft. and features 3 bedrooms, 1 bath, and in-unit laundry. It can be used commercially or residentially, creating numerous income strategies for an owner-operator or investor. The back unit is a fully furnished 550 sq. ft. efficiency apartment with 1 bedroom, 3/4 bath, kitchen, and its own washer and dryer. This unit includes an existing short-term rental permit, making it immediately ready for STR income, or it may be used as a long-term rental. Both units can also be reconnected if a future buyer prefers a single-family home layout. There are plenty of parking with 10 paved spaces, plus a partially fenced outdoor space in the backyard. The home is both stick-built and BOCA. It has a beautifully landscaped yard with a sprinkler system and drip lines in the flower beds. Proximity to multiple recreation areas adds more appeal: Elk Lake's Rotary Park and boat launch are just one mile south, Damn Beach and East Bay are a mile west with over 1,100 ft. of sandy shoreline, and Bass Lake is one mile north for fishing and outdoor enjoyment. Live, work, rent, or operate — this versatile investment in a desirable Lake Michigan community checks all the boxes.

Location

State MI

County Antrim

Zoning Commercial

Rooms

Basement Crawl Space, Slab

Interior

Heating Forced Air, Central Air

Cooling Forced Air, Central Air

Exterior

Exterior Feature Vinyl

Roof Type Asphalt

Present Use Bed & Breakfast

Road Frontage Public Maintained, Blacktop

Total Parking Spaces 10

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 05-43-275-011-00

Ownership Private Owner

Acceptable Financing Conventional Mortgage, Commercial Loan, Cash, 1031 Exchange

Listing Terms Conventional Mortgage, Commercial Loan, Cash, 1031 Exchange

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Stacy Allman

Broker/Owner | Lic# 6502433438

stacy@mipropertiesnorth.com

+1(231) 944-5296

108 E Main St Kinglsey MI 49649

132 Ames Street Elk Rapids, MI 49629

Stacy Allman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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132 Ames Street