Real Estate in the Sleeping Bear and Grand Traverse Regions
Burt & Julie Williams
231-518-4043231-518-4043

115 N Michigan Avenue , Unit 1, Beulah, MI 49617 (MLS # 1856379)

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PRICE $4,700
SIZE 8,721 sq ft
LOT SIZE 1.50 ac

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 d├ęcor, 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.

DAYS ON MARKET 158 LAST UPDATED 1/14/2019
YEAR BUILT 1948 COUNTY Benzie
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
BUSINESS INCL Yes
CLASS Commercial
CONSTRUCTION Frame
DEEDED WATER No
DOCUMENTS ON FILE Legal Description
ECO FEATURES No
EXTERIOR FEATURES Vinyl
EXTRAS Furniture/Fixtures, Sprinkler System
FOUNDATION Crawl Space, Partial
FULLTIME EMPL None
HEATING/COOLING SOURCE Natural Gas
HEATING/COOLING TYPE Central Air, Forced Air
INCLUDED IN LEASE Snow Plowing
INVENTORY INCL No
LISTING SYNDICATION Yes
LOCATION Freestanding
OCCUPIED No
ORIGINATING MLS TAAR
PARKING Parking Lot
PRESENT USE Bar, Restaurant/Food Service, Retail Store
RANGE R 15W
ROAD Blacktop, Public Maintained
ROOF Asphalt
SALE OR LEASE For Lease
SALE/RENT For Rent
SECTION # 23
SEWER Municipal
TERMS Cash, Commercial Loan, Net Lease (NNN), Owner Assist (L/C), Purchase Money Mortgage
TOWN T 26N
TOWNSHIP Benzonia
TYPE Hospitality
TYPE OF OWNERSHIP Private Owner
UNIVS DESIGN/BARRIER FREE Extra Wide Hallways, Main Floor Access
VACANT LAND No
VARIABLE RATE No
WATER Municipal Water
ZONING Commercial

ZESTIMATE
  115 N Michigan Avenue , Unit 1, Beulah, MI

RENT ZESTIMATE
  115 N Michigan Avenue , Unit 1, Beulah, MI

36 Car-Dependent



 
CONTACT US ABOUT 115 N MICHIGAN AVENUE , UNIT 1
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Listing provided by Stapleton Realty. 10862 Oviatt Rd, Honor, Mi, 49640

The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright © Northern Great Lakes REALTORS ® MLS. All Rights Reserved.

Data last updated: 6/17/19 12:15 PM PDT

 

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Burt & Julie Williams

Realtors

Julie@burtandjulie.com

231-518-4043231-518-4043 main

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