3571 US-131 $475,000

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    3571 US-131 Boyne Falls, MI 49713

    • 8,848 sq.ft.
    • Commercial
    MLS# 311873 | Active

    $475,000

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    Days On Market: 417 39 Views
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    Property Details

    High visibility & located right off US 131. Totals 3 detached residential buildings that combine to make up 23 units. The primary front 11 unit apartment building contains 5,040 sqft. of which 10 are studio units & one consists of a three bedroom 1 bath apartment. The two remaining buildings mirror each other. They are each approximately 1,904 sqft. & contain six studio units. Total combined gross building area is 8,848 sqft. This property spans 4.6 acres, backs up to the South Branch of Boyne River, adjoins the Wellman Nature Preserve to the south, & is only 1.1 miles from Boyne Mountain Ski Resort. The site provides onsite parking and good utility overall. The property has been substantially renovated and improved in late 2016 and early 2017 by the current owner.

    • General Features
      • Type Hospitality
      • Business Information Business Opportunity,Income Property
      • SqFt. Total 8,848
      • Extras High Visibility, Laundry
      • Subdivision T32N R5W
      • County Charlevoix
    • Building Features
      • Construction Frame
      • Total Units 23
      • Basement Slab
    • Property Features
      • Lot Size 4.6 Acres
      • Road Paved
      • Driveway Gravel
      • Internet Access DSL
      • Electric Master
      • Sewer Septic
      • Water Well
      • Gas Master
    • Schools
      • School District Boyne Falls

    Contact

    The TEAM

    Serving Northern Michigan

    Gaylord, Michigan

    Business: 989-732-9555

    Neighborhood

    49713 (Boyne Falls) Demographics

    46Median Age
    19Population Density (per sq. mile)
    33%College Educated
    $58,036Estimated Median Income
    673Estimated Total Home Owners
    84Estimated Total Renters
    89% / 11%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    1,923Total Population

    Market Last 30 Days

    $205,090 Median Sales Price
    8 Homes Sold
    4 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $475,000
        1/30/2018 2:56:00 PM New in Database Source

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