3571 US-131 $475,000


    3571 US-131 Boyne Falls, MI 49713

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


    Request Info
    Days On Market: 478 42 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    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
    • BuildingFeatures
      • 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


    The TEAM

    Serving Northern Michigan

    Gaylord, Michigan

    Business: 989-732-9555


    49713 (Boyne Falls) Demographics

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

    Market Last 30 Days

    $135,000 Median Sales Price
    7 Homes Sold
    15 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

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Water Wonderland MLS, Inc © All rights reserved.