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Rita Rathburn

231-409-3035
  • MLS® #: 1823584
  • 2370 M-137

  • Interlochen, Michigan 49643
  • $320,000
  • 3 Bath, 2755 SQ. Feet, 0.23 Acres
  • Commercial

Wonderful Investment Opportunity - 3 Buildings zoned "mixed use"- all can be used for commercial or residential purposes. Two of the buildings are on high traffic M-137, a perfect spot for a multitude of businesses and the third is directly behind on W. Railroad Past successful businesses included a boutique, florist, law office and massage therapist. Could open a business live in one of the other structures and make rental income off the third. The Business includes 3 structures: 1. Building One is approximately 1102 sq ft and is situated directly on M-137 - just renovated.Would make an excellent store front but also has a bathroom, full kitchen, 2 bedrooms & washer and dryer, could be a residential rental or a home for someone who wanted to run a business out of their home. Currently used as a residential rental receiving $10,200 per year 2. "Building Two"is also directly on M-137; is approximately 675 sq ft. This building has an excellent rental history. It is currently used as a residential rental but could easily be converted into a retail shop or art gallery. 2 bdrs, 1 bath. Currently residential rental receiving $9000 per year. 3. "Building Three" is directly behind the other two with frontage on West Railroad Rd. This building also has an excellent rental history, currently a residential rental (but also zoned commercial). 1150 sq ft, 3 bdrs, 1 bath. Large attached Pole barn/garage with high ceiling and metal roof; garage has been rented separately from house as a resale shop & storage unit. There are gardens on the grounds and a potting shed with greenhouse roof - used for potting and creating floral arrangements for resale. Currently residential rental receiving $11,400 per year. Could rent pole barn out for an approx an additional $4800 per year. The possibilities are endless with the "one of a kind" opportunity. Only 1 mile from Interlochen Center for the Arts & 13 miles to Traverse City!

Essential Information

  • MLS® #1823584
  • Price$320,000
  • Bathrooms3.00
  • Square Footage2,755
  • Acres0.23
  • Year Built1975
  • TypeCommercial
  • Sub-TypeMixed Use, Commercial Sale
  • StatusActive

Community Information

  • Address2370 M-137
  • SubdivisionMartins Addition
  • CityInterlochen
  • TownshipGreen Lake
  • CountyGrand Traverse
  • StateMichigan
  • Zip Code49643

Amenities

  • FeaturesOverhead Door(s)
  • Parking Spaces12
  • ParkingParking Lot

Utilities

WATER: Private Well SEWER: Private Septic

Interior

  • HeatingNatural Gas, Forced Air
  • BasementSlab

Exterior

  • Exterior FeaturesVinyl, Wood
  • Lot Description100x100
  • RoofAsphalt, Metal
  • ConstructionFrame

Additional Information

  • Days on Market1087
  • ZoningCommercial
  • Ownership TypePrivate Owner
  • OfficeBOUWMAN REALTY GROUP
  • Office Address2784 M-137

Property Location

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.