10774 S Us-31

Elk Rapids Twp, MI 49690
  • $749,900

    Price
  • 4,400

    SqFt
  • 1.44

    Acre

About the Listing 78000000061049 - 78000000448253

Prime Business Opportunity on US 31 Elk Rapids/Traverse City Corridor! Positioned on one of Northern Michigan's most traveled routes. This 1.4 acre multi-building property is zoned R2, allowing for a wide range of uses. Located just 2 miles south of Elk Rapids, 12 miles north of Traverse City and 7 miles from Flintfields and the Traverse City Equestrian Festival that runs June through September. In particular this property has the Elk Rapids Township approval for 3 SHORT and LONG term rental units across 2 buildings which can potentially capture the lucrative summer rental period. Each unit is completely furnished with full kitchens, washers and dryers, and reverse osmosis drinking water.Two of the three units are protected by a fire suppression system and Generac generator. Also included is a Deeded 200' private shared beach on beautiful East Grand Traverse Bay- one mile south at the end of Sunset Shores Rd. Strategically located, this is a one of a kind property and is ideally suited for serving equestrian visitors, seasonal tourism and destination clients.

Listing Highlights

Status Active
Days on Site 254
Property Type Multi-Family
MLS ® 78080064890
Year Built 1940
Total Square Footage 4,400
Lot/Acreage 1.44
County Antrim
Neighborhood Sunset Shores
School District Elk Rapids

Interior Details

  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 4400
  • Basement: Basement
  • Other: 1 1/2 Story,Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Lot Description: All Sports Lake
  • Garage Capacity: N/A
  • Lot Dimensions: 218x276x220x352
  • Zoning: Multi-Family,Residential
  • Roof:
  • Others:
  • Sewer: Septic Tank (Existing)
  • Parking Features: Garage

Financial Details

  • Tax Amount: $10,131
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 050655003700
  • Tax Year: N/A

Payment Calculator

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Questions About..

10774 S Us-31 Elk Rapids Twp, MI 49690

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Originating MLS: Aspire North REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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