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$749,900
Active10774 S US-31
Elk Rapids Township, MI 49690
5,500
Square Feet
11
Beds
6
Baths
1.44
Acres
488
Days on Market
78080064882
MLS#
House
Structure
Residential
Zone
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.
Property Details
- Interior
- EntranceFoyer, Pantry
- Cooling
- 1
- Heating
- Forced Air, NaturalGas
- Cooling Features
- Central Air
- Bedrooms
- 11
- Bathrooms
- 6.0
- Full Baths
- 5
- Half Baths
- 2
- Lot Features
- Sprinklers, Wooded
- Lot Description
- Sprinklers, Wooded
- Acres
- 1.44
- Square Feet
- 5500.0
- Parking Features
- TwoCarGarage, Attached, Garage
- Parking
- 1
- Parking Type
- Garage
- Parking Garage Spaces
- 2.0
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Concrete
- Year Built
- 1940
- Sewer Information
- Septic Tank
- Utility Source
- Well
- Appliances
- Dishwasher, Dryer, Oven, Refrigerator, Range, Washer
- Subdivision
- SUNSET SHORES
- School District
- ElkRapids
- County
- Antrim
- Region
- ElkRapidsTownship_Antrim
- Original List Price
- $799,900
- Days on Market (Cumulative)
- 488
- Taxes Annual
- $10,131
- HOA Fees
- 0.0
- MLS #
- 78080064882
Location
Legal
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Provided By
Listed by Donald C Fedrigon (#78000000448253)
Listing Office: REMAX Of Elk Rapids (#78000000061049)