$399,000

132 Ames Street, Elk Rapids, MI 49629

  • 2 baths |
  • 1,344 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $297/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Outstanding investment opportunity in the Village of Elk Rapids. This well-maintained 1,670 sq. ft. multi-use commercial property offers high visibility in a strong traffic corridor with municipal water/sewer, paved parking, and energy-efficient systems, including natural gas forced air heat and central air. This property is ideal for office, retail, or a live-work setup, all within walking distance to schools, the grocery store, golf course, and downtown waterfront attractions. The front unit is approximately 1,120 sq. ft. and features 3 bedrooms, 1 bath, and in-unit laundry. It can be used commercially or residentially, creating numerous income strategies for an owner-operator or investor. The back unit is a fully furnished 550 sq. ft. efficiency apartment with 1 bedroom, 3/4 bath, kitchen, and its own washer and dryer. This unit includes an existing short-term rental permit, making it immediately ready for STR income, or it may be used as a long-term rental. Both units can also be reconnected if a future buyer prefers a single-family home layout. There are plenty of parking with 10 paved spaces, plus a partially fenced outdoor space in the backyard. The home is both stick-built and BOCA. It has a beautifully landscaped yard with a sprinkler system and drip lines in the flower beds. Proximity to multiple recreation areas adds more appeal: Elk Lake’s Rotary Park and boat launch are just one mile south, Damn Beach and East Bay are a mile west with over 1,100 ft. of sandy shoreline, and Bass Lake is one mile north for fishing and outdoor enjoyment. Live, work, rent, or operate — this versatile investment in a desirable Lake Michigan community checks all the boxes.

Listing Status:
Active
Listing Office:
REO-TCFront-233021 : 231-947-9800
Listing Agent:
Erica S Marshall : 210-286-8954
MLS ID:
1940315
  • Basement: Crawl Space
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Disability Feature: Accessible Approach with RampGrip-Accessible Features
  • Eco/Green Feature: Not ApplicableNot Applicable
  • Parking: Parking LotParking spaces: 10
  • Roofing: Asphalt
  • General: FrameVinyl SidingSlab
  • Road/Access: Asphalt
  • HOA Amenities: Annually
  • Originating MLS: NGLRMLS API
  • County: Antrim
  • Zoning: LOTS 35 & 36; ALSO THE N 8.25 FT M/L OF VACATED ALLEY LYING S OF LOTS PLAT OF RANKINS ADD TO EAST ELK RAPIDS
  • Water: Public
  • Sewer: Public Sewer
  • Source: NGLRMLS API
  • Ownership: Private Owner

This listing courtesy of Erica S Marshall, REO-TCFront-233021

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Lakeland Elementary School

616 Buckley St, Elk Rapids, MI, 49629

Grades PK-5

0.44 miles away

C

Cherryland Middle School

707 E 3rd St, Elk Rapids, MI, 49629

Grades 6-8

0.59 miles away

S

Sunrise Academy

97 Lake St, Elk Rapids, MI, 49629

Grades 9-12

0.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.