2370 M-137
Interlochen, MI 49643
MLS #1823584

Commercial
  • 2,755sq ft
$320,000
Est. P&I payment: $1222.18/mo
2370 M-137, Interlochen, MI 49643
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Description for 2370 M-137, Interlochen, MI 49643
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!
MLS #1823584
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My Notes for MLS #1823584

General Features

  • Property Type: Mixed Use
  • Total Finished SqFt: 2,755
  • Number of Acres: 0.23
  • Lot Dimensions: 100x100
  • Approx Year Built: 1975
  • Zoning: Commercial

Exterior Features

  • Parking Spaces: 12
  • Vacant Land: No
  • Roof: Asphalt,​Metal
  • Exterior Features: Vinyl,​Wood
  • Parking: Parking Lot

Interior Features

  • Number of Restrooms: 3

Utilities Features

  • Heating/Cooling Source: Natural Gas
  • Heating/Cooling Type: Forced Air
  • Water: Private Well
  • Sewer: Private Septic
  • Energy Efficient: Not Applicable

Financial Features

  • Sale/Rent: For Sale
  • Price Per SQFT: 116.15
  • Sale or Lease: For Sale
  • Type of Ownership: Private Owner
  • Variable Rate: No
  • Terms: Commercial Loan,​Cash
  • Included in Lease: None

Community Features

  • Development Name: Martins Addition

Misc Features

  • Deeded Waterfront: No
  • Business Name: Mixed Use
  • Year Updated: 1989
  • Year Remodeled: 2010
  • ECO Features: No
  • Business Included: Yes
  • Inventory Included: No
  • Present Use: Retail Store,​Other,​Mini-Storage,​Garden Store
  • Foundation: Slab
  • Possession: At Closing
  • Construction: Frame

Location

 
Street View Not Available
Directions to 2370 M-137, Interlochen, MI 49643
From Traverse City US 31 South to Interlochen corners Go South on M-137 1 half a mile to the Dove Song on the right
Listing information for 2370 M-137, Interlochen, MI 49643 was graciously provided by our friends at the listing brokerage, BOUWMAN REALTY GROUP 2784 M-137, Interlochen, MI 49643

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P&I Payment $1222.18
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Last Updated 11/21/2017 at 4:59am
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