US-131, Boyne Falls, MI 49713 (MLS# 201834714)
US-131, Boyne Falls, MI 49713
$675,000
Property Type:
Commercial
Status:
Active
Current Price:
$675,000
List Date:
5/21/2025
Last Modified:
5/27/2025
Description
Investment Opportunity in Boyne Falls! Location, location, location! This 6-unit multi-family property with 1600 sq ft attached warehouse offers year-round income potential & room to add 4 additional units. Formerly a full-service restaurant & motel, the property is currently being reconfigured to maximize rental income. Operate it as an Airbnb-style short-term rental or month-to-month housing, the possibilities are endless. Ideally situated in the heart of Northern Michigan's recreation hub & just steps from Boyne Mt make it perfect for skiers, golfers & outdoor enthusiasts alike. Surrounded by world-class golf, dining, skiing, fishing & hunting, this is your chance to create a cash-flowing investment that captures the spirit of an Ernest Hemingway-style Northern Michigan experience.
More Information MLS# 201834714
Contract Information
Current Price: $675,000
Begin Date: 2025-05-16
List Price: $675,000
Status: Active
Property Information
Type: Hospitality
Realtor.com Type: Commercial
For Sale or Rent: S
Lot Size Dimensions: .35
Bus/Invtry Descrip: Multi-family commercial property.
Location Tax and Legal
County: Charlevoix
Street Name: US-131
State: MI
Zip Code: 49713
Subdivision or T/R: T32N R5W
Directions and Remarks
Directions: From C-48 and US-131, proceed one half mile south on US-131 to the subject property on the east side of US-131.
Sign
Sign: No
Taxes and Possession
Association Dues: No
Property Features
Business Information: Business Opportunity; Income Property
Construction: Brick; Frame
Electric: On Site
Gas: On Site
Water: Municipal
Sewer: Septic
Road: Blacktop
Drive: Blacktop
Occupant: Tenant
Showing Instructions: Appointment Only; Showingtime
Terms: Cash; Conventional Mort; Land Contract
Listing Office: Pure Michigan Property
Last Updated: May - 27 - 2025
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