8306 NE US 131 Mancelona, MI 49659

Price $895,000

Property Type Business Op

County Antrim

TTL Sq FT.0.00

Acres 0.00

Lot Size236x360x460x140

MLS # 201827705

Remarks

Prime Investment Opportunity! This exceptional property, conveniently located at the corner of US-131 and M-66, presents a lucrative business venture. Currently operating as 25 units, with potential to expand to 27 units, this versatile space offers an array of rental options. Discover three charming 1-bedroom apartments, a spacious 2-bedroom unit, a 3-bedroom modular home, and several cozy efficiency units - some even equipped with kitchenettes. The addition of four brand-new hot water heaters ensures optimal comfort for all tenants. With on-site coin-operated laundry facilities and impressive monthly gross earnings of $18k, this is an investment not to be missed!Owner is a licensed real estate agent.


Township
Mancelona

County
Antrim

Zoning
Commercial

Road
Paved

Construction
Frame

Sewer
Septic

Zoning
Commercial

Road
Paved



Property Location

Directions: from downtown Mancelona and the intersection of US-131 Hwy and State St, Northeast on US-131 for 3/4 mile to destination on the NW side of the highway.


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