10131 US-31, Interlochen MI 49643 Photo 1 10131 US-31, Interlochen MI 49643 Photo 2 10131 US-31, Interlochen MI 49643 Photo 3 10131 US-31, Interlochen MI 49643 Photo 4 10131 US-31, Interlochen MI 49643 Photo 5 10131 US-31, Interlochen MI 49643 Photo 6 10131 US-31, Interlochen MI 49643 Photo 7 10131 US-31, Interlochen MI 49643 Photo 8 10131 US-31, Interlochen MI 49643 Photo 9 10131 US-31, Interlochen MI 49643 Photo 10 10131 US-31, Interlochen MI 49643 Photo 11 10131 US-31, Interlochen MI 49643 Photo 12 10131 US-31, Interlochen MI 49643 Photo 13 10131 US-31, Interlochen MI 49643 Photo 14 10131 US-31, Interlochen MI 49643 Photo 15 10131 US-31, Interlochen MI 49643 Photo 16 10131 US-31, Interlochen MI 49643 Photo 17 10131 US-31, Interlochen MI 49643 Photo 18 10131 US-31, Interlochen MI 49643 Photo 19

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10131 US-31 - Unique opportunity for someone with a vision. 36.87 acres along US 31 with its own private lake. Currently 9 rental apartments, plus 2 small homes. 6 of the acres could be zoned commercial which opens up lots of possibilities for development or upgrade the existing structures and continue leasing apartments. State nature preserve adjoins to the west. Property is being sold as is. Water frontage is approximate.New boiler and new roof on main building.

Listing information

  • MLS® ID: 1740484
  • Year Built: 1970
  • Parking Type Description: None 0 cars
  • Total Square Footage: 8,854 ($31.62 per sq. foot)
  • County: Grand Traverse
  • Property ID: 102434980
  • Status: Pending - Request Back Up Offers
  • New Construction: No
  • Lot Area: 36.87
  • School District: Traverse City Area Public Schools
  • Style: Complex
  • Stories: 0
  • Foreclosure: No
  • Lot Size: irreg
  • Body of Water: Lost Lake

Features

ADDITIONAL BUILDINGS Barn(s)
APPLIANCES/EQUIPMENT Other
CONSTRUCTION Block, Brick, Other, Timber Frame
Deeded Waterfront Yes
DEVELOPMENT AMENITIES None
DOCUMENTS ON FILE Agency Disclosure, Leases, Septic Information, Title Insurance
ECO Features No
Exterior Features Other, Seasonal View
EXTERIOR FINISH Stone, Wood
FIREPLACE AND STOVES None
FOUNDATION Full, Walkout
HEATING/COOLING SOURCES Natural Gas
HEATING/COOLING TYPE Baseboard, Forced Air, Hot Water, Steam
INCLUDED IN LEASE Exterior Maintenance, Heating/Cooling, Sewer, Snow Removal, Trash Removal, Water
Interior Features Fixer-Upper
Mineral Rights No
Other (A) # Similar Units - 8, (A) Bath - 1, (A) Bdrm - 1, (B) # Similar Units - 3, (B) Bath - 1, (B) Bdrm - 2, (C) # Similar Units - 1, (C) Bath - 1, (C) Bdrm - 1, Development Name - N/A, Total # Units - 12, Water Front Footage - 2500, Year Remodeled - 1970, Year Updated - 1970
Possession At Closing, Subject to Tenants Right
PRIMARY GARAGE None
Private/Shared Private
Property Type Apartment Complex
ROAD Blacktop, Public Maintained
Roof Asphalt
STYLE 2 Story
TV SERVICE/INTERNET AVAIL Cable Internet, Cable TV
UNIVS DESIGN/BARRIER FREE None
Utilities / Sewer Private Septic, Pump Back
Water Private Well
Water Features Water View
ZONING/USE/RESTRICTIONS Non-Conforming Use
Listed by John Washburn of Coldwell Banker Schmidt REALTORS 231-922-2350