$1,295,000

115 N Michigan Ave Beulah, MI 49617

$10,000
Closing credit¹
9,000 sqft
0.3 acres
$144 / sqft
House

Property details

About 115 N Michigan Ave

Great income opportunity with immediate, positive cash flow and lots of redevelopment potential to dramatically increase revenue even further. Located in the popular vacation destination of Beulah, Eden Brook Place boasts 18 individual units on the upper level currently leased as long-term but can easily be converted to short-term as well. Another 9,000 square feet on the lower level is currently gutted and ready for your vision: additional condos, office space, retail, banquet facility, corporate meeting events, etc. Architectural plans for additional rental units are included in the sale. It's ideal location is steps away Crystal Lake and close to many amenities including hiking, parks, boating, golfing, skiing, and many more!

Highlights

HeatingForced Air, Wall Furnace
StatusActive
Size9,000 sqft
Lot size0.31 Acres
Year built1935
MLS #1930777
WaterfrontCreek
FireplaceFireplace

Summary

  • Appliances: Refrigerator, Oven/Range, Washer, Dryer
  • Interior: Other
  • Fireplace: Fireplace
  • Attached Garage: No
  • Parking: None
  • Waterfront: Creek
  • Exterior: None, Wood
  • Architectural Style: 2 Story
  • Heating: Forced Air, Wall Furnace
  • List Price: $1,295,000
  • Price/SqFt: $143
  • Directions: US 31 (Michigan Avenue) in Beulah on the east side of the road.
  • Year Built: 1935
  • Living Area: 9,000 SqFt
  • Lot Size: 0.31 Acres
  • MLS Number: 1930777
  • MLS Name: TAAR
  • Office Name: Keller Williams Northern Michi
  • Office Email: christinaroberts@kw.com
  • Listing Agent: Lorri Schreiber

Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2025, 11:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$1,295,000

115 N Michigan Ave

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Crystal Lake Elementary School

Public Magnet KG-5

0.9 mi

7048 Severance St

6

Frankfort Elementary School

Public District PK-6

7.2 mi

613 Leelanau Ave

3

Betsie Valley School

Public Magnet KG-5

12.2 mi

17936 Cadillac Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,250. Most Beulah, MI residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

28%
<35k
51%
35k-100k
19%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

38%
Single, No Kids
6%
Single, with Kids
42%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
41%
35-64 yrs old
28%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • ApplebeesApplebees
  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • CadillacCadillac
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 115 N Michigan Ave

The listing price of 115 N Michigan Ave property is $1,295,000.

The property 115 N Michigan Ave is a house located in Beulah, Michigan, 49617.

Active Listing: 115 N Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 115 N Michigan Ave are: Crystal Lake Elementary School (GreatSchools Rating 4/10), Frankfort Elementary School (GreatSchools Rating 6/10), Betsie Valley School (GreatSchools Rating 3/10), Benzie Central Middle School (GreatSchools Rating 4/10), Traverse City West Middle School (GreatSchools Rating 7/10), Brethren Middle School (GreatSchools Rating 5/10), Benzie Academy (GreatSchools Rating 2/10), Benzie Central Sr High School (GreatSchools Rating 6/10), Frankfort High School (GreatSchools Rating 7/10).

The property at 115 N Michigan Ave has 0 bathroom.

The property 115 N Michigan Ave is 9,000 SqFt (source: MLS/tax record).

The year of construction for 115 N Michigan Ave is 1935.

This home is located at 115 N Michigan Ave in Beulah, MI and zip code 49617. This 9,000 square foot home, which was built in 1935, sits on a 0.31 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $1,295,000.

Over 2 listings were sold over their listed price in April 2025 in Beulah, MI. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Beulah, MI increased by 6.3% between March and April 2025. In April 2025 median list price was $399,500 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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