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$ 399,000
Est. payment /mo
New
132 Ames ST Elk Rapids, MI 49629
1,344 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $296
MLS Listing ID 78080063533
Year Built 1996
Property Description
Outstanding investment opportunity in the Village of Elk Rapids. This well-maintained 1,670 sq. ft. multi-use commercial property offers high visibility in a strong traffic corridor with municipal water/sewer, paved parking, and energy-efficient systems, including natural gas forced air heat and central air. This property is ideal for office, retail, or a live-work setup, all within walking distance to schools, the grocery store, golf course, and downtown waterfront attractions. The front unit is approximately 1,120 sq. ft. and features 3 bedrooms, 1 bath, and in-unit laundry. It can be used commercially or residentially, creating numerous income strategies for an owner-operator or investor. The back unit is a fully furnished 550 sq. ft. efficiency apartment with 1 bedroom, 3/4 bath, kitchen, and its own washer and dryer. This unit includes an existing short-term rental permit, making it immediately ready for STR income, or it may be used as a long-term rental. Both units can also be reconnected if a future buyer prefers a single-family home layout. There are plenty of parking with 10 paved spaces, plus a partially fenced outdoor space in the backyard. The home is both stick-built and BOCA. It has a beautifully landscaped yard with a sprinkler system and drip lines in the flower beds. Proximity to multiple recreation areas adds more appeal: Elk Lake’s Rotary Park and boat launch are just one mile south, Damn Beach and East Bay are a mile west with over 1,100 ft. of sandy shoreline, and Bass Lake is one mile north for fishing and outdoor enjoyment. Live, work, rent, or operate â€" this versatile investment in a desirable Lake Michigan community checks all the boxes.
Location
State MI
County Antrim
Area Area88111Elkrapidstwp
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Exterior
Parking Features ParkingLot, Other
Utilities Available NaturalGasConnected
View Y/N No
Roof Type Asphalt
Building
Foundation CrawlSpace, Slab
Sewer PublicSewer
Water Public
Schools
School District Elkrapids
Others
Acceptable Financing Cash, Conventional, Other, Trade1031Exchange
Listing Terms Cash, Conventional, Other, Trade1031Exchange
Special Listing Condition Standard
©2025 Realcomp II Ltd. Shareholders
Listed by Erica S Marshall of REO-TCFront-233021
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