Income-producing 13-unit apartment property currently fully rented and operating as long-term efficiency apartments. Formerly operated as a motel, the property offers an established rental history with 11 studio-style units, a larger corner unit, and an attached house/office. Additional features include on-site laundry, paved parking, approximately 1.1 acres, B-2 commercial zoning, well and septic. Located along US-31 in Levering with convenient access to Pellston, Petoskey, Mackinaw City and surrounding Northern Michigan communities. An opportunity to acquire an established income-producing property with potential for future improvements and continued rental growth. Financial information available to qualified buyers upon request.
Listed By
Agency Name: @properties Christies International Real Estate - Petos
Agency Phone: 231-881-9400
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
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5692 N Us 31 Highway | MLS# 480854
This commercial property located at 5692 N Us 31 Highway, Levering, MI 49755 is currently listed for sale with an asking price of $497,000. N Us 31 Highway is located within the Pellston school district. Search Levering real estate on www.hardingrealestateteam.com today.