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Listed price in listed location currency (USD).
$370,000
$399,000

320

MLS® 78080063546

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1344 sqft
Garage 
Taxes 
Lot Size 
Approx. Age 1996
Avg. Price Per Sqft $296
MLS® Number 78080063546

Property Address: 132 Ames St, Elk Rapids, MI, 49629-9739

Average square foot calculated using Size range provided by listing agent.

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. it 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. Plenty of parking with 10 paved spaces, plus a partially fenced outdoor space in the backyard. The home is both stick-built and BOCA. Two of the bedrooms do not have closets. 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 Lakes 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 - this versatile investment in a desirable Lake Michigan community checks all the boxes.
MLS® Number78080063546
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1996
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Nov 21, 2025End Date
$370,000Sold Price

Sold

Nov 7, 2025List Date
$399,000List Price

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