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    515-517 Main Street

    Frankfort, MI 49635
    • $439,950
    • STATUS: Active
    • ON SITE: 196 days
    • MLS #: 1874490
    UPDATED: 61 min ago
    $439,950
    • 0
      BEDS
    • 0.35
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 7,000
      SQFT
    • $63
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    Excellent Main Street commercial investment opportunity in a high traffic area of Frankfort with a beautiful view of Betsie Bay and significant development potential. This 7,000 square foot building is currently dividend into two rental spaces with month-to-month tenants of Bayside Printing (2,600 sq. ft.) and the Frankfort-Elberta Chamber of Commerce (1971 sq. ft.) plus there is 2,422 sq. ft. of unfinished space in the back of the building for multiple rental spaces. Paved parking lot on the west and north sides of the building provides about 20 off-street parking spaces, which is a rare find in downtown Frankfort. The property is located across the street from the City Marina, Mineral Springs Park and just 5 blocks from Lake Michigan beaches. It is in the 'Main Street West' Zoning District which provides flexibility for mixed-use developments, including office, retail, restaurant, lodging, live-work units as well as expansion of the building to add a second and third level...see zoning information in associated docs. Seller is a licensed realtor in the State of Michigan.

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    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-11-27T11:51:58.327.
    www.michiganlifestylehomes.com/homes/105887891
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    515-517 Main Street Frankfort, MI 49635

    • Price: $439,950
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 1874490
    0
    Beds
    3
    Baths
    0
    ½ Baths
    0.35
    Acres
    7,000
    SQFT
    $63
    $/SQFT
    1960
    Built
    Neighborhood:
    None
    County:
    Benzie
    Area:
    Benzie
    Property Description
    Excellent Main Street commercial investment opportunity in a high traffic area of Frankfort with a beautiful view of Betsie Bay and significant development potential. This 7,000 square foot building is currently dividend into two rental spaces with month-to-month tenants of Bayside Printing (2,600 sq. ft.) and the Frankfort-Elberta Chamber of Commerce (1971 sq. ft.) plus there is 2,422 sq. ft. of unfinished space in the back of the building for multiple rental spaces. Paved parking lot on the west and north sides of the building provides about 20 off-street parking spaces, which is a rare find in downtown Frankfort. The property is located across the street from the City Marina, Mineral Springs Park and just 5 blocks from Lake Michigan beaches. It is in the 'Main Street West' Zoning District which provides flexibility for mixed-use developments, including office, retail, restaurant, lodging, live-work units as well as expansion of the building to add a second and third level...see zoning information in associated docs. Seller is a licensed realtor in the State of Michigan.
    Exterior Features

    Construction Block Exterior Features Brick Foundation Slab Lot Dimensions 102 X 150 Parking Parking LotPavedStreet Parking Parking Spaces 20 Road BlacktopPublic Maintained Roof Membrane

    Interior Features

    Heating Cooling Type Central AirForced Air

    Property Features

    Business Incl No Business Name None Deeded Waterfront No Documents On File Legal DescriptionSurveyTitle InsuranceOther Eco Features No Energy Efficient Not Applicable Extras None Heating Cooling Source Natural Gas Included In Lease Building Insurance Inventory Incl No Licenses None Listing Agreement Type Exclusive Right To Sell Location Office Center Lot Number 1112 Possession Month To Month TenantSubject To Tenants Rights Present Use Office BuildingRetail Store Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 22 Sewer Municipal Terms CashCommercial LoanPurchase Money Mortgage Township Crystal Lake Type Retail/Commercial Type Of Ownership Private Owner Univs Design Barrier Free Covered EntranceGrab BarsMain Floor AccessNo Steps EntryRamped Entrance Vacant Land No Water Municipal Water Water Conservation Not Applicable Year Remodeled 1999 Zoning CommercialMulti-FamilyOfficeOtherRestaurant/FoodRetail



    The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2020 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2020-11-27T11:51:58.327.
     
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