1314 and 1316 Boyne Avenue $1,175,000

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    1314 and 1316 Boyne Avenue Boyne City, MI 49712

    • 2,200 sq. ft.
    • Commercial
    • MLS# 473071
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    Views: 11 Days On Site: 85

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    Property Details

    Rare investment opportunity to acquire two income-producing residences on commercially-zoned development property in the fastest growing area of Charlevoix County & Boyne City! 1-mile southeast of downtown and ¼ mile from Boyne's Business-Industrial Park, this parcel offers 270' of high-traffic (over 7000 ADT) frontage with 1.89 acres of zoned Regional Industrial/Commercial land. Currently income-producing with 2 fully-renovated homes offering residential and/or commercial usage with 2-car garage, large pole barn and studio (which could also become an income-producing ADU, or for more commercial storage). Main House & Recently renovated, 1600 sq. ft. single-family home with 3 bedrooms, Full Bath, NEW Kitchen and Appliances including: gas stove, dishwasher, fridge and washer and dryer. The dining room connects to the family room, featuring large windows that bring in natural light and enhance the view of the grove of trees surrounding the property. A fence outlines the perimeter of the 1.89 acres and one that encloses the charming backyard covered patio. Guest Cottage & Charming, fully-renovated 650 sq. ft single family home/guest house adjacent to main residence which features 2 Bedrooms, 1 full Bathroom, new kitchen and appliances, laundry and more. This house could be sold and moved prior to commercial development. Pole Barn & Adjacent to main house, measures 32' x 40', approximately 1280 sq. ft; with 2 sections and a 2 garage doors for convenient access and storage both front and back. Studio/Garage -- Currently unfinished measuring 24' x 16' and over 380 sq. ft which could be converted to an ADU.

    • General Features
      • Acreage 1.01 - 2
      • Association No
      • County Charlevoix
      • Features Refrigerator, Washer, Off-Street Parking, Ample Parking, Hardwood Floors, Dryer, Range, Exhaust Fan, Patio/Deck, Paved Roads
      • Total Sq Ft 2200
      • Township Boyne Valley
      • Type1 Business Opportunity, Commercial Building, Hotel / Motel, Industrial Building, Pole Barn / Storage Unit, Professional/Office Bldg., Residential Included
      • Utilities Electricity, TV Cable Available
      • Water Well
      • Water Front Water Access Neither
      • Water Heater Natural Gas
    • Building Features
      • Basement Full
      • Construction Wood Frame
      • Num Of Units 2
      • Roof Asphalt Shingle
      • Stories One
    • Room Features
      • Bedrooms 3
      • Full Bathrooms 1
      • Num Of Restrooms 0
    • Schools
      • School District Boyne City
    • Additional Features
      • Sewer City

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    Neighborhood

    49712 (Boyne City) Demographics

    48 Median Age
    98 Population Density (per sq. mile)
    46% College Educated
    $61,211 Estimated Median Income
    3,052 Estimated Total Home Owners
    601 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    8,015 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $292,500 Median Sales Price
    8 Homes Sold
    12 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,175,000
        2/10/2024 6:36:00 PM New in Database Source: Multiple Listing Service New Value: $1,175,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.