MI > Charlevoix > Boyne City > 615 Beardsley Road

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615 Beardsley Road Map / directions

Boyne City, MI

49712 Market info

  • MLS# 1884732
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800-871-9992

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Single tenant Boyne City office building in business park setting offers an excellent investment opportunity with an 8% cap rate. Longer term upside with current rents well below market. Stable long-term tenant with a lease expiring 9/30/21 and two options to renew for one year each. List price well below replacement cost and assessed value. On a 2 acre parcel with room to expand or add another building with potential for lot split. Includes three restrooms, full kitchen, washer/dryer hookup, and covered driveway entrance. Works well for future office, medical, daycare, church, community center or similar uses. If needed, building could readily be split into two tenant spaces. Regional Commercial/Industrial District zoning allows for variety of uses including retail and restaurant with drive-through allowed.

Property Information

Status
Active 
Address
615 Beardsley Road 
City
Boyne City 
Zip
49712 
Year Built
1994 
Listing Date
03/08/2021 
County
Charlevoix 
Possession
Subject to Tena 
Parking
Parking Lot 
Price/SqFt
64.0 

Features

Current Use
Educational,Medical/Dental,Office Building,Service,Religious,Adult Foster Care,Day Care Facility 
Features
None 
Zoning
Commercial 
Water
Municipal Water 
Sub Property Type
Income 
Licenses
None 
Exterior Features
Vinyl 
Cooling
Central Air, Forced Air, Natural Gas 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
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  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1884732 Active Mar 8 2021 10:45AM $320,000 40
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

MITAAR Logo

Listing Courtesy of Three West, Llc
Office Address 1131 E. Eighth Street

Real Estate One Family of Companies

615 Beardsley Road Boyne City
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$320,000
For Sale • Acres: 1.95 • Zoning: Commercial