903 Main Street Frankfort, MI 49635

Active

$1,100,000

Market Estimate

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0.57 Acres
Commercial
MLS# 1922657

Listing provided courtesy of: Stapleton Realty: 10862 Oviatt Rd, Honor, MI

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Views: 23 Days On Site: 181

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Property Details

Description

Investors, developers and entrepreneurs. Locate your business where you love to vacation. A rare opportunity in the waterfront City of Frankfort in Benzie County. Four lots zoned for mixed-use commercial: Retail, Condo/Hotel, Restaurant/Winery/Brewery, Office & more. Three stories are allowed on the east end of Main Street. Potential view of Betsie Bay. This busy downtown is an extremely popular vacation destination as well as a darling, year-round, growing community adored by all, young professionals, boomers, residents and visitors alike for its beaches & pier, waterside parks & marinas, thriving arts scene, theatre, brewery and wide array of dining and shopping.

General Features
- Licenses None
- Included In Lease None
- Business Incl Yes
- Business Name NA
- Type of Ownership Private Owner
- Approx Year Built 1950
- Type Mixed Use
- Town T 26N
- Township Crystal Lake
- Present Use Retail Store
Building Features
- Extras Other
- Heating Cooling Source Natural Gas
- Roof Membrane
- Heating Cooling Type Forced Air
- # Restrooms 1
- Apx Total Fin SQFT 700
Property Features
- Water Municipal Water
- Vacant Land No
- Univs Design/Barrier Free No Steps Entry
- Road Public Maintained, Blacktop
- Sewer Municipal
- Parking Parking Lot
- Exterior Features Wood
- Construction Frame
- Lot Dimensions 166x150
- Location Corner Lot, Freestanding

Neighborhood

49635 (Frankfort) Demographics

61 Median Age

52 Population Density (per sq. mile)

52% College Educated

$61,500 Estimated Median Income

1,174 Estimated Total Home Owners

180 Estimated Total Renters

87% / 13% Estimated Owner / Renter Divide

2 Estimated Average Household Size

3,273 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$409,950 Median Sales Price

14 Homes Sold

8 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price
--	Current Price Source: Multiple Listing Service	New Value: $1,100,000
5/27/2024 4:05:58 AM	Status Changed Source: Multiple Listing Service	New Value: Active
5/24/2024 7:21:00 AM	New in Database Source: Multiple Listing Service	New Value: $1,100,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.