132 Ames Street, Elk Rapids, MI 49629
- $370,000
- 3
- BD
- 2
- BA
- 1,344
- SqFt
- Sold Price
- $370,000
- List Price
- $399,000
- Closing Date
- Jan 13, 2026
- Days on Market
- 63
- Status
- SOLD CO-OP MEMBER
- MLS#
- 1940329
- Bedrooms
- 3
- Bathrooms
- 2
- Three Quarter Baths
- 2
- Living Area
- 1,344
- Lot Size (Acres)
- 0.19
- Style
- Ranch
- Year Built
- 1996
Property 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 Lake’s 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.
/u.realgeeks.media/gordonhodges/1693546136_Logo.png){kind=logo}
Additional Information
- Building Name
- Rankins Add To East Elk Rapids
- Interior Features
- In-Law Floorplan, Drywall, Ceiling Fan(s), High Speed Internet
- Amenities
- None, Pets Allowed
- Flooring
- Laminate
- Exterior Features
- Sprinkler System, Sidewalk, Rain Gutters
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Water
- Public
- Sewer
- Public Sewer
- School District
- Elk Rapids Schools
- Elementary School
- Lakeland Elementary School
- Middle School
- Cherryland Middle School
- High School
- Elk Rapids High School
Mortgage Calculator
Listing Courtesy of REO-TCFront-233021. 231-947-9800
Selling Office: Bayside Real Estate.