3275 Merritt Street $410,000

    Close

    3275 Merritt Street Conway, MI 49722

    Sold
    SOLD 4/25/2022

    $410,000

    • 16 Beds
    • 3 Baths
    • 4,861 sq. ft.
    • Residential
    • MLS# 467113
    Favorite Share
    Views: 448

    Property Details

    Description

    Known as The Hiawatha, this historic Bed and Breakfast featuring views of Crooked Lake provides multiple opportunities to a potential buyer. Whether needing a large family home or utilizing it as a short-term rental opportunity the site and building provide multiple options. Located next to a public park and across the street from a public beach. Zoned very liberally, there are seemingly more options for what you can use this building and site for than are restricted. Built in approximately 1898, it provides character however does require some TLC. While not registered as historic it appears to meet the criteria to be registered as a historic site which may provide additional government incentives for updating it in a multitude of ways while maintaining its historic character. Many reconfiguration options with plumbing running throughout the building would allow for the combining of rooms to create lavish suites, or to leave as-is and utilize it as as bed and breakfast. This is the large home you were looking for or the unmatched business opportunity you've been searching for. Zoning allows for more uses than a family residence or short-term living facility. Ask your agent to provide zoning documentation. The building behind the Hiawatha and the lot behind that on Cook Ave are also being sold separately or a potential deal can be worked out for all three. From a business standpoint, a high annual average daily traffic count of approximately 18,500 passenger vehicles a day per MDOT provides discovery traffic flow while a traffic light allows for a captive audience for your marketing efforts at red lights. Really a great opportunity for that large family or business entrepreneur looking to take advantage of Northern Michigan's short-term rental market! The MLS limits the amount of data that can be provided in this listing. Reach out to an agent to get more photos and documents and make sure to see the virtual 3D self-guided tour!

    • General Features
      • Above Ground Sq Footage 4861
      • Approx Year Built 1898
      • Association No
      • County Emmet
      • Features Cable, Deck, Dishwasher, Dryer, Mini Blinds, Paved Drive, Range, Refrigerator, Wood Floors, Near Snowmobile Trails, Paved Road
      • Heat1 Hot Water Baseboard, Natural Gas
      • Total Finished Sq Ft 4861
      • Township Little Traverse
      • Utility Level Main
      • Water Other, Well
      • Water Front Water Access Neither
      • Water Heater Other
      • Well Size Depth Artesian
    • Building Features
      • Basement Crawl
      • Construction Two Story +, Wood Frame/Site Built
      • Garagae Car Capacity None
      • Garage Carport None
      • Roof Asphalt Shingle
    • Room Features
      • Bath 1 Level Main
      • Bath 2 Level Upper
      • Bedroom 2 Level Main
      • Bedroom 3 Level Main
      • Bedroom 4 Level Main
      • Dining Rm Level Main
      • Family Rm Level N/A
      • Kitchen Level Main
      • Living Rm Level Main
      • Master Bdrm Level Main
      • Bedrooms 16
      • Full Bathrooms 3
      • Half Bathrooms 0
      • Room s1Level Main
      • Room s2Level Upper
      • Total Rooms 25
    • Schools
      • School District Petoskey
    • Additional Features
      • Other Buildings Shed
      • Sewer City

    Neighborhood

    49722 (Conway) Demographics

    51 Median Age
    349 Population Density (per sq. mile)
    23% College Educated
    $38,516 Estimated Median Income
    126 Estimated Total Home Owners
    13 Estimated Total Renters
    91% / 9% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    306 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $410,000 Median Sales Price
    1 Homes Sold
    1 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        4/25/2022 3:00:00 AM Sold Source: Multiple Listing Service New Value: $410,000

        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLSX). Real estate listings held by brokerage firms other than RE/MAX of Michigan are marked with the NM-MLSX logo and the detailed information about said listing includes the listing office.

        All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RE/MAX of Michigan shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc © All rights reserved.

        NM-MLSX (IDX) information is provided exclusively for consumers’ personal, non-commercial use, that it 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.