SEEKING THOSE WITH CREATIVE VISION! This well cared for property in downtown Elberta is in the commercial district and is zoned for both a business/retail operation, as well for a short term rental! This property has been operating as a catering company with a stellar reputation, and comes almost fully equipped with new commercial refrigeration, two door freezer, an outdoor walk in cooler, commercial dishwasher, disposal, dish machine, dish tables, commercial ice machine, commercially coated, industrial shelving, dishes, flatware, hotel pans, baking sheets, chefs tools, and more (a full list to soon be provided by seller). This property could make an excellent to-go pizza/sandwich establishment, taco shop, or other to-go eatery (or potentially another catering company!) lending itself to the large beach crowd that frequents the very nearby Elberta Beach, hiking trails, dune overlooks, and the crowds of downtown Frankfort, just over the river and less than 2 miles away. This property sits directly on M-22 in downtown Elberta, fantastic for traffic exposure, and is located directly next to a vacation rental company - a prime spot to be converted to a vacation rental! Recent improvements include a new furnace/air conditioning, exterior paint, repaired facia and windows/trim, and an electronic front door lock. This commercial property also sits on the desirable municipal water and sewer system. There's a functioning bathroom in the building, there were laundry hook ups established some time ago, and the 1000 sf space could house a kitchen, living room, two smaller bedrooms and a bathroom with a little vision! So much potential here to bring your dreams in to reality and at an affordable price in northern Michigan!
The median home value in Elberta, MI is $198,000. This is lower than the county median home value of $321,100. The national median home value is $338,100. The average price of homes sold in Elberta, MI is $198,000. Approximately 37.2% of Elberta homes are owned, compared to 1.93% rented, while 60.87% are vacant. Elberta real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elberta real estate agent to arrange a tour today!
Elberta, Michigan has a population of 295. Elberta is more family-centric than the surrounding county with 32.76% of the households containing married families with children. The county average for households married with children is 23.44%.
The median household income in Elberta, Michigan is $76,750. The median household income for the surrounding county is $68,875 compared to the national median of $69,021. The median age of people living in Elberta is 32.9 years.
The average high temperature in July is 78.7 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 35.1 inches per year, with 112.9 inches of snow per year.