Properties for sale in Michigan

9523 N Business 31, Pentwater, MI 49449

New Listing

$2,700,000

Property Type: Multi Family Lot Size (sq. ft.): 95,222 Status: Active

Current Price: $2,700,000 List Date: 8/27/2026 Last Modified: 8/27/2026

Overview

Description

PENTWATER TWP - 10+ UNITS - An exceptional investment opportunity awaits at 9523 N BR US 31, offering a fully occupied, cash-flowing multi-family portfolio in the high-demand Pentwater corridor featuring 10 long-term rental units plus an additional luxury Owner's Suite and property manager quarters. This property was completely rebuilt from the studs up, featuring brand-new exterior siding and full interior rebuilds - including new drywall, fresh paint, custom cabinetry, butcher block countertops, sleek flooring, updated trim, new appliances, and new furnaces and AC units throughout. A complete, itemized construction summary detailing the extensive work completed for each building is available in the associated listing documents for review. Designed for maximum profitability and seamless operation, the asset benefits from individual electric meters and dedicated AC units to keep overhead low, alongside a central coin-operated laundry facility generating supplemental income. The

Supplements: estate spans three tailored residential structures plus a functional outbuilding. The main South Building anchors the property with seven clean, spacious units alongside the common mechanical room and coin-op laundry. The North Building houses three complete rental units, while the Rear Building serves as management and owner quarters. The 1-bedro ... (Read more)

Listing Details MLS# 26045545

Location Property Info

County: Oceana
Street #: 9523
Street Direction: N
Street Name: Business 31
State: MI
Zip Code: 49449

General Property Info

Lot Measurement: Acres
Lot Square Footage: 95222
Lot Acres: 2.19
Lot Dimensions: IRREGULAR
Year Built: 1970
New Construction: No
Road Frontage: 510
Total # Units: 10
# of Diff Unit Floor Plans: 10
Total # Bldgs: 3
Total Parking Spaces: 30
Waterfront: No
Body of Water: Bass Lake
Statewide Lakes & Rivers: Bass Lake
School District: Pentwater
Elementary School: Pentwater Public School
Middle School: Pentwater Public School
High School: Pentwater Public School
Association YN: No

Tax Info

Tax ID #: 5 total - see lengthy legal in documents
Taxable Value: 291861
SEV: 444200
For Tax Year: 2026
Seller's Annual Property Tax: 12463.74
Tax Year: 2025
Spec Assessment & Ty: Unknown
Zoning: R2 & R3

Remarks Misc

Directions: From the North (Ludington): Take S Pere Marquette Hwy / BR US-31 South, at stop sign continue West on Pere Marquette Hwy / BR US-31 to property on the North side. From the South: Take US-31 N to Exit 154 (Oceana Dr / Pentwater). Turn west onto N Oceana Dr / BR US-31 continue to property is on the north side of the road.

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: Apartment
SqFt: 940
Occupied: Yes
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes

Unit 2

Unit #: 2
Unit Description: Apartment
SqFt: 819
Occupied: Yes
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes

Unit 3

Unit #: 3
Unit Description: Apartment
SqFt: 1000
Occupied: Yes
Bathrooms: 2
Full Baths: Yes
Half Baths: Yes

Unit 4

Unit #: 4
Unit Description: Apartment
SqFt: 1260
Occupied: Yes
Bathrooms: 2
Full Baths: 2

Unit 5

Unit #: 5
Unit Description: Apartment
SqFt: 670
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit #: 6
Unit Description: Apartment
SqFt: 804
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit #: 7
Unit Description: Apartment
SqFt: 763
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes

Unit 8

Unit #: 8
Unit Description: Apartment
SqFt: 883
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes

Unit 9

Unit #: 9
Unit Description: Apartment
SqFt: 684
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes

Unit 10

Unit #: 10
Unit Description: Apartment
SqFt: 684
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: Common Area Water Type: Lake Exterior Material: Vinyl Siding Roofing: Composition Substructure: Partial Sewer: Septic Tank Water: Well Utilities Attached: Electricity Connected; Propane Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Phone Available Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Propane Heat Type: Forced Air Air Conditioning: Central Air Driveway: Gravel; Unpaved Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: A/C Unit; Dishwasher; Refrigerator Unit 2: A/C Unit; Dishwasher; Range/Oven; Refrigerator Unit 3: Range/Oven; A/C Unit; Dishwasher; Refrigerator Unit 4: A/C Unit; Dishwasher; Range/Oven; Refrigerator; W/D Hookup Unit 5: A/C Unit; Dishwasher; Range/Oven; Refrigerator Unit 6: A/C Unit; Dishwasher; Range/Oven; Refrigerator Unit 7: Dishwasher; Refrigerator; Range/Oven Unit 8: A/C Unit; Dishwasher; Range/Oven; Refrigerator Unit 9: A/C Unit; Dishwasher; Range/Oven; Refrigerator; W/D Hookup Unit 10: Dishwasher; Range/Oven; Refriderator; W/D Hookup

Documents

Lengthy Legal Description ›

Lead Based Paint Disclosure ›

Construction Summary ›

Available Assessor Lot Sketches ›

#64-001-615-009-05 Assessor Footprint ›

Pentwater Township Zoning Map ›

R-2 & R-3 Zoning Information ›

Listing Office: Greenridge Realty S Rath

Listing Agent: Debby Stevenson

Last Updated: August - 27 - 2026

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