9523 N Business 31, Pentwater, MI 49449 (MLS# 26045545)

Home9523 N Business 31, Pentwater, MI 49449 (MLS#...
$2,700,000
9523 N Business 31
Pentwater, MI 49449
MLS# 26045545

9523 N BR US 31 - 1
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9523 N BR US 31 - 1 South Building Exterior North Building Exterior Rear Building Exterior 9523 N BR US 31 - 3 9523 N BR US 31 - 2 Owners Suite Owners Suite Owners Suite Owners Suite Owners Suite Owners Suite - Courtyard Courtyard Courtyard Courtyard Apt 1 - Living area Apt 1 - Kitchen Apt 1 - Kitchen Apt 1 - Bedroom 1 Apt 1 - Bathroom Apt 1 - Bedroom 2 Apt 2 - Living Area Apt 2 - Open Concept Apt 2 - Half Bathroom Apt 2 - Kitchen Apt 2 - Bedroom 1 Apt 2 - Full Bathroom Apt 2 - Bedroom 2 Apt 3 - Kitchen Apt 3 - Open Concept Apt 3 - Open Concept Living Area Apt 3 - Bedroom 1 Apt 3 - Full Bathroom 1 Apt 3 - Full Bathroom 1 Apt 3 - Bedroom 2 Apt 3 - Bedroom 3 Apt 3 - Half Bathroom 1 Apt 3 - Half Bathroom 1 Apt 4 - Open Concept Apt 4 - Open Concept Apt 4 - Kitchen Apt 4 - Bedroom 1 Apt 4 - Bedroom 2 Apt - Full Bathroom 1 Apt 4 - Full Bathroom 2 Apt 4 - Bedroom 3 Apt 5 - Open Concept Apt 5 - Open Concept Apt 5 - Kitchen Apt 5 - Bedroom 1 Apt 5 - Bedroom 2 Apt 6 - Open Concept Apt 6 - Open Concept Apt 6 - Kitchen Apt 6 - Bedroom 1 Apt 6 - Full Bathroom Apt 6 - Bedroom 2 Apt 7 - Open Concept Apt 7 - Open Concept Apt 7 - Kitchen Apt 7 - Bedroom 1 Apt 7 - Full Bathroom Apt 7 - Full Bathroom Apt 7 - Bedroom 2 Apt 8 - Open Concept Apt 8 - Kitchen Apt 8 - Bedroom 1 Apt 8 - Full Bathroom Apt 8 - Bedroom 2 Apt 9 - Living Area Apt 9 - Kitchen Apt 9 - Bedroom 1 Apt 9 - Full Bathroom Apt 9 - Bedroom 2 Apt 10 - Open Concept Apt 10 - Open Concept Apt 10 - Bedroom 1 Apt 10 - Full Bathroom Apt 10 - Bedroom 2 Common Laundry Common Laundry South Building Exterior South Building Exterior South Building Exterior North Building Exterior North Building Exterior North Building Exterior South Building Exterior

Property 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

Details
Documents
Location & Property Info
Cross Streets: S Lakeshore Dr
Property Sub-Type: 5+ Units
Municipality: Pentwater Twp
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: IRREGULAR
Road Frontage: 510
Waterfront: No
Body of Water: Bass Lake
Basement: No
Total # Units: 10
# of Diff Unit Floor Plans: 10
Total # Bldgs: 4
Total Parking Spaces: 30
Statewide Lakes & Rivers: Bass Lake
School District: Pentwater
Elementary School: Pentwater Public School
High School: Pentwater Public School
Middle School: Pentwater Public School
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 95222
Lot Acres: 2.19
Year Built: 1970
Tax Info
Taxable Value: 291861
SEV: 444200
For Tax Year: 2026
Seller's Annual Property Tax: 12463.74
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: Unknown
Zoning: R2 & R3
Tax ID #: 5 total - see lengthy legal in documents
Remarks & Misc
Public Remarks: 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
Legal: See lengthy legal in documents - contains 5 tax id's and legal descriptions
Waterfront Options
Water Access Y/N: No
Water Type
Lake: 1
Water Fea. Amenities
All Sports: 1
Public Access 1 Mile or Less: 1
Street Type
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Phone Available: 1
Utilities Attached
Electricity Connected: 1
Propane: 1
Sewer
Septic Tank: 1
Water
Well: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Common Area: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Gravel: 1
Unpaved: 1
Substructure
Partial: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: Apartment
SqFt: 940
Occupied: Yes
Bedrooms: 2
Bathrooms: 2
Full Baths: 1
Half Baths: 1
A/C Unit: 1
Dishwasher: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: Apartment
SqFt: 819
Occupied: Yes
Bedrooms: 2
Bathrooms: 2
Full Baths: 1
Half Baths: 1
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: Apartment
SqFt: 1000
Occupied: Yes
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Range/Oven: 1
A/C Unit: 1
Dishwasher: 1
Refrigerator: 1
Unit 4
Unit #: 4
Unit Description: Apartment
SqFt: 1260
Occupied: Yes
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
W/D Hookup: 1
Unit 5
Unit #: 5
Unit Description: Apartment
SqFt: 670
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 6
Unit #: 6
Unit Description: Apartment
SqFt: 804
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 7
Unit #: 7
Unit Description: Apartment
SqFt: 763
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Refrigerator: 1
Range/Oven: 1
Unit 8
Unit #: 8
Unit Description: Apartment
SqFt: 883
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Unit 9
Unit #: 9
Unit Description: Apartment
SqFt: 684
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
A/C Unit: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
W/D Hookup: 1
Unit 10
Unit #: 10
Unit Description: Apartment
SqFt: 684
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Range/Oven: 1
Refriderator: 1
W/D Hookup: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Oceana
Street #: 9523
Street Direction: N
Street Name: Business 31
State: MI
Zip Code: 49449
OfficeContract Info
Status: Active
Current Price: $2,700,000
List Price: $2,700,000
Listing Date: 2026-08-27
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.
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: Electric
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
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-bedroom, 1-bath owners quarters doubles as a short-term rental retreat complete with a private patio, firepit, and 7-person Sundance hot. Completing this plug-and-play asset is a separate 20x20 heated pump house with a garage door housing the full H2O system. This is a premier opportunity for investors and rental connoisseurs looking to capture West Michigan rental demand. Buyer and buyer's agent to verify all information.
IDX
Listing Office: Greenridge Realty S Rath
Listing Agent: Debby Stevenson
Source MLS Verified

Last Updated: September - 14 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for 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.

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