Own a unique slice of Glen Arbor history and make a fantastic investment at the same time! Between these two properties (sold as one commercial parcel with two separate tax ID numbers), you can have the opportunity to make vacation rental income from the newly remodeled Old Schoolhouse, leasing income from the charm of The Shed, all while having a home or vacation space for yourself! Built in 1930, Glen Arbor's original brick schoolhouse stands proudly in the heart of town on the corner of Western Avenue (our main street) and Oak Street, directly across from the town hall. Over the years, as the Glen Lake School District moved to another location, the building also housed such businesses as a hardware store, a gym, and in 2020, was remodeled in to two updated duplexes, each having a full living room, a full kitchen, a laundry room, a bathroom, two bedrooms, a sleeping loft, and outdoor deck space. The duplexes are also equipped with heating and A/C and come fully furnished. They could be rented throughout the year, with the ability for the purchaser to also reside in one or both for part or all of the year. In the lower level of the building are two extremely large, cement floored storage spaces with many possibilities (leased for office space?) or for personal use. The Shed, which sits directly next to it (with its own tax ID number, as well) was once the bus parking for the school, we've been told. For many years, it served as a retail store - a home goods store, a clothing store, and also has potential to be a farmer's market, an artists' studio, or something entirely different! This space also has a half bathroom and an additional room not pictured above, making it suitable for several ventures. So much opportunity exists with this investment! Let your imagination run wild! Dual listed under multi-family at MLS #1907886