8031 Chapman Road

Versatile and income-producing, this unique property offers two rental units plus a large storage facility--all just 3/4 mile from Torch Lake public access and 2.5 miles from downtown Alden. The single-story building features a 3,720 sq. ft. storage space at its center, capable of housing 16-18 vehicles, boats, or trailers. On either end of the building are two separate living units: North Unit (Owner-Occupied): 2 beds, 1 bath, attached one-car garage South Unit (Tenant-Occupied): 1 bed, 1 bath, updated kitchen, hardwood floors, gas fireplace, washer/dryer hookups, and a back deck. Each unit has its own septic system, propane tank, and separate utilities, with a shared well serving both. The property also features a newer metal roof for added durability. Whether you're looking for a primary residence with rental income, an investment property, or a storage business opportunity, this location offers flexibility in one of Northern Michigan's most desirable areas.