$1,190,000

213 N Bridge Street

Bellaire MI, 49615

Description

Turn-key mixed use commercial investment opportunity, currently fully leased, in the heart of the Chain of Lakes. Newly rebuilt in 2000, with new HVAC and exterior painting in 2020, the building sits in the heart of downtown Bellaire, just down from Shorts Brewery. Multiple lease/rental opportunities. Upstairs are 4 gorgeous 1 bedroom, 1 bath fully furnished residential lofts. Currently renting as long term leases, but opportunity for higher returns as weekly Air B&B rentals in highly sought after 4 seasons lake and ski district. Each unit has secure storage closet in hallway. Main level currently is a fully operational (paused during pandemic) 5,000 sq ft restaurant. Continue to run as is or know your the opportunity for brewery or distillery, commercial event space, outdoor adventure rental and retail space, or your Northern Mi. business or real estate branch office, just to name a few. Currently built out as restaurant with full kitchen, bar, basement with wine cellar, with business office on upstairs level. Minutes from the shore of Torch Lake, Lake Bellaire, Intermediate Lake, Clam Lake, Schuss/Shanty Creek Resort and more tourist destinations in beautiful Northern Michigan. Endless opportunities to create your own income generating dream in one of Northern Michigans hottest real estate markets.

Details

MLS#1880293
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2001
Days On Site211

Features

SQ Feet7,200
Story(s)1
ZoningMulti-Family,Office,Retail

Market Activity 49615

Loading Form
Loading Form
Area Information
StateMI
CountyAntrim
CityBellaire
Zip Code49615
AreaAntrim
Listing VS Median (in 49615)
Price:
$1,190,000
low | high
Med:
$20,500
100% of Average
SqFt:
7,200
low | high
Med:
0
100% of Average
$ / SqFt:
$165
low | high
Med:
$0
100% of Average
On Site:
211
low | high
Med:
237.5
88.842105263158% of Average
Sourced by Back At You
Listing Updated: April 22, 2021 8:02:53 PM PDT
Schmidt Group 1190000 LogoMLS Number: 1880293
Listing Provided By:
Schmidt Group 1190000  of  Coldwell Banker Schmidt-522
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.