26
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$589,000
Est. payment /mo
2,400 SqFt
Price Dropped by $31K
201 E Broad Street Bellaire, MI 49615
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $245
Subdivision Mi
MLS Listing ID 80068168
Year Built 1950
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 100-100-50-50-50-150
Property Sub-Type Business
Property Description
Turn-key investment opportunity in the heart of downtown Bellaire with established tenants and immediate income in place. This updated 2,400-square-foot commercial building offers excellent visibility in one of Northern Michigan’s premier destination communities. The property is currently home to Fireside Lounge, secured by a 10-year lease with scheduled annual rent increases, and The Escape Room, with a 2-year lease. Recent improvements include insulation, furnace, electrical, a ceiling-mounted air filtration system, flooring, and roof resealing with rubber membrane and updated flashing. Durable cement block construction, public utilities, a generator hookup, and two restrooms, including one ADA-compliant restroom, add to the building’s functionality and long-term appeal. The bar structure and attached lighting are included in the sale; tenant-owned furniture, décor, sinks, dishwashers, and under-bar items are excluded. Ideally positioned in vibrant downtown Bellaire, the property is surrounded by popular shops, restaurants, breweries, and year-round recreation, offering an opportunity to invest in an established commercial location with long-term income already in place.
Location
State MI
County Antrim
Area Kearney Twp (05010)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C, Other
Building
Foundation Slab
Water Public Water
Structure Type Block
Others
Ownership Corporation
Energy Description Natural Gas
Financing Cash,Commercial Loan,Exchange/Trade
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Coldwell Banker Schmidt-Bellai
Nearby Locations
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