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201 Broad Street E, Bellaire, MI 49615

$649,000
  • 201 Broad Street E, Bellaire, MI 49615 Main Photo

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New to the Market Active
MLS#1945055
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMI

Property Description

Turn-key investment opportunity located in the heart of downtown Bellaire with established tenants in place. This updated 2,400 square foot commercial building offers strong visibility and stable income potential in one of Northern Michigan???s premier destination communities. The property currently hosts the Fireside Lounge (10-year lease) and The Escape Room (2-year lease), providing immediate cash flow. Lease terms are available upon request. Recent improvements include insulation, furnace, electrical, a ceiling-mounted air filtration system, flooring, and roof resealing with rubber membrane and updated flashing. The structure features durable cement block construction, public utilities, a generator hookup, and two restrooms (one ADA-compliant). Included in the sale are the bar structure and attached lighting. Please note that tenant-owned furniture, décor, sinks, dishwashers, and under-bar items are excluded. Enjoy an unbeatable downtown location with convenient accessibility and close proximity to Bellaire???s famous shops, restaurants, and year-round recreation.

201 Broad Street E | MLS# 1945055

This commercial property located at 201 Broad Street E, Bellaire, MI 49615 is currently listed for sale with an asking price of $649,000. Search Bellaire real estate on caitlynstuart.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Slab
Lot Size: 0.28 Acres
Roof Type: Membrane
Year Built: 1950

Feature Descriptions

Business Included: No
Construction: Block
Days on Site: 3
Exterior: Block
Heating/Cooling: Forced Air, Central Air
Lot Dimensions: 0.28 Acre(s)
Parking: Street Parking
Present Use: Other, Bar
Road: Public Maintained
Sewer: Municipal
Water: Municipal Water
Waterfront Type: No

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmidt-Bellai
Agency Phone: 231-533-8641

Shown By

Agent Name: Caitlyn Stuart
Agent Phone: (419) 819-9401
Agency Title: Key Realty

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