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.
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
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.