Map of Property

Dollar General - Bear lake

For Sale

11802 Chippewa Hwy, Bear Lake, MI 49614

This Bear Lake property for sale is located at 11802 Chippewa Hwy. The general use of Dollar General - Bear lake is office and it incorporates 8,125 square feet of class A office space. The current listed sale price for Dollar General - Bear lake is $606,487. Dollar General - Bear lake is situated on a lot that is 1 acre in size.

Contacts

broker
Alexa Venezia

StonePoint CRE

Property Details

  • Property Type Office - General Office
  • Property Size 8,125 SF
  • Lot Size 1 Acre
  • Parking Spaces Avail. 34
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2005
  • Date Updated Aug 11, 2025
Situated near the serene waters of Bear Lake, the area provides a tranquil backdrop for your business operations. Take advantage of the nearby access to outdoor activities such as fishing, boating, and hiking, offering an ideal environment for team-building and employee well-being. The quaint downtown area is home to local businesses and restaurants, adding to the charm and convenience of the location for your employees and clients. With its proximity to major transportation routes, the property in Bear Lake presents an appealing opportunity for your commercial real estate investment.This offering features a 100% occupied, single-tenant Dollar General store located in Bear Lake, Michigan, as part of a 7-property portfolio of NNN leased assets. The 8,125 SF freestanding retail building sits on a 1-acre parcel along US-31 (Chippewa Highway)—a key corridor through Northwest Michigan with over 5,000 vehicles per day. The property is backed by a corporate-guaranteed lease with approximately 4–5 years of term remaining, offering investors stable cash flow with minimal landlord responsibilities. The annual NOI reflects a strong return profile in a recession-resistant, essential retail category. Strategically positioned in a growing rural trade area with 0.0% vacancy, the site benefits from limited local competition and consistent traffic from surrounding communities. With a robust parking ratio and well-maintained construction, this Dollar General meets both national tenant standards and long-term investment criteria.
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Highlights

  • Attractive Cap Rate with stable NOI and strong rent performance
  • Freestanding 8,125 SF building on a 1-acre lot with 34 surface parking spaces
  • Located on US-31 in Manistee County (5,588+ VPD)
  • NNN Corporate Lease with 4–5 years remaining and minimal landlord responsibilities
  • Part of a 7-building Dollar General Portfoli
  • Strategic Rural Michigan Location with Zero Vacancy
  • Underserved rural trade area with no local competition and strong traffic.

Getting around

  • 34/100

    Walk Score ®

  • 34/100

    Bike Score ®

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Location

  • City Bear Lake, MI
  • Zip Code 49614

Points of Interest

  • BP

    0.55 miles

  • Marathon

    1.63 miles

  • Pete's Woods Trailhead Parking Lot

    7.81 miles

  • Saint Pierre Trailhead Parking Lot

    8.31 miles

  • Baldy Trailhead Parking Lot

    8.46 miles

  • East Parking Area

    8.46 miles

  • Travelers Motel

    4.19 miles

  • Portage Lake Motel

    4.43 miles

  • Bear Lake Discount Grocery

    0.06 miles

  • Onekama EZ Market

    4.25 miles

  • Larry's Grocery

    7.57 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Alexa Venezia

StonePoint CRE

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