Turn-Key Investment Opportunity Located in the Heart of Downtown Bellaire

For Sale

201 E Broad St, Bellaire, MI 49615

This Bellaire property for sale is located at 201 E Broad St. The current listed sale price for Turn-Key Investment Opportunity Located in the Heart of Downtown Bellaire is $620,000. Turn-Key Investment Opportunity Located in the Heart of Downtown Bellaire is situated on a lot that is 0.28 acre in size.

Contacts

Jeanette Gillespie

Schmidt Realtors

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,400 SF
  • Units 2
  • Lot Size 0.28 Acre
  • Date Updated Jun 29, 2026
Explore the vibrant charm of Bellaire, MI, where Turn-Key Investment Opportunity Located in the Heart of Downtown Bellaire beckons. Nestled amidst the picturesque landscapes of Antrim County, this bustling town offers a serene escape from the ordinary. Surrounded by the beauty of Chain O'Lakes and the shimmering waters of Torch Lake, the area is a haven for outdoor enthusiasts. Visitors are drawn to the renowned Shanty Creek Resorts for premier skiing and golfing, while the quaint downtown boasts eclectic shops, distinctive dining, and a thriving arts scene. With close proximity to popular destinations like Shorts Brewing Company and the Glacial Hills Pathway and Natural Area, the location offers endless potential for retail building investors.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 generates immediate cash flow through two established tenants: the Fireside Lounge, which holds a 10-year lease, and The Escape Room, which has a two-year lease. Notably, The Escape Room maintains flexibility regarding their tenure should the new owners require that specific space. Recent improvements include insulation, furnace, electrical, a ceiling-mounted airfiltration 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.
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Location

  • City Bellaire, MI
  • Zip Code 49615

Points of Interest

  • Marathon

    0.47 miles

  • BP

    0.59 miles

  • Village Gas

    9.25 miles

  • Mancelona Pacific Pride

    9.48 miles

  • overnight parking 48 hours

    0.11 miles

  • Glacial Hills Orchard Hill Trailhead

    1.58 miles

  • Glacial Hills Vandermark Trailhead

    1.75 miles

  • Glacial Hills Eckhardt Rd Trailhead

    2.47 miles

  • Ruthie's Chicken and Dairy Twist

    0.06 miles

  • Toonie's Steak and Fish House

    0.06 miles

  • Chloe's Chop House

    0.07 miles

  • McDonald's

    0.53 miles

  • Subway

    0.56 miles

  • Papa K's Pizza

    0.63 miles

  • The Pelican's Nest

    1.60 miles

  • Dockside Torch Lake

    4.35 miles

  • Classic Pizza

    7.07 miles

  • The Blue Pelican Inn & Restaurant

    7.14 miles

  • Family Fare

    0.70 miles

  • Central Foods

    6.98 miles

  • Bachmann's Store

    7.03 miles

  • Village Market

    9.27 miles

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