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$ 649,000
Est. payment | /mo
2,400 SqFt
$ 649,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $270
MLS Listing ID 78080068168
Year Built 1950
Lot Size 0.280 Acres
Acres 0.28
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, dà ©cor, 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.
Location
State MI
County Antrim
Area Area88081Kearneytwp
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Other
Fireplace No
Exterior
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Bellaire
Others
Acceptable Financing Cash, Other, Trade1031Exchange
Listing Terms Cash, Other, Trade1031Exchange
Special Listing Condition CorporateRelocation
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Listed by Jeanette Gillespie of Coldwell Banker Schmidt-Bellai
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