201 E Broad Street Bellaire, MI $ 649,000
201 E Broad Street
$ 649,000
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201 E Broad Street

Bellaire, MI, 49615
$ 649,000
Bedrooms-- Baths2.0 Sq 2,400

Monthly Estimate*

$ 3,996

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Commercial Property for sale in Bellaire, MI

for $649,000 with 2 full baths. This 2,400 square foot building was built in 1950 on a lot size of 0.28.

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.

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Commercial Active

Price

$ 649,000

Full Bath

2

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.28

Year Built

1950

Town/City

Bellaire

County/Region

Antrim

MLS | Web ID

1945055

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Negotiable
Roof Membrane
Construction Materials Block Other
Year Built 1950
Township Kearney
Property Subtype Hospitality
Business Type Other Bar/Tavern/Lounge
Accessibility Other
Assoc Fee Paid Per Annually
Business Name None
County Antrim
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Building Features None
Rent Includes None
Status Active
Directions From M88 in Bellaire on E Broad Street.
City Bellaire
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 12196.8
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Virtual Tour https://tours.bluelavamedia.com/s/idx/320007
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 182437
Ownership Type Corporation
Lease Amount Frequency Annually
Legal Description LOT 24; ALSO S 100 FT OF LOT 25; BLK 'C' PLAT OF THE VILLAGE OF BELLAIRE
Year Built Effective 2023
Freehold IDX
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Exterior
Parking Features On Street
Lot Features Freestanding
Water Source Public
Lot Size Area 0.28
Foundation Details Slab
Spa N
Lot Size Acres 0.28
Other Parking Street Parking
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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* Excluded Features
List By
Coldwell Banker Schmidt-Bellai

Broker

(231) 676-8023

Phone

Affordability Calculator

$3,996
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,996
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$649,000 Listed Price

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201 E Broad Street, Bellaire, MI, 49615 is a Commercial Property for sale at $649,000 with 2,400 sqft and a lot size of 0.28. 201 E Broad Street has 2.0 baths and was built in 1950. The property's zip code is 49615 which is in Bellaire, MI