401 S Division Street
Bellaire, MI, 49615 $ 449,000
Bedrooms-- Baths2.0 Sq 1,700 Monthly Estimate*
$ 2,835
for $449,000 with 2 full baths. This 1,700 square foot building was built in 1965 on a lot size of 12.
Zoned Village Commons in the Village of Bellaire, this 3-bedroom, 2-bath home on 12 acres offers a rare combination of flexibility and opportunity. Village Commons zoning allows for a broad range of residential, commercial, and mixed-use possibilities, making this property appealing to homeowners, investors, business owners, and developers alike. Enjoy peaceful views from the covered back porch overlooking the property, complete with a newly poured concrete patio that's perfect for relaxing or entertaining. The garage also features a newly poured concrete floor, while the unfinished walkout lower level offers outstanding potential for additional living space, recreation, storage, or a workshop. Based on information provided by the Village Zoning Administrator, the parcel may have the potential to be divided into approximately 25-30 lots, subject to municipal approvals and applicable ordinances. Buyers are encouraged to verify all zoning, permitted uses, and development potential with the Village of Bellaire. For those considering future development, the existing home provides an ideal place to live, work, or coordinate the project during the planning and construction process. Prefer to preserve the property's natural setting? Enjoy all 12 acres as a private residence or explore its potential as a short- or long-term rental investment. Whether your vision is a private estate, a mixed-use development, a business headquarters, or an investment opportunity, this unique Village of Bellaire property offers the space and zoning flexibility to bring it to life. With municipal approval, a pathway could potentially be added along the rear of the property to connect directly with Bellaire's community walking trail.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Natural Gas
Possession Close Of Escrow
Roof Asphalt
Construction Materials Brick Timber Frame Wood Siding
Year Built 1965
Township Kearney
Property Subtype Mixed Use
Business Type Other
Accessibility None
Assoc Fee Paid Per Annually
Business Name None
County Antrim
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Mets and Bounds
Garage Y/N N
Building Features None
Rent Includes None
Status New
Directions From Bellaire south on M-88 (S Division St). Home is on the west side of the street next to Papa K's across from Huntington Bank.
City Bellaire
Zoning Description Residential Other Commercial
Lot Size Units Acres
Lot Size Square Feet 522720
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 139900
Ownership Type Corporation
Lease Amount Frequency Annually
Legal Description Lengthy Legal Attached
Freehold IDX
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InteriorBasement Full Walk-Out Access Unfinished
Basement (Y/N) N
Air Conditioning Y/N N
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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ExteriorParking Features Other
Lot Features Freestanding
Water Source Public
Lot Size Area 12
Foundation Details Poured Concrete
Spa N
Lot Size Acres 12
Road Surface Type Asphalt
Other Parking Other
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded FeaturesList ByColdwell Banker Schmidt-BellaiBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,835
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Bellaire, MI
Average List Price $171,048
Percent of Sale Price 62%
About Bellaire, MI 1,073 Population
4% Since 2002
$ 49,065 Median Income
48.74 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/1/2026 | $449,000 | | Listed Price |