201 E Broad Street, Bellaire, MI

Others for Sale - $649,000 - 2,400 Sq. Ft.


Agent Info

Jeanette Gillespie
Coldwell Banker Schmidt Realtors

Property Info

CIMLS#1191418
Location
  201 E Broad Street
  Bellaire MI 49615
UpdatedJune 11th, 2026
TypeOthers
Price$649,000
Building2,400 Sq. Ft.

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, dÁ©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.


Financials


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