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Jenn Smart

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201 E Broad , Bellaire, MI 49615
$589,000
Est. Payment: $3,069.36/mo
0 Bed
0 Bath
2400 Sqft
Status: active | Days on site: 106
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Turn-key investment opportunity in the heart of downtown Bellaire with established tenants and immediate income in place. This updated 2,400-square-foot commercial building offers excellent visibility in one of Northern Michigan’s premier destination communities. The property is currently home to Fireside Lounge, secured by a 10-year lease with scheduled annual rent increases, and The Escape Room, with a 2-year lease. Recent improvements include insulation, furnace, electrical, a ceiling-mounted air filtration system, flooring, and roof resealing with rubber membrane and updated flashing. Durable cement block construction, public utilities, a generator hookup, and two restrooms, including one ADA-compliant restroom, add to the building’s functionality and long-term appeal. The bar structure and attached lighting are included in the sale; tenant-owned furniture, décor, sinks, dishwashers, and under-bar items are excluded. Ideally positioned in vibrant downtown Bellaire, the property is surrounded by popular shops, restaurants, breweries, and year-round recreation, offering an opportunity to invest in an established commercial location with long-term income already in place.

Highlights

Listed by Jeanette Gillespie , 231-676-8023 Coldwell Banker Schmidt-Bellai , 231-533-8641. MiRealSource, Inc. mls logo

Property Type

Business Opportunity

Lot/Acreage
0.28

Year Built

1950

County

Antrim

Area

Kearney Twp (05010)

Neighborhood

None

Listing ID

80068168

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:2400
Water:Public Water

Exterior Features

Lot Dimensions:100-100-50-50-50-150
Zoning:Commercial
Sewer:Public Sanitary
Principal Interest
$3,069
Taxes
$375

Home Price

$589,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$117,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,069.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,069.36 $375.49 $0.00 $3,444.85
Yearly $36,832.33 $4,505.85 $0.00 $41,338.18
Total $1,104,969.93 $135,175.50 $0.00 $1,240,145.43
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Bellaire, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T01:10:54.300Z

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