For Sale
201 E Broad Street, Bellaire, MI 49615
$620,000
MLS # 1945055 (Northern Great Lakes REALTORS® MLS)
2 bathsBuilt 19500.28 acres
1 / 26
Listing 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, 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.
Source: SparkMLS
About this home
This 2-bath home built in 1950 sits in Bellaire Village in Bellaire.
Listed at $620,000.
Electric service is provided by Great Lakes Energy Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms2
Lot Size0.28 acres
Year Built1950
Location
CityBellaire
Zip Code49615
CountyAntrim
Construction & Systems
ConstructionBlock
HeatingForced Air
SewerPublic
Sale & Financing
Listed5/12/2026
Original Price$649,000
Source: SparkMLS
Tax Information
Source: SparkMLS
Legal Description
LOT 24; ALSO S 100 FT OF LOT 25; BLK 'C' PLAT OF THE VILLAGE OF BELLAIRE
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jeanette Gillespie
Coldwell Banker Schmidt-Bellai
Frequently Asked Questions about 201 E Broad Street, Bellaire, MI 49615
Is 201 E Broad Street, Bellaire, MI 49615 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Great Lakes Energy Cooperative. Gas: DTE Gas Company. Sewer: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
Map
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Monthly payment$4,021
Principal & interest$4,021
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
201 E Broad Street, Bellaire, MI 49615
View full property history →
Municipality
Bellaire Village
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