For Sale
7659 Lake Street, Bear Lake, MI 49614
$149,900
MLS # 26009198 (Michigan Regional Information Center (MichRIC))
1 bathBuilt 19940.2 acres
1 / 22
Listing Description
Positioned in the heart of downtown Bear Lake, this well-maintained professional building offers an outstanding opportunity for business owners or investors. Located along US-31 between Traverse City and Manistee, the property benefits from excellent visibility, steady traffic, and convenient access, making it an ideal location for a variety of professional or retail uses. Inside, you'll find a welcoming, thoughtfully designed interior with high ceilings and abundant natural light that create a bright, open, and inviting atmosphere. The flexible layout allows for multiple business possibilities, whether you're expanding an existing operation or launching something new. With its prime location, strong presence, and adaptable space, this property is ready for the next owner to bring their vision and turn it into a thriving business in the growing Bear Lake community. Don't miss the chance to make your mark in Bear Lake All information deemed materially reliable but not guaranteed parties
Source: SparkMLS
About this home
1-bath home in Bear Lake Village in Bear Lake built in 1994.
Listed at $149,900.
Annual property taxes run approximately $4,210 ($351/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Superior Energy Company.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeOffice
Bathrooms1
Lot Size0.2 acres
Year Built1994
Location
CityBear Lake
MunicipalityBear Lake Vlg
Zip Code49614
CountyManistee
School DistrictBear Lake
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
SewerSeptic Tank
UtilitiesNatural Gas Connected, Electricity Connected, Cable Connected
InteriorBroadband
Sale & Financing
Listed3/10/2026
Terms AcceptedConventional, Land Contract, Cash
Source: SparkMLS
Tax Information
Annual Tax$4,210
Tax Year2025
State Equalized Value$87,300
Taxable Value$78,462
Assessed Value$76,400
Parcel #32-221-706-05
Source: Public Records
Legal Description
VILLAGE OF BEAR LAKE LOT 3 BLOCK D
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Jermaine Elizabeth Sullivan
Dwelling Realty - KW Northern Michigan
Frequently Asked Questions about 7659 Lake Street, Bear Lake, MI 49614
What school district is 7659 Lake Street, Bear Lake, MI 49614 in?
Per MLS# 26009198, this property is served by Bear Lake. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 7659 Lake Street, Bear Lake, MI 49614?
Per MLS# 26009198, the seller has indicated this property accepts the following financing types: Conventional, Land Contract, Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26009198, the most recent reported annual property tax for 7659 Lake Street, Bear Lake, MI 49614 is $4,210 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 7659 Lake Street, Bear Lake, MI 49614 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 7659 Lake Street, Bear Lake, MI 49614 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Superior Energy Company. Sewer: Septic Tank. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Bear Lake Vlg police department or the Manistee County sheriff's office.
Loading map...
Mortgage Calculator
$
%
$
$
$
Monthly payment$972
Principal & interest$972
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Superior Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7659 Lake Street, Bear Lake, MI 49614
View full property history →
Municipality
Bear Lake Village
View all listings →
Get email alerts for new listings near 7659 Lake Street
We'll notify you when something hits the market in Bear Lake Village or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.