2,400 sqft

$589,000

201 E Broad Street, Bellaire MI, 49615

Price per sqft$245.42

Built in1950

Property size2,400 sqft

Property typeCommercial

Overview

Active

Listed May 13, 2026

Updated 11 days ago

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 Michiganâ€™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 buildingâ€™s functionality and long-term appeal. The bar structure and attached lighting are included in the sale; tenant-owned furniture, dÃ©cor, 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.

Additional information

MLS^® ID: 80068168

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.28 Acres

Other Property Details

Municipality: Kearney Twp

Listed by Jeanette Gillespie with Coldwell Banker Schmidt-Bellai
Listing Contact: 231-676-8023

Based on information originating from the MiRealSource as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/12/2026 at 10:47 PM UTC