Beaver Island, MI
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    Beaver Island, MI Apartment Buildings for Sale

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    Beaver Island Bar and Restaurant
    $2,400,000
    7,748 SF

    Beaver Island Bar and Restaurant

    26251 Main Street, Beaver Island, MI 49782

    Established bar and restaurant with apartment on Beaver Island.

    • Two established and profitable bar/restaurant businesses included: The Shamrock and The Beachcomber.
    • The Shamrock is one of the only year‑round restaurants on Beaver Island.
    • Includes a 4‑bedroom apartment, configurable as two separate 2‑bedroom units.
    • The Shamrock has been a Beaver Island staple for nearly 100 years.
    • The Beachcomber has potential for a full or limited kitchen, offering expansion possibilities.
    Updated: May 28, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Beaver Island, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Building in Traverse City
    $1,400,000
    3,250 SF

    Historic Mixed-Use Building in Traverse City

    Unique mixed-use property in prime Traverse City location.

    601 Randolph Street, Traverse City, MI 49684
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    Historic Mixed-Use Building Near West Bay
    $1,400,000

    Historic Mixed-Use Building Near West Bay

    Unique mixed-use property in prime location near shopping and dining.

    601 Randolph St, Traverse City, MI 49684
    View details
    Beulah Investment Opportunity
    $1,300,000
    9,000 SF

    Beulah Investment Opportunity

    18 condos plus 9,000 SF of commercial space.

    115 North Michigan Avenue, Beulah, MI 49617
    View details
    Beulah Investment Opportunity
    $1,295,000
    18,000 SF

    Beulah Investment Opportunity

    18 condo units with additional space for development.

    115 N Michigan Ave, Beulah, MI 49617
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
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    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    0.10 Acres

    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226
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    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    Beaver Island, MI Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Beaver Island, MI on our real estate platform. These investment opportunities span a total of 7,748 square feet of properties for sale, with an estimated market value of $2,400,000.

    Sale prices for two-family homes in Beaver Island, MI start at $2,400,000, averaging $2,400,000, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Beaver Island property taxes are above the county average by 0.34 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $3.73 per sq ft
    Tax Rate (average for all types) 3.66%
    Tax Rate vs County Average 0.34 pp above county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Beaver Island.

    Beaver Island Demographics Overview

    Population 752
    Population Growth (5Y) +33.8%
    Median Household Income $70,000
    College Educated 75.0%

    Top Neighborhoods for Investment

    Discover the areas of Beaver Island with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    49782 $2.4M - 2.4M $2.4M

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