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    Berkshire Hathaway HomeServices Real Estate

    203 Bridge St., Charlevoix, MI 49720
    (231) 547-9905
    Web Site
    Size: 10+ agents

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    For Sale (49)

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    Waterfront Resort Near Silver Lake Dunes
    $8,900,000
    63,000 SF

    Waterfront Resort Near Silver Lake Dunes

    Turn-key waterfront hotel with development potential near Silver Lake Dunes.

    1180 North Shore Dr, Mears, MI 49436
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    Lots/Land - Charlevoix, MI
    $199,000

    Lots/Land - Charlevoix, MI

    Marinas

    202 Ferry Ave, Charlevoix, MI 49720
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    New Industrial Unit Near Launch
    $329,000
    3,200 SF

    New Industrial Unit Near Launch

    New 3,200 SF industrial unit with modern amenities.

    13715 Clark Rd, Charlevoix, MI 49720
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    Waterfront Resort Near Silver Lake Dunes
    $8,900,000
    63,000 SF

    Waterfront Resort Near Silver Lake Dunes

    Turn-key waterfront hotel with development potential near Silver Lake Sand Dunes.

    1180 N Shore Dr, Mears, MI 49436
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    7.5 Acres Between Two Lakes
    $139,900
    7.51 Acres

    7.5 Acres Between Two Lakes

    7.5-acre estate parcel near Torch and Elk Lakes.

    B-3 Stallman Rd, Rapid City, MI 49676
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    Land Near Torch and Elk Lake
    $159,900
    7.51 Acres

    Land Near Torch and Elk Lake

    7.5-acre estate parcel near Torch and Elk Lake.

    B-4 Stallman Rd, Rapid City, MI 49676
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    Turnkey Inn on Blue Bear Trail
    $839,650
    2,618 SF

    Turnkey Inn on Blue Bear Trail

    Established inn with modern facilities and prime trail access.

    19 W Bear Lake Rd, Kalkaska, MI 49646
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    Charlevoix Land Overlooking Lake Michigan
    $102,000
    1.87 Acres

    Charlevoix Land Overlooking Lake Michigan

    Residential land with countryside views, near Lake Michigan access.

    8 Foxview Dr, Charlevoix, MI 49720
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    Kalkaska Warehouse with Office Space
    $2,900,000
    31,000 SF

    Kalkaska Warehouse with Office Space

    31,000+ sqft warehouse with offices in Kalkaska, Michigan.

    210 Park Dr W, Kalkaska, MI 49646
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    Lots/Land - Charlevoix, MI
    $219,900
    10.00 Acres

    Lots/Land - Charlevoix, MI

    Residential land & home lots • 10.00 Acres

    7777 Mulberry Ln, Charlevoix, MI 49720
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    Commercial/Industrial Unit in Charlevoix
    $219,000
    1,875 SF

    Commercial/Industrial Unit in Charlevoix

    Steel storage unit with utilities and easy highway access.

    6555 Cvx, Charlevoix, MI 49720
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    Bed and Breakfast Opportunity
    $1,700,000
    3,814 SF

    Bed and Breakfast Opportunity

    Bed and Breakfast in a highly visible and desired location.

    113 Michigan Ave, Charlevoix, MI 49720
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    New Industrial Unit Near Launch
    $209,000
    1,800 SF

    New Industrial Unit Near Launch

    New 1,800 SF industrial unit with community water.

    13715 Clark Rd, Charlevoix, MI 49720
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    Commercial Land on US 31
    $189,000
    1.70 Acres

    Commercial Land on US 31

    Vacant commercial parcel ready to build on US 31.

    11758 Us 31, Charlevoix, MI 49720
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    Land Overlooking Lake Michigan
    $102,000
    1.87 Acres

    Land Overlooking Lake Michigan

    Vacant land with views of Lake Michigan near Charlevoix.

    8 Foxview Dr, Charlevoix, MI 49720
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    Commercial Land on US 31
    $199,000
    1.56 Acres

    Commercial Land on US 31

    1.56 acre commercial land with high traffic visibility.

    11758 Us 31 Hwy, Charlevoix, MI 49720
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    Commercial Property Near Airport Entrance
    $795,000
    2,900 SF

    Commercial Property Near Airport Entrance

    Commercial property with frontage on three roads, ideal for drive-through.

    1518 & 1520 Brg, Charlevoix, MI 49720
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    Commercial Land Ready for Development
    $60,000
    0.50 Acres

    Commercial Land Ready for Development

    Two commercial lots suitable for storage buildings in Charlevoix, MI.

    11709 North Star Dr, Charlevoix, MI 49720
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    Charlevoix Commercial/Industrial Storage Unit
    $32,900
    490 SF

    Charlevoix Commercial/Industrial Storage Unit

    Storage unit near town and boat ramp in Charlevoix.

    13705 Clark Rd, Charlevoix, MI 49720
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    Mixed-Use Building in Downtown Charlevoix
    $1,450,000
    5,656 SF

    Mixed-Use Building in Downtown Charlevoix

    5,656 SF mixed-use building with diversified income streams.

    109 & 111 Brg, Charlevoix, MI 49720
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    Petoskey Development Site with Bay Views
    $369,000

    Petoskey Development Site with Bay Views

    Development site with panoramic bay views, suitable for mixed-use projects.

    4367 Charlevoix Ave, Petoskey, MI 49770
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    New Industrial Unit Near Launch
    $189,000
    1,440 SF

    New Industrial Unit Near Launch

    New 1,440 SF industrial unit near Charlevoix city launch.

    13715 Clark Rd, Charlevoix, MI 49720
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    Commercial Building Near Downtown
    $489,000
    4,140 SF

    Commercial Building Near Downtown

    Commercial building with two tenants and space for a third.

    802 Bridge St, Charlevoix, MI 49720
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    Commercial Land Near City Launch
    $189,000
    0.07 Acres

    Commercial Land Near City Launch

    Commercial land with new pole barn to be built.

    13715 Clark Rd, Charlevoix, MI 49720
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    Residential Land in Peaceful Setting
    $47,000
    1.27 Acres

    Residential Land in Peaceful Setting

    1.27-acre building site near Charlevoix, MI.

    1300 Saw Mill Ln, Charlevoix, MI 49720
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    Commercial Land Near US 31
    $449,000
    6.00 Acres

    Commercial Land Near US 31

    6-acre commercial parcel with highway frontage near Charlevoix Country Club.

    11640 Us 31 N, Charlevoix, MI 49720
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    Commercial Land Near Charlevoix
    $539,900
    5.20 Acres

    Commercial Land Near Charlevoix

    5.2 acre commercial land with utilities near Charlevoix.

    11758 N Us 31, Charlevoix, MI 49720
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    Commercial Land Near Charlevoix
    $175,000
    1.93 Acres

    Commercial Land Near Charlevoix

    Vacant commercial parcel on US 31 ready to build.

    11758 Us 31, Charlevoix, MI 49720
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    40-Foot Boat Slip on Lake Charlevoix
    $192,500

    40-Foot Boat Slip on Lake Charlevoix

    40-foot boat slip with amenities on Lake Charlevoix.

    202 Ferry Ave, Charlevoix, MI 49720
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    Commercial Land with Pole Barn
    $129,000
    0.07 Acres

    Commercial Land with Pole Barn

    Commercial land for sale with planned pole barn.

    13715 Clark Rd, Charlevoix, MI 49720
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    Commercial Land with Planned Pole Barn
    $329,000
    0.07 Acres

    Commercial Land with Planned Pole Barn

    Commercial land with planned 40'x80' pole barn near Charlevoix.

    13715 Clark Rd, Charlevoix, MI 49720
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    Mixed-Use Building in Charlevoix, MI
    $349,000
    1,989 SF

    Mixed-Use Building in Charlevoix, MI

    Versatile mixed-use commercial building with business and residential income.

    1301 Bridge St, Charlevoix, MI 49720
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    25 Acres Commercial Land Available
    $1,199,000
    52.00 Acres

    25 Acres Commercial Land Available

    25 acres of commercial land ideal for RV Park.

    0000 Us 31 N, Charlevoix, MI 49720
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    Vacant Land with Golf Views
    $49,500
    0.58 Acres

    Vacant Land with Golf Views

    Vacant lot in Charlevoix Golf and Fitness community.

    59 Country Club Ct, Charlevoix, MI 49720
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    55 Foot Boat Slip
    $289,000

    55 Foot Boat Slip

    55-foot boat slip on Lake Charlevoix with amenities.

    202 Ferry Ave, Charlevoix, MI 49720
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    New Commercial/Industrial Space Available
    $129,000
    896 SF

    New Commercial/Industrial Space Available

    New commercial/industrial space with modern amenities near city launch ramp.

    13715 Clark Rd, Charlevoix, MI 49720
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    New Commercial/Industrial Unit Available
    $129,000
    896 SF

    New Commercial/Industrial Unit Available

    New commercial/industrial unit with modern amenities and seller financing.

    13715 Clark Rd, Charlevoix, MI 49720
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    30-Foot Boat Slip in Charlevoix
    $140,000

    30-Foot Boat Slip in Charlevoix

    30-foot boat slip with amenities in Charlevoix, Michigan.

    202 Ferry Ave, Charlevoix, MI 49720
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    New Charlevoix Flex Space
    $129,000
    0.07 Acres

    New Charlevoix Flex Space

    New flex space with in-floor heat near Charlevoix.

    13715 Clark Rd, Charlevoix, MI 49720
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    Mixed-Use Commercial Building in Charlevoix
    $1,595,000
    14,937 SF

    Mixed-Use Commercial Building in Charlevoix

    Fully leased commercial building in the heart of Charlevoix.

    201 State St, Charlevoix, MI 49720
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    Spacious Storage Unit Near Charlevoix
    $180,000
    1,800 SF

    Spacious Storage Unit Near Charlevoix

    Storage unit with 14-foot ceilings, ideal for large vehicles.

    11724 North Star Dr, Charlevoix, MI 49720
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    Commercial Land with Planned Pole Barn
    $209,000
    0.07 Acres

    Commercial Land with Planned Pole Barn

    Commercial land for sale with planned 30'x60' pole barn.

    13715 Clark Rd, Charlevoix, MI 49720
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    Established Restaurant in Petoskey, MI
    $120,000
    2,150 SF

    Established Restaurant in Petoskey, MI

    Well-established restaurant with growth potential in Petoskey/Bay Harbor, Michigan.

    3890 Charlevoix Ave, Petoskey, MI 49770
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    Charlevoix Land for Hobby Barns
    $299,000
    0.20 Acres

    Charlevoix Land for Hobby Barns

    Land preapproved for upscale storage near Charlevoix, Michigan.

    6-10 Cvx, Charlevoix, MI 49720
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    Ellsworth Vacant Land Parcel
    $69,900
    6.50 Acres

    Ellsworth Vacant Land Parcel

    6.5-acre vacant land near Ellsworth, Michigan, with elevated lake views.

    Tbd Rushton Rd, Ellsworth, MI 49729
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    Newer Commercial/Industrial Pole Barn
    $209,000
    1,800 SF

    Newer Commercial/Industrial Pole Barn

    Newer 1800 SF commercial/industrial pole barn near city launch.

    13715 Clark Rd, Charlevoix, MI 49720
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    Scenic Land Parcel Near Torch Lake
    $49,900
    1.44 Acres

    Scenic Land Parcel Near Torch Lake

    1.45-acre building parcel with views of Lake Michigan's East Bay.

    Tbd Farrell Rd, Central Lake, MI 49622
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    High-Visibility Commercial Building Near Charlevoix
    $399,000
    2,500 SF

    High-Visibility Commercial Building Near Charlevoix

    2,500 sq ft standalone building, ideal for various businesses.

    6536 N M-66, Charlevoix, MI 49720
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    Charlevoix Commercial Land - US-31
    $219,000

    Charlevoix Commercial Land - US-31

    Prime Commercial Land, US-31, Charlevoix, MI

    0 Us Highway 31, Charlevoix, MI 49720
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    For Lease (4)

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    Downtown Charlevoix Office Space
    $650 / Mo
    250 SF

    Downtown Charlevoix Office Space

    Downtown Charlevoix office space available for rent.

    201 State St, Charlevoix, MI 49720
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    Petoskey Retail or Office Space
    $16 SF/Yr
    2,590 SF

    Petoskey Retail or Office Space

    2,590 sq ft retail/office space in Petoskey, Michigan.

    2160 Anderson Rd, Petoskey, MI 49770
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    Petoskey Retail or Office Space
    $16 SF/Yr
    1,500 SF

    Petoskey Retail or Office Space

    1,500 sq ft retail/office space near major retailers.

    2160 Anderson Rd, Petoskey, MI 49770
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    High-Visibility Commercial Building in Charlevoix
    $2,500 / Mo
    2,500 SF

    High-Visibility Commercial Building in Charlevoix

    2,500 sq ft standalone building near downtown Charlevoix.

    6536 N M-66, Charlevoix, MI 49720
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Berkshire Hathaway HomeServices Real Estate
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