Bear Lake, MI Commercial Real Estate for Sale

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Arcadia, MI Onekama, MI Manistee, MI Kaleva, MI Frankfort, MI Benzonia, MI Brethren, MI Eastlake, MI
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Downtown Office Building with Lakefront
Updated: Mar 11
Downtown Office Building with Lakefront

7659 Lake Street, Bear Lake, MI 49614

$139,000
1,200 sqft 0.20 AC lot
1,200 SF office building on a 0.2‑acre site
Located along US‑31 in downtown Bear Lake
Lake waterfront feature
Built in 1994 with vinyl siding and a composition roof
Central air conditioning and forced‑air heating
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Turnkey Restaurant with Outdoor Patio
Updated: Jan 20
Turnkey Restaurant with Outdoor Patio

9567 Chippewa Highway, Bear Lake, MI 49614

$439,900
3,800 sqft 2.37 AC lot
Established bar/restaurant business operating since the 1950s with a strong reputation and loyal customer base.
Includes valuable Class C liquor license with Dance, Sunday Sales (and early sun), and Outdoor privileges.
Turn‑key operation with a seating capacity of 130 plus a large patio with fire pit and seating, ready for immediate operation.
Features a 1991 3‑bedroom, 2‑bath manufactured home on the property, recently remodeled with a metal roof and deck.
High visibility location on a major highway (US‑31) with significant traffic count, close to popular destinations.
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Downtown Bear Lake Professional Building
Downtown Bear Lake Professional Building

7659 Lake St, Bear Lake, MI 49614

$149,900
0.20 AC lot

Well-maintained office building in downtown Bear Lake with high visibility.

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Downtown Bear Lake Professional Building
Downtown Bear Lake Professional Building

7659 Lake St, Bear Lake, MI 49614

$139,000

Well-maintained building in downtown Bear Lake, ideal for business.

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Turn-Key Bar & Restaurant With Patio
Turn-Key Bar & Restaurant With Patio

9567 Chippewa Highway, Bear Lake, MI 49614

$439,900

Bar and restaurant operation with seating for 130, outdoor patio, and included equipment, fixtures, and Class C liquor license.

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Office Building Near Bear Lake
Office Building Near Bear Lake

11660 Chippewa Highway, Bear Lake, MI 49614

Contact for pricing

Office building on a main highway with multi-use zoning.

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Turn-Key Motel with Pool
Turn-Key Motel with Pool

12273 West Street, Bear Lake, MI 49614

Contact for pricing

Motel offering 20 rooms, a swimming pool, Wi-Fi, and recent building upgrades including new septic and electric systems.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Bear Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Mixed-Use Storefront and Home
Mixed-Use Storefront and Home

4990 Main Street, Onekama, MI 49675

$349,000
3,500 sqft 0.16 AC lot

Mixed-use property with a commercial storefront and a 3-bedroom home behind it, plus garage and workshop space.

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Mixed-Use Retail and Residence
Mixed-Use Retail and Residence

4990 Main Street, Onekama, MI 49675

$349,000
3,500 sqft

Front retail storefront with a spacious 3-bedroom home behind, plus garage and additional workshop space.

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Industrial Flex Building With Drive-In Access
Industrial Flex Building With Drive-In Access

14055 Luhtanen Avenue, Kaleva, MI 49645

$165,000
1,770 sqft 1.06 AC lot

Light-manufacturing building with office, varied ceiling heights, storage areas, and exterior space for equipment or materials.

View details
Hunting Land With Cabin
Hunting Land With Cabin

13251 MAKINEN ROAD, Kaleva, MI 49645

$179,000

Gated acreage combines tillable ground, mixed timber, and an existing cabin with wood-stove heat.

View details

Off-Market Properties in Bear Lake, MI

Consider similar Off-Market properties in Bear Lake, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

9197 Chippewa Hwy
COMMERCIAL (GENERAL)

9197 Chippewa Hwy, Bear Lake, MI 49614-9409

$220,000
Estimated value
2.95 AC lot
View details
11740 Chippewa Hwy
COMMERCIAL (GENERAL)

11740 Chippewa Hwy, Bear Lake, MI 49614-9448

$190,000
Estimated value
View details
12273 Ww St
COMMERCIAL (GENERAL)

12273 Ww St, Bear Lake, MI 49614-9440

$365,000
Estimated value
View details
7710 Lk St
COMMERCIAL (GENERAL)

7710 Lk St, Bear Lake, MI 49614-5110

$125,000
Estimated value
View details
11969 Chippewa Hwy
COMMERCIAL (GENERAL)

11969 Chippewa Hwy, Bear Lake, MI 49614-9424

$185,000
Estimated value
View details
6882 Potter Rd
COMMERCIAL (GENERAL)

6882 Potter Rd, Bear Lake, MI 49614-9505

$65,000
Estimated value
1.00 AC lot
View details
18368 Pleasanton Hwy
COMMERCIAL (GENERAL)

18368 Pleasanton Hwy, Bear Lake, MI 49614-9686

$190,000
Estimated value
14.14 AC lot
View details
Chippewa Hwy
VACANT COMMERCIAL LAND

Chippewa Hwy, Bear Lake, MI 49614

Value Estimation by Request
View details
12324 Wise St
COMMERCIAL (GENERAL)

12324 Wise St, Bear Lake, MI 49614-5117

$100,000
Estimated value
View details
12328 Virginia St
COMMERCIAL (GENERAL)

12328 Virginia St, Bear Lake, MI 49614-5100

Value Estimation by Request
0.12 AC lot
View details
9310 Taylor Rd
COMMERCIAL (GENERAL)

9310 Taylor Rd, Bear Lake, MI 49614

$140,000
Estimated value
40.00 AC lot
View details
12201 Smith St
COMMERCIAL (GENERAL)

12201 Smith St, Bear Lake, MI 49614-9725

$160,000
Estimated value
View details
12346 Smith St
COMMERCIAL (GENERAL)

12346 Smith St, Bear Lake, MI 49614-9788

$225,000
Estimated value
0.37 AC lot
View details
7753 Potter Rd
COMMERCIAL (GENERAL)

7753 Potter Rd, Bear Lake, MI 49614-9519

Value Estimation by Request
View details
13991 Potter Rd
COMMERCIAL (GENERAL)

13991 Potter Rd, Bear Lake, MI 49614-9664

$320,000
Estimated value
30.00 AC lot
View details
9575 Potter Rd
COMMERCIAL (GENERAL)

9575 Potter Rd, Bear Lake, MI 49614

Value Estimation by Request
15.79 AC lot
View details
10963 Potter Rd
COMMERCIAL (GENERAL)

10963 Potter Rd, Bear Lake, MI 49614

Value Estimation by Request
3.37 AC lot
View details

Bear Lake, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Bear Lake, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $1,307,700.

Sale prices for business properties in Bear Lake, MI start at $139,000, averaging $261,540, and reaching up to $439,900 — 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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Demographics Overview

Population 2,903
Population Growth (5Y) +2.8%
Median Household Income $71,389
College Educated 39.9%

High-Yield Neighborhoods for Investment

Identify Bear Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49614 $278.9K

Taxes & Financing

Tax Rate (average for all types) 3.53%
Tax Rate vs County Average 0.28 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manistee County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Manistee County

Retail

Residential Income

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