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    Mixed-Use Building with Office Title is generated by Realmo AI

    1301 Bridge Street, Charlevoix, MI 49720

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    For Sale
    $349,000

    COMMERCIAL - Charlevoix, MI

    Property size:
    1,989 SF
    Price / SF:
    $175/SF
    Added:
    Apr 11, 2026
    Days on Market:
    87
    Last Refresh:
    Jul 6 at 3:06 pm

    Property Features for 1301 Bridge Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    commercial
    Standard status
    Active
    APN
    052-369-045-00
    Size
    1,989 SF

    Taxes and HOA fees

    Tax Description
    1301 BRIDGE ST R2 LOT 45 OF MASONS SECOND ADDITION.

    Utilities

    Heating system
    Natural Gas

    Building Details

    Building materials
    Wood Frame
    Roof type
    Shingle

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    Contact an agent
    Matthew Murray

    Listing agent Matthew Murray License #6501441581

    Listing office Berkshire Hathaway HomeServices Real Estate 203 Bridge St., Charlevoix, MI

    Listing date Apr 11, 2026

    MLS# 478958

    Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use commercial building with a commercial office space plus a 2‑bedroom apartment above
    • Dedicated main‑level commercial office with heating by natural gas
    • Residential unit: 2‑bedroom apartment above the commercial space for immediate rental income or owner‑occupier use
    • Wood frame construction
    • Shingle roof

    Overview

    This mixed-use building combines a dedicated commercial office with a residential apartment unit above. The main level is configured for an office use, while the upper level provides a two-bedroom apartment, supporting an owner-occupant arrangement or a rental setup. The property totals 1,989 square feet and sits on commercial zoning.

    Located at 1301 Bridge Street in Charlevoix, the building is described as being close to town amenities. The listing notes that the commercial office benefits from visibility to passersby, with the proximity to downtown conveniences intended to serve both clients and customers.

    For buyers or operators seeking a single property that can support both business and residential needs, this layout offers straightforward separation between the office and the apartment above. An owner can run the office from the main level while using the two-bedroom unit for immediate rental income, or retain the apartment for convenient living. As a for-sale mixed-use asset, it may also appeal to investors looking to consolidate commercial and residential cash-flow potential within one building under a commercial zoning designation.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $33.4k $16.80
    − Vacancy −$7.4k −$3.70
    EGI $26.1k $13.10
    − OpEx −$6.5k −$3.28
    NOI $19.5k $9.83
    1,989 SF · lease $16.80/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $279.3K
    $244.4K – $325.8K (±1% cap)
    NOI $19,548 @ 7.0% cap · market cap 5.60%
    Second Best
    Mixed Use
    $271.7K
    $237.8K – $317.0K (±1% cap)
    NOI $19,020 @ 7.0% cap · market cap 5.45%
    Theoretical Best
    Office A
    $402.6K
    $352.3K – $469.7K (±1% cap)
    NOI $28,183 @ 7.0% cap · market cap 8.08%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bill Gengle - State ... Insurance Agency

    Suggested Use

    Hair Salon Kitchen & Bath Showroom Daycare Center Barber Shop Cafe & Coffee Shop Electrical Service Computer & Electronic Repair Bakery Acupuncture Car Rental Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlevoix
    County
    Charlevoix
    State
    Michigan
    Longitude
    -85.259102
    Latitude
    45.308276

    FAQs

    What type of property is this?
    Live-work space - Commercial office space on main level with a two-bedroom apartment above for flexible live-work or income use.
    Where is this live-work space located?
    The property is located at 1301 Bridge Street Charlevoix, MI.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: Mixed‑use commercial building with a commercial office space plus a 2‑bedroom apartment above; Dedicated main‑level commercial office with heating by natural gas; Residential unit: 2‑bedroom apartment above the commercial space for immediate rental income or owner‑occupier use
    More about this property
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