732 E Cayuga Street, Bellaire, MI 49615
COMMERCIAL - Bellaire, MI
- Added:
- Feb 20, 2026
- Days on Market:
- 133
- Last Refresh:
- Jul 3 at 2:06 am
Property Features for 732 E Cayuga Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Window features
- Wood Frames
- Standard status
- Active
- APN
- 05-41-030-002-15
- Size
- 2,400 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Description
- PARCEL B..COM AT THE NE COR OF SEC 30; TH S 00 DEG W 33 FT ALG E SEC LINE TO S LINE OF E CAYUGA.....
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1920
- Building materials
- Wood Frame
- Roof type
- Shingle
Listing agent Adam Boyce (231) 330-5035
Listing office Pat O'Brien & Associates - Charlevoix 701 S Bridge St., Charlevoix, MI (231) 547-7701
Listing date Feb 20, 2026
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
- Commercial building in Bellaire, MI with wood‑frame construction and shingle roof
- Heating includes natural gas forced‑air
- Main level offers approx. 1,200 sq. ft. of finished space
- Upper level has approx. 1,200 sq. ft. and is unfinished for future buildout
- Utilities available: village water, sewer, natural gas, electric, and cable internet
- Built in 1920
Overview
Located in the Village of Bellaire, the property sits near neighborhood activity, with Craven Park located across the street. The setting aligns with a year-round visitor market, supporting a range of small business concepts, from retail shop or boutique uses to professional office space.
With a finished ground floor for immediate occupancy and a second level that can be adapted, the building suits tenants or owners looking for a flexible layout. The upper level’s open, unfinished condition provides a path to additional revenue through conversion to an apartment or short-term rental, subject to applicable requirements.
Local Financial Insights For Retail
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 | $37.2k | $15.48 |
| − Vacancy | −$1.6k | −$0.65 |
| EGI | $35.6k | $14.83 |
| − OpEx | −$10.7k | −$4.45 |
| NOI | $24.9k | $10.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bellaire
- County
- Antrim
- State
- Michigan
- Longitude
- -85.19625
- Latitude
- 44.974906
