Downtown Bear Lake Professional
For Sale
$139,000
7659 Lake Street, Bear Lake, MI 49614
Well-maintained building in downtown Bear Lake, ideal for business.
Property Size1,200 SF
Days on Market167
Property Features for 7659 Lake Street
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
10
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,210
Building Details
Building Size
1,200 SF
Year Built
1994
Units
1
Listing Agency:
Dwelling Realty - KW Northern Michigan
(231) 425-6935
Listed By:
Jermaine Elizabeth Sullivan · License #6501365101
(231) 425-6935
Source:
Phgrealty
Added: Mar 11
Changed: Aug 23
Last Checked: Aug 23 at 7:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dwelling Realty - KW Northern Michigan
Investment Insights
Based on property information with market context.
Located in downtown Bear Lake, this well-maintained professional building presents an opportunity for business owners or investors. Situated along US-31 between Traverse City and Manistee, the property benefits from visibility, steady traffic, and convenient access, making it suitable for professional or retail uses. The interior features high ceilings and natural light, creating a bright and inviting atmosphere. The flexible layout allows for multiple business possibilities, whether expanding an existing operation or launching something new. The property is located in the growing Bear Lake community. The bike score is 15, indicating it is somewhat bikeable, and the walk score is 0, indicating it is car-dependent.
Key Highlights
- Prime downtown Bear Lake location on US‑31, offering excellent visibility and access.
- Well‑maintained professional building suitable for business owners or investors.
- Flexible layout adaptable for various professional or retail uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
4,652 visits/mo
0.3 miles
Demographics for 49614, MI
2,985
Population
1,967
Households
1.5
Avg Household Size
51
Median Age
29%
College-Educated
96%
High-School Grad
91.4 sq mi
ZIP Area
33
Density / Sq Mi
$71,389
Median Household Income
$36,739
Median Earnings
$963
Median Rent
$203,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Well-maintained building in downtown Bear Lake, ideal for business.
Where is this storefront property located?
The property is located at 7659 Lake Street Bear Lake, MI.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Prime downtown Bear Lake location on US‑31, offering excellent visibility and access.; Well‑maintained professional building suitable for business owners or investors.; Flexible layout adaptable for various professional or retail uses.
