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    802 Bridge Street, Charlevoix, MI 49720

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    For Sale
    $489,000

    COMMERCIAL - Charlevoix, MI

    Property size:
    4,140 SF
    Price / SF:
    $118/SF
    Added:
    Mar 11, 2026
    Days on Market:
    115
    Last Refresh:
    Jul 3 at 1:06 am

    Property Features for 802 Bridge Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    commercial
    Standard status
    Active
    APN
    052-367-001-00
    Size
    4,140 SF

    Taxes and HOA fees

    Tax Description
    800 & 802 BRIDGE C1 LOTS 1 & 2 OF BLOCK 7 OF MASONS ADDITION

    Utilities

    Heating system
    Natural Gas, Forced Air

    Building Details

    Building materials
    Wood Frame

    We can help!

    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 Mar 11, 2026

    MLS# 478662

    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 near downtown Charlevoix with over 4,000 sq ft total space
    • Currently features 2 tenants with possible space for a third tenant
    • Separate access for both existing tenants
    • Shared conference room available if needed

    Overview

    This commercial building is sized at just over 4,000 square feet and currently operates with two tenants. The property features separate access for both tenant spaces, providing independent entry for each occupant. A shared conference room is available if additional meeting or collaboration space is needed.

    The property is located near downtown Charlevoix at 802 Bridge Street in Charlevoix, Michigan (Charlevoix County). The zoning is listed as commercial.

    For investors or owner-operators seeking a small multi-tenant setup, the building’s current configuration supports two in-place tenants while also leaving additional space for a potential third tenant. The separate entrances help maintain day-to-day independence between occupants, while the shared conference room can support common needs without requiring separate build-outs. This is a straightforward option for buyers interested in owning a commercial office building with existing occupancy and flexible room for an additional office user.

    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 $69.6k $16.80
    − Vacancy −$15.3k −$3.70
    EGI $54.3k $13.10
    − OpEx −$13.6k −$3.28
    NOI $40.7k $9.83
    4,140 SF · lease $16.80/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $581.3K
    $508.6K – $678.1K (±1% cap)
    NOI $40,688 @ 7.0% cap · market cap 8.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $838.0K
    $733.3K – $977.7K (±1% cap)
    NOI $58,662 @ 7.0% cap · market cap 12.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Corporate Settlement Solutions Title Company Corp 1031 Consultant

    Suggested Use

    Daycare Center Kitchen & Bath Showroom Barber Shop Computer & Electronic Repair Electrical Service Cafe & Coffee Shop Acupuncture (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlevoix
    County
    Charlevoix
    State
    Michigan
    Longitude
    -85.258384
    Latitude
    45.312643

    FAQs

    What type of property is this?
    Office units - Commercial building with two separate tenant entrances and room for a potential third occupancy.
    Where is this office units located?
    The property is located at 802 Bridge Street Charlevoix, MI.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: Commercial building near downtown Charlevoix with over 4,000 sq ft total space; Currently features 2 tenants with possible space for a third tenant; Separate access for both existing tenants
    More about this property
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