Live - Work Space

Bear Lake, MI Live-work Space for Sale

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Arcadia, MI Onekama, MI Manistee, MI
Flexible Office Building on Highway
Updated: Mar 12
Flexible Office Building on Highway

11660 Chippewa Highway, Bear Lake, MI 49614

$325,000
1,632 sqft · 0.81 AC lot
High‑visibility location on busy US31 highway between Manistee & Traverse City with 5000‑13,000 vehicles per day.
Multi‑use zoning allows for flexible use as office, short‑term rental, duplex, or other income‑producing venture.
Convenient highway access for clients, guests, or tenants.
Located in a growing Northern Michigan area, offering outstanding potential.
Building is currently set up as an office and could be easily reimagined.
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Office Building Near Bear Lake
Updated: Mar 12
Office Building Near Bear Lake

11660 Chippewa Highway, Bear Lake, MI 49614

$325,000
High‑visibility location on busy US31 between Manistee & Traverse City.
Flexible multi‑use zoning allows for diverse business or residential applications.
Potential for various income‑producing ventures such as short‑term rental, duplex, or office.
Easy access for clients, guests, or tenants due to highway location.
Located near Wolf River Golf Park.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Bear Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Turnkey Live/Work Building with Studio
Turnkey Live/Work Building with Studio

1323 S Cass Street, Traverse City, MI 49684

$975,000
1,792 sqft · 0.28 AC lot

ADA-compliant office on the main level plus a fully renovated, furnished studio apartment above.

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Live-Work Building with Parking Lot
Live-Work Building with Parking Lot

1323 S Cass Street, Traverse City, MI 49684

$975,000
1,792 sqft

Turnkey office with an ADA-compliant main level and furnished studio apartment above, plus a 16-space parking lot.

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Storefront Live-Work with Residential Quarters
Storefront Live-Work with Residential Quarters

201 State Street, Luther, MI 49656

$246,000
2,590 sqft

Versatile storefront configuration with attached living space and central air, plus ample garage space for vehicles and gear.

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Versatile Commercial Property with Living Space
Versatile Commercial Property with Living Space

201 State Street, Luther, MI 49656

$250,000
3,670 sqft

Unique live/work property with storefront, residential quarters, and large garage.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Ludington Waterfront Development Opportunity
Ludington Waterfront Development Opportunity

W Danaher St, Ludington, MI 49431

$245,000
0.19 AC lot

Prime Ludington building site with flexible mixed-use zoning.

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Parking Lot and Events Site
Parking Lot and Events Site

407 Turner Avenue NW, Grand Rapids, MI 49504

$1,475,000
7,316 sqft · 0.32 AC lot

City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

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Spacious Commercial Building on M-65
Spacious Commercial Building on M-65

4271 N M-65, Hale, MI 48739

$480,000
5,500 sqft · 4.00 AC lot

Large commercial building with living space on heavily traveled M-65.

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Kalamazoo Land For Sale
Kalamazoo Land For Sale

209 E North Street, Kalamazoo, MI 49007

$55,000
0.16 AC lot

Land zoned Live Work 1 with downtown views.

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Bear Lake, MI Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Bear Lake, MI on our real estate platform. These investment opportunities span a total of 1,632 square feet of properties for sale, with an estimated market value of $325,000.

Sale prices for live-work properties in Bear Lake, MI start at $325,000, averaging $325,000, and reaching up to $325,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 4

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 $325K

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

Office

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