Bear Lake, MI
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    Bear Lake, MI Multifamily Properties for Sale

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    Onekama, MI Arcadia, MI Manistee, MI
    Flexible Office Building on Highway
    $325,000
    1,632 SF
    Flexible Office Building on Highway

    11660 Chippewa Highway, Bear Lake, MI 49614

    Single office building on a busy highway with multi-use zoning and adaptable income potential.
    • 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.
    Updated: Mar 12
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    Office Building Near Bear Lake
    $325,000
    Office Building Near Bear Lake

    11660 Chippewa Highway, Bear Lake, MI 49614

    Office building on a main highway with multi-use zoning.
    • 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.
    Updated: Mar 12
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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.

    Manistee Duplex Investment Opportunity
    $205,000
    0.09 Acres
    Manistee Duplex Investment Opportunity

    Turnkey duplex near downtown and Riverwalk, excellent income potential.

    75 Filer Street, Manistee, MI 49660

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    Mixed-Use Building in Manistee
    $179,900
    4,935 SF
    Mixed-Use Building in Manistee

    Multi-purpose building with residential and retail spaces for sale.

    221 5th Street, Manistee, MI 49660

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    Historic Beulah Landmark Opportunity
    $900,000
    9,000 SF
    Historic Beulah Landmark Opportunity

    Charming granary building with commercial space and rental potential.

    Beulah, MI 49617

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    Beulah Investment Opportunity
    $1,300,000
    9,000 SF
    Beulah Investment Opportunity

    18 condos plus 9,000 SF of commercial space.

    115 North Michigan Avenue, Beulah, MI 49617

    View details

    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.

    Tippy Dam Lodge Retreat
    $999,900
    22.24 Acres
    Tippy Dam Lodge Retreat

    Unique lodge in Manistee National Forest with multiple buildings.

    1306 N Tippy Dam Road, Wellston, MI 49689

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    Traverse City Land with Utilities
    $59,000
    0.52 Acres
    Traverse City Land with Utilities

    Half-acre lot with well, septic, gas, and electric hookup.

    4866 Luanne Lane, Traverse City, MI 49685

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    Land For Sale
    $67,999
    Land For Sale

    Land available in Mason County.

    4993 E Wetland Trail, Custer, MI 49405

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    Recreational Land Bordering National Forest
    $39,900
    0.96 Acres
    Recreational Land Bordering National Forest

    RV recreational lot bordering Manistee National Forest.

    V/L E Kissing Oaks Trail, Custer, MI 49405

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    Bear Lake, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties 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 multifamily 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

    Duplexes 2

    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

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