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    Charlevoix, MI
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    Charlevoix, MI Multifamily Properties for Sale

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    East Jordan, MI Ellsworth, MI Boyne City, MI Central Lake, MI Eastport, MI Petoskey, MI Kewadin, MI Northport, MI
    Mixed-Use Building with Restaurant
    Updated: Feb 2
    Mixed-Use Building with Restaurant

    109 & 111 Bridge, Charlevoix, MI 49720

    $1,450,000
    5,656 sqft
    5,656‑SF mixed‑use building at 107 & 111 Bridge Street in Downtown Charlevoix, MI
    Direct US‑31 frontage with over 15,000 vehicles passing daily during peak summer months
    Ground level fully occupied by The Happy Troll Restaurant under a solid five‑year lease
    Two 1‑bedroom residential condos above the restaurant, each with a private balcony
    Cable available; heating uses natural gas
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    This listing looks promising.

    Here's a quick look at some key insights for

    109 & 111 Bridge, Charlevoix, MI 49720

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $68K
      Annual

    • Price @ 7% Cap

      $969K
      Suggested
    View Property Analytics
    Historic Mixed-Use Building with Rooftop
    Updated: Jun 26
    Historic Mixed-Use Building with Rooftop

    211 Bridge, Charlevoix, MI 49720

    $3,995,000
    10,500 sqft
    Iconic building originally built in 1915; restored to its original brick facade with many original finishes and design elements intact
    Building includes two retail spaces on Bridge street level
    Level two features three renovated short‑term rental apartments
    Garden level has two apartments currently undergoing renovations
    Rooftop gathering area with loungers and a plunge pool with views of Downtown Charlevoix and Round Lake
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    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    211 Bridge Street, Charlevoix, MI 49720

    $3,995,000
    10,500 sqft

    Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Charlevoix, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Mixed-Use Building with Office
    Mixed-Use Building with Office

    602 Jackson Street, Petoskey, MI 49770

    $564,900
    2,329 sqft

    Three-unit property includes a leased professional office and two upgraded 1-bedroom apartments.

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    Mixed-Use Waterfront Parcel Package
    Mixed-Use Waterfront Parcel Package

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft 3.40 AC lot

    Eight parcels totaling 360 feet of waterfront on Lake Charlevoix, with a renovated office/retail and event venue.

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    Mixed-Use Building with Rental Micro-Units
    Mixed-Use Building with Rental Micro-Units

    525 W Mitchell St, Petoskey, MI 49770

    $1,930,000
    22,405 sqft

    Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

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    Multi-Use Waterfront Property
    Multi-Use Waterfront Property

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft 3.40 AC lot

    Eight parcels totaling 3.4 acres with 360 feet of Lake Charlevoix waterfront, including event, warehouse, rentals, and office/retail buildings.

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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.

    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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    Traverse City Land with Utilities
    Traverse City Land with Utilities

    4866 Luanne Lane, Traverse City, MI 49685

    $59,000
    0.52 AC lot

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

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    Tippy Dam Lodge Retreat
    Tippy Dam Lodge Retreat

    1306 N Tippy Dam Road, Wellston, MI 49689

    $999,900
    22.24 AC lot

    Unique lodge in Manistee National Forest with multiple buildings.

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    Private Campground Lot with Hookups
    Private Campground Lot with Hookups

    4537 Pine Run, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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    Off-Market Properties in Charlevoix, MI

    Consider similar Off-Market properties in Charlevoix, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6822 Us-31
    Multifamily properties

    6822 Us-31, Charlevoix, MI 49720

    Value Estimation by Request
    2,490 sqft 1.33 AC lot
    View details

    Charlevoix, MI Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Charlevoix, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 26,656 square feet of properties for sale, with an estimated market value of $9,440,000.

    Sale prices for multifamily properties in Charlevoix, MI start at $1,450,000, averaging $3,146,666, and reaching up to $3,995,000 — 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

    Short term rental properties 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 9,113
    Population Growth (5Y) +4.2%
    Median Household Income $76,127
    College Educated 26.3%

    High-Yield Neighborhoods for Investment

    Identify Charlevoix submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49720 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.34%
    Property Tax per SF $1.89 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Charlevoix County

    Residential Income

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