Property profile

26251 Main St Beaver Island, MI 49782

OFF-MARKET
Commercial land
Property ID
US43-3863689
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This property consists of two hospitality-related buildings in Beaver Island, Michigan (Charlevoix County). The combined total living area is 7,748 square feet. One building, the Shamrock Bar and Restaurant at 26251 Main Street, is historically operated as a bar and restaurant and is situated on Main Street. The second building, The Beachcomber Bar, includes a four-bedroom apartment that can be configured as either one four-bedroom unit or two separate two-bedroom units, and it has previously been operated as a combination restaurant and bar, with space suitable for continued bar operation and potential kitchen use depending on tenant/operator configuration. Both businesses have been historically family-operated for multiple generations, and the property is zoned C.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 013-575-001-90
UPID US43-3863689

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

26251 Main St Beaver Island, MI 49782-5101
Beaver Island metro Census 500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 26251 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message