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Property profile & analytics
OFF-MARKET
Commercial real estate

402 Division St Bellaire, MI 49615

1,700 SF
Property ID
US43-3856289
Property summary
AI-generated overview

This exceptional 12-acre mixed-use property in Bellaire, Michigan, presents a unique investment opportunity for developers and entrepreneurs. Located at 402 S Division, conveniently situated on M-88, next to Papa K's and across from Huntington Bank, this property offers significant potential. The existing 1,700 square foot building features a 3-bedroom, 1.5-bathroom home with an unfinished walk-out lower level, currently suitable for residential use (full-time residence, short-term, or long-term rental). However, its commercial zoning unlocks a wide array of possibilities. With the necessary permits, the property could be developed into various income-generating ventures, including professional offices, a manufactured housing community, an RV park and campground, planned unit developments, a site condominium, or a subdivision. Additional possibilities include a restaurant, retail outlet, storage facility, entertainment venue, vehicle sales, or watercraft storage. The property's extensive size extends from M-88 to an abandoned railroad walking path, offering further development potential. The asking price is $599,000. This property is located in Antrim County, Michigan, zip code 49615.

Property profile
Verified
Property type Commercial real estate
Total area 1,700 SF
UPID US43-3856289
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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