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    Property profile & analytics
    FOR SALE
    Commercial real estate

    7659 Lake St, Bear Lake, MI 49614

    0 ac lot
    Individually Owned 21-yr Hold Free & Clear
    Property ID
    US43-3968955
    Property summary
    AI-generated overview

    This exceptional 1,200 square foot office building, located at 7659 Lake St in Bear Lake, Michigan, presents a unique owner-user investment opportunity. Built in 1994, this single-story Class B building sits on an 8,635 square foot lot and is ideally suited for creative or medical office uses. The asking price is $169,900, translating to $141.58 per square foot. The property boasts a prime location along US 31, offering excellent visibility and accessibility between Traverse City and Manistee. The interior features high ceilings and abundant natural light, creating a bright and welcoming atmosphere. The flexible layout is adaptable to a variety of business needs. This is a single-unit building with one building on the property. The property's APN is 32-221-706-05 and is owned by an LLC. This is an excellent opportunity to establish or expand your business in a thriving community. The property's strategic location and well-maintained condition make it an attractive investment for discerning buyers. Don't miss this chance to own a piece of Bear Lake's vibrant business landscape. The property is located in Manistee County, Michigan, zip code 49614.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0 ac (138 SF)
    APN 32-221-706-05
    UPID US43-3968955
    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
    Current use
    Occupant on record · Public records
    • Craig Phillip Harless Dental Office
    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
    Craig P Harless · 21 yrs held
    Craig P Harless
    since 2005
    1 recorded transaction
    2005
    $142,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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