7659 Lake St, Bear Lake, MI 49614
For Sale
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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.
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Craig Phillip Harless Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.