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    Bear Lake, MI Residential Income Properties for Sale

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    Bear Lake Duplex: Income Potential
    $235,000
    0.67 Acres

    Bear Lake Duplex: Income Potential

    12218 7Th St, Bear Lake, MI 49614

    Charming duplex in Bear Lake with income potential.

    • Solid income potential: Currently generating $1,800 per month.
    • Two well‑kept 2‑bedroom, 1‑bath units, each with its own garage and laundry.
    • Great location: Short walk to Bear Lake, Bear Lake School, Library and Post Office.
    • Opportunity for owner‑occupant: Live in one unit and rent the other for income.
    • Separate utilities: Individual gas and electric meters for each unit.
    Updated: Mar 3
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    Established Bar/Restaurant with Home
    $439,900
    3,800 SF

    Established Bar/Restaurant with Home

    9567 Chippewa Hwy, Bear Lake, MI 49614

    Turn-key bar and restaurant with a home on 2.37 acres.

    • Established bar/restaurant business operating since the 1950s with a strong reputation and loyal customer base.
    • Includes valuable Class C liquor license with Dance, Sunday Sales (and early sun), and Outdoor privileges.
    • Turn‑key operation with a seating capacity of 130 plus a large patio with fire pit and seating, ready for immediate operation.
    • Features a 1991 3‑bedroom, 2‑bath manufactured home on the property, recently remodeled with a metal roof and deck.
    • High visibility location on a major highway (US‑31) with significant traffic count, close to popular destinations.
    Updated: Jan 22
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Bear Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Victorian Home in Onekama
    $749,000
    0.89 Acres

    Victorian Home in Onekama

    Charming, updated Victorian near Portage Lake, ideal for B&B.

    8195 5Th St, Onekama, MI 49675
    View details
    Victorian Bed & Breakfast Near Lake
    $749,000
    2,056 SF

    Victorian Bed & Breakfast Near Lake

    Charming Victorian home with modern updates, near Portage Lake.

    8195 5Th St, Onekama, MI 49675
    View details
    Downtown Manistee Retail Redevelopment Opportunity
    $540,000
    17,000 SF

    Downtown Manistee Retail Redevelopment Opportunity

    17,000 SF retail space with redevelopment potential in downtown Manistee.

    84 Cypress St, Manistee, MI 49660
    View details
    Manistee Multi-Family Investment Opportunity
    $179,900
    0.17 Acres

    Manistee Multi-Family Investment Opportunity

    Multi-family property near downtown Manistee with three apartments.

    112 Hancock St, Manistee, MI 49660
    View details

    Bear Lake, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 residential income properties for sale in Bear Lake, MI on our real estate platform. These investment opportunities span a total of 132,422 square feet of properties for sale, with an estimated market value of $674,900.

    Sale prices for residential income properties in Bear Lake, MI start at $235,000, averaging $337,450, and reaching up to $439,900 — 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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