Bear Lake, MI Residential income properties for sale

$325,000

1,632 SF

Commercial Building Near Bear Lake

11660 Chippewa Highway, Bear Lake, MI 49614

Versatile commercial building on a main highway with multi-use zoning.

High‑visibility location on busy US31 highway between Manistee & Traverse City with 5000‑13,000 vehicles per day.
Multi‑use zoning allows for flexible use as office, short‑term rental, duplex, or other income‑producing venture.
Convenient highway access for clients, guests, or tenants.
Located in a growing Northern Michigan area, offering outstanding potential.
Building is currently set up as an office and could be easily reimagined.

Updated: Mar 12

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$439,900

3,800 SF

Established Bar/Restaurant with Home

9567 Chippewa Highway, 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 20

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$325,000

Office Building Near Bear Lake

Office building on a main highway with multi-use zoning.

11660 Chippewa Highway, Bear Lake, MI 49614

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Bear Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Versatile Commercial/Residential Property on US-31

$1,325,000

9,500 SF

Versatile Commercial/Residential Property on US-31

Multi-use commercial and residential property with high visibility.

480 E Parkdale Avenue, Manistee, MI 49660

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$349,000

3,500 SF

Versatile Mixed-Use Property on M-22

Mixed-use property with commercial storefront and residential space on M-22.

4990 Main Street, Onekama, MI 49675

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$1,099,000

0.21 Acres

Renovated Triplex on Portage Lake

Income-generating, renovated triplex with private dock on Portage Lake.

4642 Main Street, Onekama, MI 49675

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$205,000

0.09 Acres

Manistee Duplex Investment Opportunity

Turnkey duplex near downtown and Riverwalk, excellent income potential.

75 Filer Street, Manistee, MI 49660

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$184,900

16.48 Acres

Kaleva Buildable Land Parcels

Three buildable parcels totaling 17 acres in Kaleva, Michigan.

VL 9 Mile Road, Kaleva, MI 49645

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$184,900

17.00 Acres

Kaleva Land with Buildable Parcels

17 acres with buildable parcels, ideal for recreation.

VL 17 9 Mile Road, Kaleva, MI 49645

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$184,900

17.00 Acres

17 Acres Buildable Land Parcels

Three buildable parcels totaling 17 acres in Kaleva, Michigan.

VL 17 9 MILE ROAD, Kaleva, MI 49645

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$89,000

9.99 Acres

9.99 Acres Heavily Wooded Land

9.99 acre wooded parcel near Bear Lake, Michigan.

Chief L Road, Bear Lake, MI 49614

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Bear Lake, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 3 residential income properties for sale in Bear Lake, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,432 square feet of properties for sale, with an estimated market value of $764,900.

Sale prices for residential income properties in Bear Lake, MI start at $325,000, averaging $382,450, 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.

Neighborhood	Average Price
49614	$363.3K

Neighborhood

Average Price

49614

$363.3K

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Bear Lake, MI Residential Income Properties for Sale

11660 Chippewa Highway, Bear Lake, MI 49614

9567 Chippewa Highway, Bear Lake, MI 49614

11660 Chippewa Highway, Bear Lake, MI 49614