Restaurants

Bellaire, MI Restaurants for Sale

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Kewadin, MI Alden, MI Central Lake, MI Eastport, MI Mancelona, MI Rapid City, MI East Jordan, MI Elk Rapids, MI
Remodeled Handicap-Accessible Storefront
Updated: Jan 20
Remodeled Handicap-Accessible Storefront

103 S Division Street, Bellaire, MI 49615

$245,000
1,400 sqft 0.23 AC lot
Completely remodeled around 2012
Handicap accessible with two bathrooms
Low‑maintenance tile floors and vinyl siding
On a highly traveled state highway, M‑88, with easy entry and exit
Parcel measures 50' x 200' with easement for parking and driveway
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103 S Division Street, Bellaire, MI 49615

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Remodeled Retail Storefront with Parking
Updated: Jan 20
Remodeled Retail Storefront with Parking

Bellaire, MI 49615

$245,000
1,400 sqft 0.23 AC lot
1,400 SF remodeled commercial storefront on highly traveled M‑88 in the Village of Bellaire
Building remodeled around 2012 with low‑maintenance tile floors and vinyl siding, plus plenty of natural light
Handicap accessible with two bathrooms
Parcel size 50' x 200' with an easement for parking and the driveway
On‑site storage shed at the back of the building
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Restaurant and Vacation Rental Building
Restaurant and Vacation Rental Building

213 N Bridge Street, Bellaire, MI 49615

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Four vacation rentals operate under 30-day leases alongside a 5,000 sf restaurant space with fixtures and a long-term tenant.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Bellaire, 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.

Boutique Hotel and Event Space
Boutique Hotel and Event Space

2287 S Main Street, Central Lake, MI 49622

$850,000
3,200 sqft 1.00 AC lot

Turn-key boutique hotel with five suites and an event-ready lower level bar room.

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Remodeled Restaurant Building in Elk Rapids
Remodeled Restaurant Building in Elk Rapids

151 River Street, Elk Rapids, MI 49629

$1,174,000
5,580 sqft 0.18 AC lot

Turn-key restaurant with outdoor dining in desirable downtown market.

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Boutique Hotel with Event Space
Boutique Hotel with Event Space

2287 S Main Street, Central Lake, MI 49622

Contact for pricing
3,200 sqft

Boutique hotel and event space featuring five suites, private baths, and a remodeled speakeasy/barrel room.

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Turn-Key Restaurant with Patio
Turn-Key Restaurant with Patio

151 River Street Unit SourceFi, Elk Rapids, MI 49629

Contact for pricing
5,580 sqft

Recently remodeled single-tenant restaurant with a commercial kitchen and outdoor patio seating.

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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.

Elmira Land Parcel on Woodward
Elmira Land Parcel on Woodward

V/L 1.6AC Woodward Avenue, Elmira, MI 49730

$63,900
1.60 AC lot

1.6-acre parcel with meadow and woods near M-32 Highway.

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Mixed-Use Development Site with Theatre
Mixed-Use Development Site with Theatre

4160 M-72 E, Williamsburg, MI 49690

$1,995,000
12,259 sqft 4.35 AC lot

Shovel-ready mixed-use parcel with fully developed utilities and an included former dinner theatre building.

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Vacant Commercial Buildable Parcel
Vacant Commercial Buildable Parcel

11758 - 2 US 31 Highway lot: Parcel E, Charlevoix, MI

$175,000
1.93 AC lot

Build-ready commercial land on US 31 with shared curb cut and utility availability for planned development.

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Commercial Land with Security Lease
Commercial Land with Security Lease

1518 & 1520 Bridge Street, Charlevoix, MI 49720

$795,000
2,900 sqft 1.50 AC lot

Multiple parcels total 1.5 acres with frontage on three roads, currently leased to a security company.

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Bellaire, MI Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Bellaire, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,800 square feet of properties for sale, with an estimated market value of $490,000.

Sale prices for restaurant properties in Bellaire, MI average $245,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3

Demographics Overview

Population 4,077
Population Growth (5Y) +7.1%
Median Household Income $78,750
College Educated 61.4%

High-Yield Neighborhoods for Investment

Identify Bellaire submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49615 $245K

Taxes & Financing

Tax Rate (average for all types) 2.15%
Property Tax per SF $16.66 per SF
Tax Rate vs County Average 0.17 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Antrim County

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