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    Bear Lake, MI Retail Properties & Spaces for Sale

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    Onekama, MI Manistee, MI Frankfort, MI
    Downtown Bear Lake Commercial Building
    $149,900
    1,200 SF
    Downtown Bear Lake Commercial Building

    7659 Lake Street, Bear Lake, MI 49614

    Well-maintained commercial building in downtown Bear Lake, Michigan.
    • Prime downtown Bear Lake location on US‑31, offering excellent visibility and high traffic.
    • Flexible layout suitable for various professional or retail uses.
    • Abundant natural light and high ceilings create a bright and inviting atmosphere.
    • Well‑maintained professional building ideal for business owners or investors.
    • Convenient access between Traverse City and Manistee.
    Updated: Mar 11
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    Established Bar/Restaurant with Home
    $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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    Downtown Bear Lake Professional Building
    $149,900
    Downtown Bear Lake Professional Building

    Well-maintained building in downtown Bear Lake, ideal for business.

    7659 Lake St, 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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    Retail Condo in High-Traffic Area
    $225,000
    2,381 SF
    Retail Condo in High-Traffic Area

    Retail condo in a busy, well-located retail center.

    1681 Benzie Highway, Benzonia, MI 49616

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    Retail Condo in Benzonia
    $225,000
    2,381 SF
    Retail Condo in Benzonia

    Retail condo unit in high-traffic location near Crystal Lake.

    1681 Benzie Hwy, Benzonia, MI 49616

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    Turn-Key Car Wash Opportunity
    $570,000
    0.75 Acres
    Turn-Key Car Wash Opportunity

    Completely upgraded car wash with high traffic exposure.

    235 W Parkdale Avenue, 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.

    Manistee Commercial Land For Sale
    $89,000
    1.05 Acres
    Manistee Commercial Land For Sale

    One-acre commercial land parcel near West Shore Hospital.

    E Parkdale Avenue, Manistee, MI 49660

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    Manistee Land For Sale
    $170,000
    4.37 Acres
    Manistee Land For Sale

    4.37 acre commercial land with high traffic and development potential.

    1130 E Parkdale Avenue, Manistee, MI 49660

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    Development Land Near West Shore
    $170,000
    Development Land Near West Shore

    Commercial land with high traffic and development potential.

    1130 E Parkdale Avenue, Manistee, MI 49660

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    Thompsonville Land For Sale
    Contact for pricing
    0.45 Acres
    Thompsonville Land For Sale

    Land available in Thompsonville with municipal water.

    UNIT 3 NORTH STREET, Thompsonville, MI 49683

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    Bear Lake, MI Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 3 retail properties & spaces for sale in Bear Lake, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $589,800.

    Sale prices for stores in Bear Lake, MI start at $149,900, averaging $294,900, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 1

    Demographics Overview

    Population 2,903
    Population Growth (5Y) +2.8%
    Median Household Income $71,389
    College Educated 39.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49614 $246.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.53%
    Tax Rate vs County Average 0.28 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Manistee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Retail

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