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213 N Bridge Street - Northern Michigan Investment Property in the heart of the fastest (smartest) growing region in Michigan! Smart growth because lifestyle is the central focus of this growth. Recreation, things to do, nature, good food, healthy living. Torch lake, Lake Bellaire, Torch River, Jordan River Valley, quaint downtown with a walkability score that is off the charts. Shorts just down the street. Income will only go up, especially if you convert the 4 luxury apartments to AirBnB rentals! State of the art construction! Destination restaurant on the main floor and 4 fully leased apartments. Parking is not an issue! Great investment!

Listing information

  • MLS® ID: 1856836
  • Status: Active
  • New Construction: No
  • Lot Area: 0.18 Acres
  • Style: Mixed Use
  • Stories: 0
  • Foreclosure: No
  • Lot Size: 75 x 100
  • Year Built: 2001
  • Parking Type Description: Reserved / Assigned 50 cars
  • Total Square Footage: 7,200 ($152.78 per sq. foot)
  • County: Antrim

Features

Business Incl Yes
CONSTRUCTION Frame
Deeded Waterfront No
DOCUMENTS ON FILE Business License, Financial, Furniture & Fixtures, Inventory, Leases, Liquor License, Personal Property List, Tax Returns, Title Insurance
ECO Features No
EXTERIOR FEATURES Brick, Wood
Extras 12ft Ceiling Height, Furniture/Fixtures, Phone System, Security System, Sprinkler System
FOUNDATION Block, Entrance Inside, Entrance Outside, Full, Full Finished, Other
HEATING/COOLING SOURCE Natural Gas
HEATING/COOLING TYPE Central Air, Ductless A/C, Hot Water, Zoned/Dual
Inventory Incl Yes
LICENSES Liquor, Other
LOCATION Inside Lot
Other Business Name - Sallie's Alley, Development Name - City of Bellaire, Year Remodeled - 2001
PARKING Assigned, Common, Paved, Street Parking
POSSESSION Negotiable
PRESENT USE Bar, Bed & Breakfast, Other, Recreational/Resort, Restaurant/Food Service
Real Estate Incl Yes
ROAD Blacktop, Public Maintained
ROOF Membrane
SEWER Municipal
TERMS 1031 Exchange, Cash, Commercial Loan, Conventional Mortgage, Modified Gross Lease, Owner Assist (L/C), Purchase Money Mortgage, Rent with Option
UNIVS DESIGN/BARRIER FREE Covered Entrance, Extra Wide Hallways, Main Floor Access, No Steps Entry, Ramped Entrance, Widened Doors
Vacant Land No
WATER Municipal Water
ZONING Commercial, Multi-Family, Office, Planned Unit Development, Restaurant/Food, Retail
Listing Courtesy of Cindy Anderson of Berkshire Hathaway Homeservices Michigan 630 E. Front Street Suite 200 Traverse City Mi 49684