109 & 111 Bridge Charlevoix, MI 49720
2 bed / 2 bath / 5,656 Sq. Ft. / Other
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Located at 107 & 111 Bridge Street in Downtown Charlevoix, Michigan, this 5,656-square-foot mixed-use building presents a rare and compelling investment opportunity. Positioned directly on US-31 with over 15,000 vehicles passing daily during peak summer months, the property offers exceptional visibility and foot traffic in one of Northern Michigan's most vibrant downtown districts. The ground level is fully occupied by The Happy Troll Restaurant, a well-established tenant operating under a solid five-year lease, providing stable commercial income. Above the restaurant are two one-bedroom residential condos, each with private balconies and stunning views of Round Lake Harbor - ideal for short-term rentals, long-term tenants, or owner use. Additional features include rear alley parking, making a possibility of expansion of residential units more viable, prominent Bridge Street frontage, and a valuable Class C liquor license, which adds operational flexibility and market appeal. Charlevoix enjoys strong year-round tourism with a particular surge in the summer and fall seasons, making this property especially attractive to both local and institutional investors. With diversified income streams, a prime location, and built-in traffic, this asset is well-suited for a range of buyers - from REITs and 1031 exchange investors to owner-occupants seeking a downtown residence with income-producing potential below. This is a turnkey opportunity to acquire a high-demand property in a growing market with appreciation potential and long-term upside.
property details
Type
Other
Status
Active
County
Charlevoix
Sq. Ft.
5,656
Listing Id
477336
Courtesy Of
Austen Lobenherz - Berkshire Hathaway HomeServices Real Estate +1 231 675 4474
List Office Phone
+1 (231) 547-9905
Interior Features
Beds
2
Full Baths
2
Living Area Units
Sq. Ft.
Flooring
Wood
Appliances
Dryer
Range
Refrigerator
Washer
Range
Refrigerator
Washer
Bathrooms Total
2
Exterior Features
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Building Area Total
5,656 Sq. Ft.
Architectural Style
2 Story
Northern Michigan MLS, Inc listings presented by:
203 Bridge St.
Charlevoix, Michigan 49720
(231) 547-9905
Price History
| date | event | price | source |
|---|---|---|---|
|
02/02/2026
02/02/2026
|
Active |
$1,450,000
|
Northern Michigan MLS |
|
07/29/2025
07/29/2025
|
Active |
$1,700,000
|
Northern Michigan MLS |
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Market Trends
Source: Constellation1
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