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732 E Cayuga St, Bellaire, MI, 49615

0beds
1baths
1,200sqft
$289,000
$241price/sqft
$2,228/moest. monthly cost
$89,120/yrincome needed

About This Home

Exceptional business opportunity in the heart of Bellaire, Michigan! Real Estate only listed for sale. This well-maintained commercial building is perfectly positioned for a retail shop, boutique, or professional office space, right in the vibrant Village of Bellaire. A welcoming front porch provides a great spot to sit and relax. Craven Park is located just across the street, adding to the charm and foot traffic appeal of this prime location. The main level offers approximately 1,200 sq. ft. of finished space, ideal for showcasing products or hosting customers in a highly visible location. The upper level, also approx. 1,200 sq. ft., is unfinished and ready for your vision. It’s a fantastic opportunity to create additional income or live-work convenience by converting the space into an apartment or short-term rental. Village water, sewer, natural gas, electric, and cable internet are all available for easy modern operation. Surrounded by Northern Michigan’s natural beauty, Bellaire is a sought-after destination near the Chain of Lakes, Lake Bellaire, and Torch Lake. The ski slopes of Shanty Creek Resort are just five minutes away. The area draws year-round tourism, making it an ideal location for a small business or investment property. Listed at $289,000, this property combines business potential, location, and lifestyle in one exceptional Northern Michigan opportunity!

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Wood Frame/Site Built

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,200 sqft

Property

Details

  • Parcel number: 054103000215

Features

  • Levels: Two Or More
  • Patio & porch: Deck

Lot

  • Lot size: 0.46 Acres
  • Lot size dimensions: 100 x 200

Parking

  • Parking features: No Garage Or Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Tsunami

FEMA Declared Disasters in Antrim County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,461$17,532
Home Insurance *$105$1,260
Property Taxes $474$5,688
Electricity $188$2,259
Total$2,228$26,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,388/yr
40% on housing$66,840/yr
45% on housing$59,413/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 49615$349
Antrim County$330

vs Homes Sold Last Month

Median $/sqft

ZIP 49615
Antrim County$254

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-10Listed for sale$289,000
2023-06-13Listing removed--
2023-05-24Listed for sale$275,000
2010-09-07Sold$130,000

For Sale by Agent

AgentAdam Boyce
BrokeragePat O'Brien & Associates - Charlevoix

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