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About This Home
This 2-bedroom, 2-bathroom commercial at 109 & 111 Bridge in Charlevoix, MI is listed for $1,450,000 ($256 per sqft). the home offers 5,656 sqft of living space on a N/A lot.
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.
Key Features
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$7,755/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
109 & 111 Bridge
Charlevoix, MI 49720
Features & Amenities
Interior Features
Property Details
Views
Heating
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom commercial at 109 & 111 Bridge is listed at $1,450,000 ($256/sqft). The estimated monthly payment is $6,283 based on 20% down at 6.5% interest.
Key features include: 2 stories. Interior Features: Refrigerator, Washer, Natural Gas.
This property is listed by Austen Lobenherz and can be reached at 2316754474 or Austentherealtor@gmail.com.



