# 126 Water Street, Boyne City, MI 49712

> **TL;DR:** commercial, $475,000 ($223/sqft), built 1950, 2,128 sqft.
> Basement. Est. $2,058/mo. Listed 61 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $475,000 |
| Price/sqft | $223 |
| Square Feet | 2,128 |
| Year Built | 1950 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 61 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,058 |
| **Total** | **$2,058** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1950

## Description

### Agent Description
Business for Sale - Real Estate not included. Turnkey opportunity in the heart of Boyne City! This well-established bicycle shop offers a rare chance to step into a thriving Northern Michigan business with strong community roots and consistent seasonal demand. Ideally located in a high-traffic area right in the heart of downtown and just minutes from Lake Charlevoix, this shop benefits from steady local year round clientele as well as a surge of tourism throughout the spring, summer, and fall.  The business features a fully built-out retail showroom, Top of the line service area(tools & equipment included), and a strong reputation for quality sales and expert repairs. Inventory includes a wide selection of Mountain Bikes, Gravel Bikes, Road Bikes, E-Bikes, tools & accessories, catering to riders of all levels. Established vendor relationships and recognizable brand presence provide a seamless transition for new ownership.  The shop’s location offers ride-from-the-door access to some of the region’s most popular destinations, including the Boyne Forest Trail and Avalanche Preserve. The Boyne Falls–to–Boyne City trail is just over a mile away, and the Boyne City–to–Charlevoix bike path is nearing completion. Positioned in one of Michigan’s emerging premier regions for both mountain and road cycling, the business is well-situated for continued growth, with additional upside potential through bike rentals.  Whether you’re an experienced operator or an enthusiast looking to turn passion into profit, this is a rare chance to own a lifestyle-driven business in one of Northern Michigan’s most desirable communities.

## Location

- **Address:** 126 Water Street, Boyne City, MI 49712
- **County:** Charlevoix
- **Coordinates:** 45.213369, -85.01352
- **Google Maps:** https://www.google.com/maps?q=45.213369,-85.01352

## Listing Agent

- **Name:** James Evans
- **Brokerage:** Pat O'Brien & Associates
- **Phone:** 2315821700
- **Email:** jim@patObrien.com

## Primary Photo

![126 Water Street - Primary Photo](http://lh.rdcpix.com/47401cc124e771ceb9e6e6add13fac30l-f3525236989r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/126-water-street-boyne-city-mi-49712-1943382)*

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**MLS#:** 1943382 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/126-water-street-boyne-city-mi-49712-1943382)

---

## Structured Data

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