26269 Main Street $2,300,000

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    26269 Main Street Beaver Island, MI 49782

    • 11,512 sq. ft.
    • 0.43 Acres
    • Commercial
    • MLS# 471822
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    Views: 25 Days On Site: 276

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    Property Details

    This is your chance to seize an extraordinary opportunity on Beaver Island! The Power's Do It Best Hardware Store has been the heart and soul of our vibrant community for over 25 amazing years, catering to all our islander's home maintenance needs with an extensive array of top-notch products. But here's the best part: we have an exceptional deal waiting for you! Picture this - an incredible building complex boasting 11,512 square feet of beautifully finished space on the upper level, along with a generous 3,800 square feet of storage space on the lower level. And that's not all - the second level of this complex is like a treasure trove of opportunities. You'll discover three separate condo units, promising you a substantial stream of rental income. These condos are so spectacular; they offer breathtaking views of Paradise Bay! Imagine waking up to such beauty every day. Let's talk details: among these condo units, there are two splendid 3-bedroom units and one cozy 1-bedroom unit, with potential for an additional 2 bedrooms + bath. The views from these units are simply unmatched. Oh, and wait, there's more! An office space has already been thoughtfully established on the second floor, and it comes with an incredible view of the harbor! It's the perfect spot for inspiration and productivity. Now, you might be thinking that all of this comes with a hefty price tag, right? Wrong! We are offering this real estate marvel at an incredibly reasonable asking price of only $1,500,000.00. It's an unbeatable value, and we're confident it won't stay on the market for long. The Do It Best business and its fantastic inventory can be yours for just $800,000.00. We've got special financing programs available through the Do It Best franchise so you can make your dream investment with ease and confidence. Contact our dedicated agent today, and let's get started on making your dreams a reality!

    • General Features
      • Acreage .25 - 1
      • Association No
      • County Charlevoix
      • Features Refrigerator, Washer, Off-Street Parking, Air-Conditioning, Hardwood Floors, Dryer, Range, Exhaust Fan, Loading Dock, Paved Roads
      • Heat1 LP Gas, Boiler, Hot Water Baseboard, Wood
      • Lake Michigan
      • Total Sq Ft 11512
      • Township St. James
      • Type1 Business Opportunity, Commercial Building, Residential Included
      • Utilities Electricity
      • Water Well
      • Water Front Water Access Neither
      • Water Heater Electric
      • Water View Yes
    • Building Features
      • Basement Block, Full
      • Construction Wood Frame
      • Num Of Units 5
      • Roof Asphalt Shingle
      • Stories Two
    • Room Features
      • Bedrooms 9
      • Full Bathrooms 5
      • Num Of Restrooms 7
    • Property Features
      • Approx Lot Dimensions 130 x 133
      • Approx Number Of Acres 0.43
    • Schools
      • School District Beaver Island
    • Additional Features
      • Current Business Type Hotel / Motel / Resort, Medical / Health Care, Office Suite, Retail
      • Sewer Septic

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    Neighborhood

    49782 (Beaver Island) Demographics

    63 Median Age
    8 Population Density (per sq. mile)
    53% College Educated
    $62,679 Estimated Median Income
    264 Estimated Total Home Owners
    21 Estimated Total Renters
    93% / 7% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    578 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,300,000
        8/1/2023 2:36:00 PM New in Database Source: Multiple Listing Service New Value: $2,300,000

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        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLSX). Real estate listings held by brokerage firms other than RE/MAX of Michigan are marked with the NM-MLSX logo and the detailed information about said listing includes the listing office.

        All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RE/MAX of Michigan shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc © All rights reserved.

        NM-MLSX (IDX) information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.