402 S Division Street, Bellaire, MI 49615
Mets and Bounds · Antrim County
Key Facts
Description
Zoned Village Commons in the Village of Bellaire, this 3-bedroom, 2-bath home on 12 acres offers a rare combination of flexibility and opportunity. Village Commons zoning allows for a broad range of residential, commercial, and mixed-use possibilities, making this property appealing to homeowners, investors, business owners, and developers alike. Enjoy peaceful views from the covered back porch overlooking the property, complete with a newly poured concrete patio that's perfect for relaxing or entertaining. The garage also features a newly poured concrete floor, while the unfinished walkout lower level offers outstanding potential for additional living space, recreation, storage, or a workshop. Based on information provided by the Village Zoning Administrator, the parcel may have the potential to be divided into approximately 25-30 lots, subject to municipal approvals and applicable ordinances. Buyers are encouraged to verify all zoning, permitted uses, and development potential with the Village of Bellaire. For those considering future development, the existing home provides an ideal place to live, work, or coordinate the project during the planning and construction process. Prefer to preserve the property's natural setting? Enjoy all 12 acres as a private residence or explore its potential as a short- or long-term rental investment. Whether your vision is a private estate, a mixed-use development, a business headquarters, or an investment opportunity, this unique Village of Bellaire property offers the space and zoning flexibility to bring it to life. With municipal approval, a pathway could potentially be added along the rear of the property to connect directly with Bellaire's community walking trail.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1965
Living Area
1,700 sq ft
Lot Size
12.00 acres
Days on Market
5
MLS® Listing#
1947453
Property Features
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Financial Details
HOA
Yes
Assessed Value
$139,900
Parcel Number
05-41-030-017-00
Directions
From Bellaire, south on M-88 (S Division St). Home is on the west side of the street next to Papa K's, across from Huntington Bank.
Affordability Calculator
$89,800
Estimated monthly payment
$2,390/mo
Principal $359,200 · Est. interest $501,116 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bellaire, MI
- $358,065
- Median Listing Price
- 63
- Median Days on Market
- 1,542
- Median Sq Ft
- $247
- Median Price / Sq Ft
- 89
- Active Listings
- This home’s price is 25% above the area median.
- Its price per sq ft is 7% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bellaire, MI.
Location
Points of Interest in Bellaire, MI
Showing the Bellaire area map.
Nearby Schools
Bellaire Middle & High School
Secondary · 1.0 mi away
Bellaire Elementary School
Elementary · 1.0 mi away
John R Rodger Elementary School
Elementary · 1.2 mi away
Central Lake Public Schools
Secondary · 7.6 mi away
Mancelona High School
Secondary · 8.1 mi away
Mancelona Elementary School
Elementary · 8.2 mi away
Mancelona Public Schools
School · 8.2 mi away
Mancelona Early Childhood
School · 8.3 mi away
Mancelona Middle School
Secondary · 8.3 mi away
Society of St Pius X SCRD HRT Acdmy
School · 8.9 mi away
Rapid City Elementary School
Elementary · 10.0 mi away
North Central Academy
School · 10.6 mi away
Elk Rapids Schools
Elementary · 10.6 mi away
Cherryland Middle School
Secondary · 10.7 mi away
Elk Rapids Public School
Secondary · 10.7 mi away
Elk Rapids High School
Secondary · 10.8 mi away
Alba Public School
School · 11.4 mi away
East Jordan Public Schools
Elementary · 13.6 mi away
East Jordan Cooperative Nursery School
School · 13.6 mi away
East Jordan Middle School
School · 13.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2774 Schafen Strasse, Bellaire, MI | $319,900 | 3 | 1 | 1,248 |
| 407 N Bridge, Bellaire, MI | $344,900 | 3 | 2 | 1,900 |
| 6715 Shanty Creek Road, Bellaire, MI | $344,900 | 3 | 2 | 1,630 |
| 00 Shumaker Road, Bellaire, MI | $350,000 | — | — | — |
| 00 Shumaker Road, Bellaire, MI | $350,000 | — | — | 100 |
| 6018 N Klaffen Strasse, Bellaire, MI | $359,000 | 3 | 2 | 1,536 |
Moving Cost Estimate
EXIT Agents in Bellaire
Listing Courtesy: Coldwell Banker Schmidt-Bellai