Explore Beulah, MI Commercial Real Estate for Sale and Lease – 7 Unbeatable Opportunities

Beulah, MI Commercial Real Estate for Sale and Lease

Beulah’s commercial heart centers on its historic downtown along the Crystal River, where brick storefronts, art galleries, and cozy cafés draw steady foot traffic. Wide sidewalks, seasonal patios, and riverside parks create a welcoming atmosphere for shoppers and diners, while events like the National Trout Festival boost local business year after year.

Just beyond Main Street, easy access to U.S. 31 and nearby Traverse City makes Beulah attractive for light industrial, office, and mixed-use projects. Benzie County’s small-business incentives—including facade grants and tax exemptions—further support entrepreneurs, ensuring a vibrant, community-focused market for investors and tenants alike.

Real Estate Statistics

Average Price	$469K
Lowest Price	$175K
Highest Price	$850K
Total Listings	6
Avg. Days On Market	284
Avg. Price/SQFT	$83

Property Types (active listings)

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New

$850,000

7300 Crystal Avenue, Beulah

0 Beds 0 Baths 9,000 SqFt Commercial MLS® # 1935179

New

$599,900

13901 Honor Highway, Beulah

0 Beds 2 Baths 6,000 SqFt Commercial MLS® # 1933122

$520,000

15015 Us-31 S, Beulah

0 Beds 0 Baths 3,770 SqFt Commercial MLS® # 1933160

$445,000

↓ $10,000

425 N Michigan Avenue, Beulah

0 Beds 4 Baths 3,728 SqFt Commercial MLS® # 1934439

$225,000

↑ $50,000

6613 Frankfort Highway, Beulah

0 Beds 1 Bath 5,700 SqFt Commercial MLS® # 1907496

$175,000

↓ $24,000

415 Michigan Avenue, Beulah

0 Beds 0 Baths 33,000 SqFt Commercial MLS® # 1919838

Beulah, MI Commercial Real Estate for Sale and Lease | Unbeatable 7 Opportunities

Explore unbeatable opportunities in Beulah’s thriving market—from riverfront retail to industrial spaces near Lake Michigan.

Introduction to Beulah’s Commercial Property Landscape

When it comes to Beulah, MI Commercial Real Estate for Sale and Lease, investors and business owners alike are discovering a hidden gem on the shores of Lake Michigan’s Crystal River.

Nestled at the confluence of scenic waterways and wooded hills, Beulah’s small-town charm belies a commercially vibrant community. Whether you’re evaluating your first retail storefront or scouting a warehouse distribution hub, this lakeside village offers a range of options that blend lifestyle appeal with solid ROI potential.

Situated in Benzie County, Beulah benefits from year-round tourism—boating and fishing in summer, snowmobiling and skiing in winter—driving steady foot traffic and local spending. Transitional phases in the national economy have only heightened demand for markets that boast affordability and quality-of-life, and Beulah fits the bill. From an investor’s perspective, properties here often trade at lower multiples than in big-city counterparts, yet yield comparable leasing rates.

In this article, you’ll find:

• A deep dive into market fundamentals and trends

• Analysis of the most attractive property types

• Neighborhood snapshots that highlight high-growth corridors

• Financing and leasing paths to close deals smoothly

• Expert tips on legal and permitting considerations

• A set of FAQs to clarify common queries

By the time you finish reading, you’ll have a comprehensive roadmap to navigate Beulah, MI Commercial Real Estate for Sale and Lease opportunities with confidence and optimism.

Overview of Beulah’s Commercial Real Estate Market

Beulah’s commercial landscape has evolved markedly over the past decade. Vacancy rates have hovered between 5% and 8%, reflecting balanced supply and demand. Average lease rates for retail spaces range from $12 to $16 per square foot, while office properties command $14 to $18 per square foot, depending on location and condition.

Key market drivers include:

1. Tourism-Driven Retail Demand

   • High summer foot traffic boosts sales for gift shops, cafes, and boutique stores.

2. Craft Beverage and Agritourism

   • Local wineries and breweries have spurred ancillary real estate needs for tasting rooms and event venues.

3. Light Industrial Growth

   • Proximity to U.S. 31 allows easy access for small-scale manufacturing and distribution.

A simple breakdown of recent averages:

Local brokers report that properties within a half-mile of the riverfront routinely lease within 60 days, thanks to their high visibility and scenic draw. Meanwhile, industrial parcels along Scenic Route 31 offer larger footprints at competitive rates, attracting logistics and small-batch producers.

Benefits of Investing in Beulah, MI

Investors eyeing Beulah, MI Commercial Real Estate for Sale and Lease will find several advantages:

• Affordability: Entry prices are often 20–30% lower than neighboring Traverse City or Ludington markets.

• Tourism Synergy: Seasonal influx—estimated 150K visitors annually—bolsters short-term retail and hospitality leases.

• Tax Incentives: Benzie County offers Small Business Property Tax Exemptions and local facade grant programs.

• Quality of Life: Low crime rates and picturesque surroundings help attract and retain tenants.

• Steady Appreciation: Historical data shows average annual property value growth of 4–6%.

Taken together, these factors create a lower-risk environment for long-term capital appreciation and stable rental income. Moreover, the growing trend toward remote work has sparked interest in smaller office settings outside major metros—another tailwind for Beulah’s office market.

Top Commercial Property Types Available

From ground-floor storefronts to expansive warehouses, Beulah offers diverse options:

Retail Spaces

Ideal for boutiques, galleries, cafes, and service-oriented businesses. Average storefront size is 1,000–1,500 sq ft, often with large display windows overlooking main streets.

• Pros: High foot traffic, strong community support

• Cons: Seasonal fluctuations, competition for prime spots

Office Buildings

Small-to-mid-sized professional suites (800–2,500 sq ft) designed for law firms, consultancies, and startups. Many feature shared reception areas and flexible lease terms.

• Pros: Growing remote-work demand, neighborhood synergy

• Cons: Limited Class A inventory

Industrial Warehouses

Light manufacturing and storage facilities (5,000–15,000 sq ft) situated along U.S. 31. Zoning permits assembly, packaging, and distribution uses.

• Pros: Lower maintenance costs, stable tenant profiles

• Cons: Longer lease negotiations

Mixed-Use Developments

Properties combining retail, office, and residential units. These developments maximize land use and diversify revenue streams.

• Pros: Multifaceted income, community integration

• Cons: Higher upfront capital requirements

Example Table of Current Listings:

Key Neighborhoods and Opportunities

Riverfront District

The heart of Beulah’s summer scene, offering retail and food-service venues overlooking the Crystal River. Properties here boast premium views and outdoor patio potential.

Downtown Beulah

Historic core with renovated storefronts, art galleries, and professional services. Lease rates are slightly higher but balanced by strong year-round foot traffic.

Scenic Route 31 Corridor

A growing industrial and logistics hub, ideal for small-batch production, storage, and distribution. Easy highway access and larger lot sizes define this area.

Financing and Lease Options

Traditional Bank Loans

No-nonsense financing for owner-occupiers and investors, usually requiring 20–25% down payment. Interest rates hover around 5–6% APR.

SBA Financing

Small Business Administration-backed loans offer up to 90% financing with longer terms (10–25 years) and lower down payments (10%). Great for owner-occupiers.

Leasing vs Purchasing

• Leasing reduces upfront capital but lacks equity buildup.

• Purchasing builds long-term equity and appreciation but ties up more capital.

A consult with local lenders and a review of your cash-flow forecasts will help determine the optimal path.

Frequently Asked Questions

Q. What is the average price per square foot for commercial properties in Beulah?

A. Retail and office spaces average $12–$18 per square foot, while industrial properties trend $8–$12 per square foot.

Q. Are there tax incentives for commercial real estate investors in Beulah?

A. Yes—Benzie County offers Small Business Property Tax Exemptions and facade improvement grants. Consult the Village of Beulah for program details.

Q. How do I navigate zoning laws and permit requirements?

A. Zoning in Beulah is managed by the village planning commission. You can review ordinances at the official site and submit permit applications online (see External Resources).

Q. What are the best neighborhoods for retail investment?

A. The Riverfront District and Downtown Beulah boast the highest foot traffic and seasonal tourism appeal—ideal for cafes, boutiques, and galleries.

Q. Should I lease or buy a commercial property in Beulah?

A. If you prefer lower upfront costs and flexibility, leasing may suit you. For long-term equity growth and stability, purchasing is often preferable.

Q. What are the future market projections for Beulah’s A. commercial sector?

Analysts forecast 4–6% annual appreciation, fueled by growing tourism and remote-work relocations.

Conclusion

Beulah, MI stands out as a compelling choice for northern Michigan commercial real estate for sale and lease. With affordable entry prices, a diverse mix of property types, and an enviable quality of life, this lakeside village is poised for continued growth. By leveraging local financing programs, selecting the right neighborhood, and partnering with experienced brokers, you can secure a commercial asset that aligns with your investment goals. Whether you’re opening a riverfront café, establishing a light manufacturing facility, or acquiring mixed-use equity, Beulah’s market offers opportunities worth exploring.

Continue your Northern Michigan commercial real estate search in the communities below or contact Brook Walsh to help you with your search.