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Investment Highlights
- Positioned on US-31/Bridge Street with high traffic volume and maximum street visibility.
- Fully equipped retail space with additional on-site amenities to serve travelers and residents.
- Recognized for consistent service and community patronage in Northern Michigan.
- Includes operational fuel service with pay-at-pump convenience for drivers.
- Located minutes from downtown Charlevoix and major tourist attractions such as Lake Charlevoix and shopping districts.
Executive Summary
Located on Bridge Street along US-31 in Charlevoix, this Marathon-branded gas station and convenience store offers a strong income-generating opportunity in a vibrant Northern Michigan market. Positioned on a parcel of 0.39 acres, the property includes a 2,239-square-foot building equipped for fuel services and retail operations. The location benefits from an average daily traffic count of over 12,500 vehicles, ensuring consistent customer flow and visibility.
The property provides a turnkey setup, complete with pay-at-pump service, a stocked convenience store, restrooms, air pump, and payphone facilities. Its proximity to downtown Charlevoix, Lake Charlevoix, and the iconic Charlevoix Drawbridge amplifies its capture of both local and tourist traffic. The strong community presence and established operational history make this asset valuable for investors seeking a reliable automotive and retail property in a growing region.
The property provides a turnkey setup, complete with pay-at-pump service, a stocked convenience store, restrooms, air pump, and payphone facilities. Its proximity to downtown Charlevoix, Lake Charlevoix, and the iconic Charlevoix Drawbridge amplifies its capture of both local and tourist traffic. The strong community presence and established operational history make this asset valuable for investors seeking a reliable automotive and retail property in a growing region.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Service Station
Building Size
2,176 SF
Building Class
C
Year Built
1988
Price
$650,000
Price Per SF
$298.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.39 AC
Zoning
GC - General Commercial
Parking
20 Spaces (9.19 Spaces per 1,000 SF Leased)
Frontage
403’ on Bridge St
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05223402400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $194,900 |
Property Taxes
Parcel Number
05223402400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$194,900
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1505 Bridge St
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