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    Petoskey, MI
    Automotive

    Petoskey, MI Automotive Properties for Sale

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    Harbor Springs, MI Alanson, MI Boyne Falls, MI Boyne City, MI Charlevoix, MI Brutus, MI Pellston, MI East Jordan, MI
    3-Bay Garage with Showroom
    Updated: Dec 12, 2024
    3-Bay Garage with Showroom

    Petoskey, MI 49770

    $1,250,000
    3,200 sqft 2.00 AC lot
    Prime corner lot location with over 640 feet of visible road frontage on a highly sought‑after state highway.
    Large parking lot with space for 80+ cars and two gated entrances.
    3‑bay heated garage, showroom, and office space within a 3,200 sq. ft. building.
    Newer furnace and A/C.
    Full basement beneath the office area.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2245 Charlevoix Avenue, Resort Township Emmet, MI 49770

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $42K
      Annual

    • Mortgage

      $830K
      Apr 2025

    • Last Sold

      Apr 2025
      $1.08M

    • Property Type

      Commercial (General)
      Built 1970
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Remodeled Convenience Store Building
    Remodeled Convenience Store Building

    1505 Bridge St, Charlevoix, MI 49720

    $650,000
    2,176 sqft

    Remodeled 2,176 SF convenience store building with interior restroom, storage, and extensive included food service equipment.

    View details
    Equipped Auto Shop with Expansion
    Equipped Auto Shop with Expansion

    936 N Otsego Lake Drive, Gaylord, MI 49735

    $720,000
    3,704 sqft

    Well-established auto shop with expansion potential in Gaylord, Michigan.

    View details
    Commercial Land with Food Truck Hookups
    Commercial Land with Food Truck Hookups

    402 S Otsego Avenue, Gaylord, MI 49735

    $99,000

    C-1 zoned land in downtown Gaylord with individually metered hookups for up to eight food trucks.

    View details
    Downtown Auto Repair Garage
    Downtown Auto Repair Garage

    102 E Saint Marys Drive, Charlevoix, MI 49720

    $499,900

    Auto repair garage for sale with included lifts and alignment equipment, and the existing business remains open.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Riverfront Marina Development Land
    Riverfront Marina Development Land

    6320 & 6332 River Street, Alanson, MI 49706

    $475,000
    0.87 AC lot

    Commercially zoned riverfront parcel with 185 feet of Crooked River frontage and 11 newly constructed boat slips.

    View details
    Commercial Land with I-75 Off-Ramp Frontage
    Commercial Land with I-75 Off-Ramp Frontage

    VL Johnson Road, Gaylord, MI 49735

    $150,000
    0.64 AC lot

    B-2 zoned commercial land with I-75 visibility at the Gaylord interchange, supported by MDOT 2024 traffic counts.

    View details
    Commercial Land with Off-Ramp Frontage
    Commercial Land with Off-Ramp Frontage

    VL Johnson Road, Gaylord, MI 49735

    $150,000
    0.64 AC lot

    Zoned B-2 commercial land on the I-75 Exit 279 off-ramp, offering visibility for a wide range of uses.

    View details
    Mancelona Land Development Opportunity
    Mancelona Land Development Opportunity

    US-131 Highway, Mancelona, MI 49659

    $139,900
    9.90 AC lot

    9.9 acre commercial land near Torch Lake with highway frontage.

    View details

    Petoskey, MI Automotive Properties Market Trends and Statistics

    Explore 1 automotive properties for sale in Petoskey, MI on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for automotive businesses in Petoskey, MI average $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +4.9%
    Median Household Income $80,431
    College Educated 68.9%

    High-Yield Neighborhoods for Investment

    Identify Petoskey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49770 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.30%
    Property Tax per SF $9.63 per SF
    Tax Rate vs County Average 1.82 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

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