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    Flex Space

    Petoskey, MI Flex Space for Sale

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    Flex Building with Updated Offices
    Updated: Jun 25
    Flex Building with Updated Offices

    2489 N US 31 Highway, Petoskey, MI 49770

    $440,000
    2,700 sqft
    Well‑maintained commercial building just north of Petoskey with a spacious workshop and updated office space
    Upgrades completed in 2019: new windows, new roof, exterior insulation, and an air exchanger
    Radiant heat in the shop area and a climate‑controlled workshop for year‑round use
    3‑phase power plus 2 restrooms and a kitchenette
    Water source: well
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    This listing looks promising.

    Here's a quick look at some key insights for

    2489 N US 31 Highway, Petoskey, MI 49770

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Mortgage

      $165K
      Aug 2013
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    Flex Space Building with Parking
    Updated: Apr 16
    Flex Space Building with Parking

    1327 N US 31, Petoskey, MI 49770

    $2,100,000
    5,120 sqft
    3.6‑acre parcel with frontage on both US 31 and Pickerel Lake Road
    5,120 sq ft building suited for retail, office, showroom, or light industrial use
    Large paved parking lot included
    Heating: natural gas
    Water source: well
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    Office-Flex and Workshop Building
    Office-Flex and Workshop Building

    4768 US-131, Petoskey, MI 49770

    $475,000
    7,200 sqft

    Well-maintained office and flex/workshop building with overhead loading access, 14 dedicated parking spaces, and an on-site apartment.

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    Flex Space with Climate-Controlled Shop
    Flex Space with Climate-Controlled Shop

    2489 N US 31, Petoskey, MI 49770

    Contact for pricing

    Updated in 2019 with new roof, windows, and climate-controlled shop space plus front offices.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Industrial Pole Barn Unit
    Industrial Pole Barn Unit

    13715 Clark Road, Charlevoix, MI 49720

    $129,000
    896 sqft

    New pole barn unit with in-floor heat, LED lighting, and an electronic overhead door in a gated, secure association.

    View details
    Brand New Flex Warehouse with Mezzanine
    Brand New Flex Warehouse with Mezzanine

    5384 Commerce Boulevard, Indian River, MI 49749

    $189,900
    1,475 sqft

    New light-industrial unit with mezzanine space, a half bath, and a large 16' x 16' garage door for storage and workspace.

    View details
    Light Industrial Flex Unit
    Light Industrial Flex Unit

    5384 Commerce Boulevard, Indian River, MI 49749

    $189,900
    1,440 sqft

    Brand-new light industrial unit with a large mezzanine, half bath, and oversized garage door for flexible storage and workspace use.

    View details
    Pole Barn Warehouse Building Site
    Pole Barn Warehouse Building Site

    13715 Clark Road lot: 15, Charlevoix, MI 49720

    $129,000
    0.07 AC lot

    Build-ready lot for a new pole barn with gated access, security fencing, and in-floor heat.

    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.

    Light Industrial Development Site
    Light Industrial Development Site

    1448-1456 Trade Centre Drive lot: A, Traverse City, MI 49684

    $250,000
    0.20 AC lot

    Industrial-zoned land with utilities available and pre-approved building envelopes for flexible light industrial development.

    View details
    Light Industrial Building Lot
    Light Industrial Building Lot

    10797A County Rd ZZ, Sister Bay, WI 54234

    $199,000
    1.40 AC lot

    Light industrial zoning lot with a large building envelope, suitable for contractor or storage use near Sister Bay.

    View details
    Multi-Use Development Land Parcel
    Multi-Use Development Land Parcel

    1 Reighmoor Road, Omro, WI 54963

    $322,140
    20.14 AC lot

    A large development parcel with options for residential lots, storage units, or light-commercial flex space.

    View details
    Orland Park Industrial Land Available
    Orland Park Industrial Land Available

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.1 acre industrial land for sale in Orland Park.

    View details

    Petoskey, MI Flex Space Market Trends and Statistics

    Explore 4 flex space for sale in Petoskey, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,020 square feet of properties for sale, with an estimated market value of $3,015,000.

    Sale prices for business spaces in Petoskey, MI start at $440,000, averaging $1,005,000, and reaching up to $2,100,000 — 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

    Flex space 3
    Manufacturing properties 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 $440K

    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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