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    101 Lewis St Petoskey, MI 49770

    For Lease
    $3,500 /Mo ($13 SF/Yr)

    Commercial/Industrial - Petoskey, MI

    Property size:
    3,124 SF
    Days on Market:
    54
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 101 Lewis St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMERCIAL-IMPROVED
    Rooms
    Basement
    APN
    52-19-05-101-005
    Interior features
    Cable TV, Natural Gas, Off-Street Parking, Air-Conditioning, Common Area, Ample Parking, Paved Roads
    Basement Y/N
    1
    Size
    3,124 SF

    Utilities

    Utilities
    Cable Available, Natural Gas Available
    Heating system
    Natural Gas, See Remarks (Heating)

    Building Details

    Floors in Building
    2
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Petoskey Real Estate Group (231) 409-9119 [email protected]

    Listing agent Joe Blachy (231) 409-9119

    Listing date Oct 14, 2025

    MLS# 477999 Listing URL

    Copyright © 2025 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Penn Plaza Office Space

    The Historic Penn Plaza offers 3,124 square feet of commercial or industrial space suitable for office use in Petoskey, Michigan. This iconic building features 12 offices, ample basement storage, and free parking. The property boasts a grand, two-story entrance lobby and views of Lake Michigan, all within walking distance of downtown Petoskey and the waterfront. The space has easy ground-level access. The lobby has been completely reconstructed, and the electrical system is in the process of being updated to LED lighting. Heating is provided by a newer, energy-efficient boiler, with a mini-split unit offering supplemental heat and air conditioning in some areas. The property includes two private powder rooms and a large conference room suitable for meetings or use as a private office. Company signage is permitted on two sides of the building and on the community sign on the front lawn.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Petoskey
    County
    Emmet
    State
    Michigan
    Longitude
    -84.9531741
    Latitude
    45.3767191

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    FAQs

    What type of property is this?
    Office building - Iconic Petoskey office space with lake views and ample parking.
    Where is this office building located?
    The property is located at 101 Lewis St Petoskey, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Iconic Historic Penn Plaza location in Petoskey.; - **3,124 sq ft office space featuring 12 offices and easy ground-level access.**; - Free parking and walking distance to downtown and the waterfront.
    (231) 409-9119
    Request Owner's contact information
    101 Lewis St Petoskey, MI 49770
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Lewis St Petoskey, MI 49770
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