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    109 Petoskey Ave Charlevoix, MI 49720

    For Sale
    $795,000

    Commercial/Industrial - Charlevoix, MI

    Property size:
    3,850 SF
    Days on Market:
    86
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 109 Petoskey Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RES SPECIAL USE
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    7
    APN
    052-123-012-00
    Interior features
    Cable TV, Refrigerator, Washer, Natural Gas, Off-Street Parking, Ample Parking, Hardwood Floors, Dryer, Range
    Basement Y/N
    1
    Appliances
    Dryer, Range, Refrigerator
    Size
    3,850 SF

    Utilities

    Utilities
    Cable Available, Natural Gas Available
    Heating system
    Baseboard, Hot Water (Heating), Natural Gas

    Building Details

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

    Pat O'Brien & Associates-Charlevoix (231) 547-7701 [email protected]

    Listing agent Greg Bryan (231) 547-7701 License #65060399390

    Listing date Sep 19, 2025

    MLS# 477689 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

    Charlevoix Bed & Breakfast Opportunity

    This commercial property, currently operating as a Bed & Breakfast, is located one block from the channel and Charlevoix's main street, and one block from Lake Michigan access. The property features 8 rooms and 7 baths, and retains historical character. The building has undergone improvements by the current owner, including a new access ramp. The property has a size of 3850 square feet. The zoning is RES SPECIAL USE. The owner is offering assistance in the transfer of operations, including sharing the website and booking platforms for 6 months.
    Property Profile Location Intelligence

    Current Use by Public Records

    Charlevoix House - The Northside Inn

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Similar Places Nearby

    Charlevoix House - a Bed & Breakfast., Pointes North Inn, KenMar B&B, Bridge Street Inn, The Belvedere B & B

    Location Insight

    • Map
    • Local Demand
    City
    Charlevoix
    County
    Charlevoix
    State
    Michigan
    Longitude
    -85.25595
    Latitude
    45.322742

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    FAQs

    What type of property is this?
    Bed & breakfast - Bed & Breakfast near channel and main street in Charlevoix.
    Where is this bed & breakfast located?
    The property is located at 109 Petoskey Ave Charlevoix, MI.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Established Bed & Breakfast business opportunity.; - Prime location: one block from both Charlevoix's main street and Lake Michigan access.; - Eight rooms and seven baths offer flexibility as a B&B or family compound.
    (231) 547-7701
    Request Owner's contact information
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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

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    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
    109 Petoskey Ave Charlevoix, MI 49720
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