Professional Office Unit with
For Lease
$1,823/Mo
1170 Bay View Road, Petoskey, MI 49770
Commercial/Industrial, Petoskey, MI
Space Size1,215 SF
Days on Market70
Property Features for 1170 Bay View Road
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
B-3
Elementary school district
Petoskey
Middle school district
Petoskey
High school district
Petoskey
Directions
US 31 north of downtown Petoskey, building is in-between Kilwins and Boyne Country Sports
Subdivision
Petoskey City
Standard status
Active
APN
52-16-32-400-008
Size
1,215 SF
Taxes and HOA fees
Tax Description
PT GOVT LOT 2, SECTION 32, T35N, R5W.
Legal Description
PT GOVT LOT 2, SECTION 32, T35N, R5W.
Utilities
Utilities
Cable Available
Heating system
Natural Gas
Amenities
prominent signage
handicap access
Building Details
Year built
1982
Building materials
Steel Frame, Wood Frame, Concrete
Roof type
Shingle
Listing Agency:
Coldwell Banker Schmidt - Petoskey · Coldwell Banker Real Estate
(231) 347-7600
Listed By:
Mark Ashley
(231) 330-3999
Added: Jul 2
Changed: Sep 3
Last Checked: Sep 9 at 11:06PM
MLS# 479422
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Office B provides 1,215 square feet of professional workspace in a multi-unit commercial property built in 1982. The suite includes three offices, a reception area, a smaller workroom or office, and a private bathroom. Handicap access is available through the main building entrance, and prominent signage is available for the unit.
The property is located on US 31 north, just east of downtown Petoskey, with B-3 zoning. Construction includes steel frame, wood frame, and concrete components; the building has a shingle roof, natural gas heat, and cable availability.
The property is located on US 31 north, just east of downtown Petoskey, with B-3 zoning. Construction includes steel frame, wood frame, and concrete components; the building has a shingle roof, natural gas heat, and cable availability.
Key Highlights
- 1,215‑square‑foot office suite with 3 offices
- Reception area plus smaller workroom or office
- Private bathroom within the suite
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
Explore this area
Business Placement
Demographics for 49770, MI
17,643
Population
10,244
Households
1.7
Avg Household Size
44
Median Age
47%
College-Educated
97%
High-School Grad
109.4 sq mi
ZIP Area
161
Density / Sq Mi
$80,431
Median Household Income
$42,154
Median Earnings
$1,077
Median Rent
$309,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Petoskey, MI
$13.22 /SF/Yr
Avg Asking Price
$2.38–$18 /SF/Yr
Price Range
1,325 SF
Avg Space Size
This space is priced 36% above the average of $13.22 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Mid-sized office suite with multiple private rooms, reception space, private restroom, and accessible entry.
Where is this office units located?
The property is located at 1170 Bay View Road Petoskey, MI.
What is the lease rate?
The lease rate is $1,823/Mo.
What are key features of this property?
This property features: 1,215‑square‑foot office suite with 3 offices; Reception area plus smaller workroom or office; Private bathroom within the suite
