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    3890 Charlevoix Ave Petoskey, MI 49770

    For Sale
    $120,000

    Commercial/Industrial - Petoskey, MI

    Property size:
    2,150 SF
    Days on Market:
    136
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 3890 Charlevoix Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    Rooms
    Basement
    APN
    business only
    Interior features
    Cable TV, Off-Street Parking, Air-Conditioning, Ample Parking, Exhaust Fan, Patio/Deck, Paved Roads
    Basement Y/N
    1
    Size
    2,150 SF

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Natural Gas

    Building Details

    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Other

    Berkshire Hathaway HomeServices Real Estate (231) 547-9905 [email protected]

    Listing agent A. Mitts Lee (231) 547-9905

    Listing date Jul 26, 2025

    MLS# 473987 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

    Established Restaurant in Petoskey, MI

    Bayside Restaurant is a well-established restaurant located in Petoskey/Bay Harbor, Michigan, known for its breakfast and lunch offerings. The property has commercial zoning and contains 2150 square feet of living area. There is potential for growth by adding dinner or catering services to enhance revenue. A tavern license is available to future tenants with application to the State. The property is suitable for restaurants, retail, and breakfast and diner businesses.
    Location Intelligence

    Current Use by Public Records

    Breakfast & diners

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply 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
    -85.020404
    Latitude
    45.362885

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    FAQs

    What type of property is this?
    Restaurant - Well-established restaurant with growth potential in Petoskey/Bay Harbor, Michigan.
    Where is this restaurant located?
    The property is located at 3890 Charlevoix Ave Petoskey, MI.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Well-established restaurant known for delectable breakfast and lunch.; - Great growth potential through dinner service or catering.; - Tavern license available with application.
    (231) 547-9905
    Request Owner's contact information
    3890 Charlevoix Ave 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
    3890 Charlevoix Ave Petoskey, MI 49770
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