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    4048 Cedar Bluff Dr Petoskey, MI 49770

    For Sale
    $5,199,000

    Medical/Dental,Office Building - Petoskey, MI

    Property size:
    29,086 SF
    Lot size:
    2.34 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 4048 Cedar Bluff Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Planned Unit Development
    Rooms
    Basement
    Basement Y/N
    1
    Size
    29,086 SF
    Lot size
    2.34 Acres

    Building Details

    Year built
    2001
    Roof type
    Asphalt
    Architectural style
    Other

    Three West, LLC (231) 929-2955 [email protected]

    Listing agent Kevin Endres (231) 929-2955

    Listing date Oct 9, 2025

    MLS# 1930858 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors 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

    Class A Office Building

    This Class A professional or medical office building is situated across from Bay Harbor, offering views of Little Traverse Bay. The building features two finished floors, each measuring 14,543 square feet, totaling 29,086 square feet. It is located on a 2.34-acre parcel and includes a parking lot with 100 spaces. Currently, 6,570 square feet of the building is leased to two tenants. The remaining portion of the building will become vacant on May 1, 2025. The property is located in Petoskey, MI.
    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
    -85.024865432548
    Latitude
    45.357850596027

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    FAQs

    What type of property is this?
    Office building - Professional/Medical office building with bay views and ample parking.
    Where is this office building located?
    The property is located at 4048 Cedar Bluff Dr Petoskey, MI.
    What is the asking price?
    The asking price for this property is $5,199,000.
    What are key features of this property?
    This property features: - Class A professional/medical office building with exceptional views of Little Traverse Bay.; - Substantial size: **29,086 SF total across two finished floors.**; - Large 2.43 acre parcel with ample parking (100 spaces).
    (231) 929-2955
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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
    4048 Cedar Bluff Dr Petoskey, MI 49770
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