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    1111 Charlevoix Ave Petoskey, MI 49770

    Sponsored
    For Sale
    $949,000

    1700 sq ft, high-traffic, turn-key industrial space.

    Property size:
    1,700 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,700 square foot commercial space is located at 1111 Charlevoix in the thriving city of Petoskey, Michigan. Situated on a 0.18-acre lot, this nearly brand-new industrial property boasts a highly visible location within a high-traffic area, ensuring maximum exposure for your business. The open-concept layout provides incredible flexibility, making it suitable for a diverse range of uses, including retail, boutique shops, offices, or specialty service businesses. Large display windows flood the interior with abundant natural light, creating an inviting atmosphere for customers. The excellent street frontage offers unparalleled visibility to passing traffic. Benefit from Petoskey's robust tourism industry, which attracts visitors throughout the year, drawn to the area's shopping, dining, and recreational opportunities. This turn-key property is ready for immediate occupancy and can be customized to perfectly meet your specific business requirements. The asking price is $949,000. This is a rare opportunity to establish your business in a prime Petoskey location.

    Property Features for 1111 Charlevoix Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    1,700 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    2021
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Petoskey
    County
    Emmet
    State
    Michigan
    Longitude
    -84.97829
    Latitude
    45.36991

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    FAQs

    What type of property is this?
    Industrial property - 1700 sq ft, high-traffic, turn-key industrial space.
    Where is this industrial property located?
    The property is located at 1111 Charlevoix Ave Petoskey, MI.
    What is the asking price?
    The asking price for this property is $949,000.
    (231) 941-4500
    Request Owner's contact information
    1111 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
    1111 Charlevoix Ave Petoskey, MI 49770
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