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Retail Space in Petoskey, Michigan
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1133 US-31, Petoskey, MI 49770

Former Rite Aid end cap in D&W anchored center.

Space SizeContact for details
Days on Market162

Property Features for 1133 US-31

General Information

Standard status Active
Property subtype Retail
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Eric Birnholtz · License #KS 00225734
Source: Cpix.resimplifi
Added: Mar 31 Changed: Aug 16 Last Checked: Sep 7 at 4:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid America Real Estate - Michigan Inc

Investment Insights

Based on property information with market context.

Available for lease is a former Rite Aid end cap located in Petoskey, Michigan. The space is situated within a shopping center anchored by D&W Fresh Market. The property benefits from its strategic location near the intersection of US-31 and Highway 119, drawing customers from a wide geographic area and offering excellent visibility to US-31. Signalized access facilitates convenient ingress and egress to the property, which also houses 23 other local, regional, and national tenants. The broad B-2 zoning allows for a variety of uses, including retail, office, and restaurant businesses.

Key Highlights

  • Strategic location near the intersection of US‑31 and Highway 119 with excellent visibility.
  • Located in a D&W Fresh Market anchored shopping center.
  • Signalized access for easy ingress/egress.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store HVAC Service Cafe & Coffee Shop Carpet & Flooring Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

464
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Apparel 30% Shops & Services 6% Home Improvements & Furnishings 2%
Wendy's Dining
18,598 visits/mo 0.4 miles
Dunham's Sports Apparel
16,831 visits/mo 0.4 miles
Burger King Dining
13,602 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
3,469 visits/mo 0.4 miles
SUBWAY Dining
3,465 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Former Rite Aid end cap in D&W anchored center.
Where is this retail space located?
The property is located at 1133 US-31 Petoskey, MI.
What are key features of this property?
This property features: Strategic location near the intersection of US‑31 and Highway 119 with excellent visibility.; Located in a D&W Fresh Market anchored shopping center.; Signalized access for easy ingress/egress.
More about this property
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