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Mid-Size Office Suite with Signage
For Lease
$1,823/Mo

1170 Bay View Road, Petoskey, MI 49770

COMMERCIAL - Petoskey, MI

Space Size1,215 SF
Days on Market80

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

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
Listed By: Mark Ashley
Added: May 31 Changed: Aug 4 Last Checked: Aug 18 at 9:06PM
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.

This professional office suite is available for lease and includes approximately 1,215 square feet of interior office space. The current buildout consists of three offices, a reception area, a smaller work room/office, and a private bathroom. Handicap access is available through the main building entrance, supporting convenient entry for visitors and staff.

The property is located on a high traffic count stretch of US 31 north, just east of downtown Petoskey. Prominent signage is available for this unit, which can help improve visibility for professional services. Zoning is listed as B-3.

The layout is well suited for a mid-sized professional team that needs both client-facing space and separate offices for day-to-day operations. With designated reception space and multiple enclosed rooms, the suite can accommodate a range of office uses while maintaining a clear separation between welcoming and working areas. For details on availability and leasing terms, contact the listing broker.

Key Highlights

  • Professional office space for lease on US 31 north, just east of downtown Petoskey
  • 1,215 SF office B with 3 offices, reception area, and a smaller work room/office
  • Includes a private bathroom and handicap access through the main building entrance

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Big Box & Wholesale Store Auto Repair Shop (Bike/Boat/Book/etc) Store Barber Shop

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

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

Lease Benchmarks for Petoskey, MI

$14.83 /SF/Yr
Avg Asking Price
$4.17–$18 /SF/Yr
Price Range
1,095 SF
Avg Space Size

This space is priced 21% above the average of $14.83 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Leasing opportunity featuring a private office layout with reception, multiple rooms, and prominent signage options.
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: Professional office space for lease on US 31 north, just east of downtown Petoskey; 1,215 SF office B with 3 offices, reception area, and a smaller work room/office; Includes a private bathroom and handicap access through the main building entrance
More about this property
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