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Flex Space with Climate-Controlled Shop
For Sale
Contact for pricing
Pending

2489 N US 31, Petoskey, MI 49770

Updated in 2019 with new roof, windows, and climate-controlled shop space plus front offices.

Property SizeContact for details
Days on Market130

Property Features for 2489 N US 31

General Information

Standard status Pending
Property subtype Industrial

Additional Details

Highway Access Yes

Building Details

Year Renovated 2019
Listing Agency: Coldwell Banker Fairbairn Realty
Listed By: Paul Fairbairn · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 18 at 4:55AM

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 Coldwell Banker Fairbairn Realty

Investment Insights

Based on property information with market context.

This commercial building was updated in 2019 to include new windows, a new roof, and new exterior insulation. Interior improvements also include an air exchanger and radiant heat in the shop, with nice front offices and a climate-controlled shop area.

The property is described as having great highway visibility along US 31, supporting convenient visibility for a business location.

For tenants or buyers looking for a flexible layout, the combination of front office space and climate-controlled shop space offers a practical setup for day-to-day operations.

Key Highlights

  • Updated in 2019 with new windows, new roof, and new exterior insulation
  • Air exchanger included
  • Radiant heat in the shop area

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby
Well-served
Demand for This Use

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 Office in Midwest region

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

What type of property is this?
Flex space - Updated in 2019 with new roof, windows, and climate-controlled shop space plus front offices.
Where is this flex space located?
The property is located at 2489 N US 31 Petoskey, MI.
What are key features of this property?
This property features: Updated in 2019 with new windows, new roof, and new exterior insulation; Air exchanger included; Radiant heat in the shop area
(231) 340-0562 Call to check price and availability
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