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Anchored Shopping Center
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1305 Spring Street, Petoskey, MI 49770

Leasing options span small-shop, junior-box, and big-box formats.

Space Size1,600 SF - 53,360 SF
Property Size111,006 SF
Days on Market388

Property Features for 1305 Spring Street

General Information

Standard status Active
Size 1,600 SF - 53,360 SF
Property subtype Retail

Building Details

Building Size 111,006 SF
Tenancy Multiple

Spaces For Lease

at 1305 Spring Street Contact us

Combined Suite

Type
Retail
Availability
Active
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Suite 020

Size
12,150 SF
Type
Retail
Availability
Active
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Suite 040

Size
4,000 SF
Type
Retail
Availability
Active
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Suite 080

Size
1,600 SF
Type
Retail
Availability
Active
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Suite 090

Size
1,600 SF
Type
Retail
Availability
Active
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Suite 100

Size
6,400 SF
Type
Retail
Availability
Active
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Suite 120

Size
31,896 SF
Type
Retail
Availability
Active
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Suite 140

Size
53,360 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Mid-America Real Estate - Michigan, Inc.
Listed By: Lindsey Shaw · License #MI
Source: Crexi
Added: Aug 9, 2025 Changed: Aug 30 Last Checked: Aug 31 at 10:38AM

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.

Petoskey Town Center is a multi-tenant retail property at 1305 Spring Street in Petoskey, Michigan. The center includes Hobby Lobby and Big Lots as anchor tenants, along with additional national and local retailers. Available configurations are identified for small-shop, junior-box, and big-box users, with floor plans provided for each unit.

The property is positioned within a Northern Michigan tourism market. Average household income exceeds $95,000 within a five-mile radius, adding measurable demographic context for retail leasing decisions. Floor plans are available upon request for evaluating individual spaces and format requirements.

Key Highlights

  • Anchored by Hobby Lobby and Big Lots
  • Small‑shop, junior‑box, and big‑box leasing formats available
  • Located at 1305 Spring Street in Petoskey, MI 49770

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Law Firm

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

339
Businesses Nearby
107k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Apparel 33% Home Improvements & Furnishings 11% Groceries 11%
Hobby Lobby Shops & Services
26,255 visits/mo 0.1 miles
Dunham's Sports Apparel
16,831 visits/mo 0.5 miles
Ross Dress for Less Apparel
13,794 visits/mo 0.4 miles
Dollar Tree Shops & Services
12,960 visits/mo 0.4 miles
Gordon Food Service Groceries
11,694 visits/mo 0.2 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
Rey
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Similar Off Market Nearby

  • Bear Creek Plaza Anderson Rd, Petoskey, MI 49770
  • Bear Creek Crossings 2160-2170-2180, Anderson Rd, Petoskey, MI 49770
  • Bay Mall 910 Spring St, Petoskey, MI 49770

Frequently Asked Questions

What type of property is this?
Shopping center - Leasing options span small-shop, junior-box, and big-box formats.
Where is this shopping center located?
The property is located at 1305 Spring Street Petoskey, MI.
What are key features of this property?
This property features: Anchored by Hobby Lobby and Big Lots; Small‑shop, junior‑box, and big‑box leasing formats available; Located at 1305 Spring Street in Petoskey, MI 49770
More about this property
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