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Live-Work Space with Garage
For Sale
Contact for pricing
Pending

1005 Emmet Street, Petoskey, MI 49770

Commercially zoned property combining an open residential layout with flexible business-use potential.

Property SizeContact for details
Days on Market143

Property Features for 1005 Emmet Street

General Information

Standard status Pending
Total Parking Spaces 1
Property subtype Special Purpose
Listing Agency: Coldwell Banker Schmidt, Realtors Boyne City
Listed By: Jennifer Burr · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:07PM

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 Schmidt, Realtors Boyne City

Investment Insights

Based on property information with market context.

Located at 1005 Emmet Street in Petoskey, this live-work property combines a residential interior with commercial-use zoning. The layout includes three bedrooms and one bathroom, with the upstairs bedrooms arranged in a walk-through configuration. An open-concept main level features newer flooring and trim, a decorative backsplash, and butcher block countertops. A one-car attached garage adds enclosed parking and storage.

The property is within walking distance of downtown Petoskey shopping, dining, and other amenities. Its combination of residential accommodations and commercial zoning supports a range of potential applications, including professional or medical office, general retail, bakery, or museum use, subject to applicable requirements.

Key Highlights

  • Commercial zoning supports both residential occupancy and business‑use potential
  • Three‑bedroom, one‑bathroom layout with walk‑through upstairs bedrooms
  • Open‑concept interior with newer flooring and trim

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tech Support Center Pet Grooming Service Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,178
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

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?
Live-work space - Commercially zoned property combining an open residential layout with flexible business-use potential.
Where is this live-work space located?
The property is located at 1005 Emmet Street Petoskey, MI.
What are key features of this property?
This property features: Commercial zoning supports both residential occupancy and business‑use potential; Three‑bedroom, one‑bathroom layout with walk‑through upstairs bedrooms; Open‑concept interior with newer flooring and trim
More about this property
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