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    End-Unit Office Suite with Reception Title is generated by Realmo AI

    2780 #16 Charlevoix Road, Petoskey, MI 49770

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    Claim this Listing
    For Sale
    $219,000

    COMMERCIAL - Petoskey, MI

    Type:Office
    Property size:
    1,000 SF
    Price / SF:
    $219/SF
    Added:
    Jun 15, 2026
    Days on Market:
    19
    Last Refresh:
    Jul 3 at 12:06 pm

    Property Features for 2780 #16 Charlevoix Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    PUD-2
    Standard status
    Active
    APN
    13-18-02-450-16
    Size
    1,000 SF

    Taxes and HOA fees

    Tax Description
    Arrowhead commons condo, Unit 16

    Utilities

    Heating system
    Natural Gas

    We can help!

    Contact an agent
    Margie Tamminga
    Margie Tamminga

    Listing agent Margie Tamminga

    Listing office Real Estate One - Charlevoix 1200 Bridge St., Charlevoix, MI

    Listing date Jun 15, 2026

    MLS# 479454

    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.

    HighLights

    • End‑unit office space with a private office, conference room, and reception area
    • Kitchenette with granite countertops
    • Half bath with a full sink, granite finishes, and tile flooring
    • Built‑ins include a large desk with custom bookshelves and a conference table with chairs
    • Heating: natural gas

    Overview

    This end-unit office suite is designed for immediate occupancy, with a private office, a conference room, and a welcoming reception area. The space includes a kitchenette with granite countertops and a half bath with granite finishes and tile flooring. Built-in features are already in place, including a conference table with chairs, along with a large desk and custom bookshelves.

    The property is located along Charlevoix Road in Petoskey, Michigan, within the PUD-2 zoning district. As an end unit, it offers a distinct layout compared with interior suites, while maintaining a self-contained office configuration.

    The current improvements make the suite well-suited for a range of office users that want a ready-to-work environment, such as consulting, administrative operations, or other professional services. With dedicated spaces for client-facing reception, team meetings in the conference room, and focused work in the private office, it supports a practical day-to-day workflow without requiring immediate interior build-out.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $19.0k $18.96
    − Vacancy −$3.0k −$3.00
    EGI $16.0k $15.96
    − OpEx −$4.0k −$3.99
    NOI $12.0k $11.97
    1,000 SF · lease $18.96/SF/yr · vacancy 15.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $171.0K
    $149.7K – $199.6K (±1% cap)
    NOI $11,973 @ 7.0% cap · market cap 5.47%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $226.3K
    $198.0K – $264.0K (±1% cap)
    NOI $15,842 @ 7.0% cap · market cap 7.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Petoskey
    County
    Emmet
    State
    Michigan
    Longitude
    -84.8827
    Latitude
    45.3433

    FAQs

    What type of property is this?
    Office units - Move-in-ready office suite with private office, reception, and conference room for professional services.
    Where is this office units located?
    The property is located at 2780 #16 Charlevoix Road Petoskey, MI.
    What is the asking price?
    The asking price for this property is $219,000.
    What are key features of this property?
    This property features: End‑unit office space with a private office, conference room, and reception area; Kitchenette with granite countertops; Half bath with a full sink, granite finishes, and tile flooring
    More about this property
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