2780 #16 Charlevoix Road, Petoskey, MI 49770
- Added:
- Jun 15, 2026
- Days on Market:
- 19
- Last Refresh:
- Jul 3 at 10:06 am
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
Listing agent Margie Tamminga (231) 675-2498
Listing office Real Estate One - Charlevoix 1200 Bridge St., Charlevoix, MI (231) 547-5100
Listing date Jun 15, 2026
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
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 |
Alternative Uses
Current Use by Public Records
Map
- City
- Petoskey
- County
- Emmet
- State
- Michigan
- Longitude
- -84.8827
- Latitude
- 45.3433
