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Restaurant with Tavern License
For Sale
$99,000

3890 Charlevoix Avenue, Petoskey, MI 49770

COMMERCIAL - Petoskey, MI

Property Size2,150 SF
Price / SF$46.05
Days on Market31

Property Features for 3890 Charlevoix Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Elementary school district Petoskey
Middle school district Petoskey
High school district Petoskey
Directions Off Charlevoix Ave just past entrance to Bay Harbor Village
Subdivision Resort
Standard status Active
APN business only
Size 2,150 SF

Taxes and HOA fees

Tax Description 3890 Charlevoix Ave #290. Real Estate not included.
Legal Description 3890 Charlevoix Ave #290. Real Estate not included.

Utilities

Heating system Natural Gas, Forced Air

Building Details

Building materials Wood Frame
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices Real Estate
Listed By: A. Mitts Lee
Added: Jul 20 Changed: Aug 4 Last Checked: Aug 19 at 7:06AM
MLS# 473987

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.

Investment Insights

Based on property information with market context.

Bayside Restaurant is a wood-frame restaurant property featuring breakfast and lunch offerings. The existing setup is complemented by a roof system with metal roofing and heating provided by forced air and natural gas.

A tavern license is available to future tenants, subject to application to the State. The property is offered in a commercial zoning environment.

The current operating concept centers on breakfast and lunch, with the remarks noting room to expand the business by adding dinner services or implementing catering services for a future operator.

Key Highlights

  • Wood‑frame restaurant building
  • Breakfast and lunch offerings
  • Tavern license available to future tenants with State application

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Dental Office HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

8
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Bayside Restaurant is a wood-frame restaurant offering breakfast and lunch, with heating by forced air natural gas and a metal roof.
Where is this conventional restaurant located?
The property is located at 3890 Charlevoix Avenue Petoskey, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Wood‑frame restaurant building; Breakfast and lunch offerings; Tavern license available to future tenants with State application
More about this property
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