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Breakfast and Lunch Restaurant
For Sale
$99,000

3890 Charlevoix Avenue, Petoskey, MI 49770

Commercial/Industrial, Petoskey, MI

Property Size2,150 SF
Price / SF$46.05
Days on Market79

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: Sep 12 Last Checked: Oct 6 at 9:06AM
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.

This 2,150-square-foot restaurant property in Petoskey is associated with breakfast and lunch service. The structure uses wood-frame construction and has a metal roof, with forced-air heating supplied by natural gas. Commercial zoning supports the property’s restaurant-oriented profile.

Located at 3890 Charlevoix Avenue in Petoskey, the property is identified within Emmet County. A tavern license is available to future tenants through application to the State, providing an additional licensing option for an operator. The existing food-service format and stated breakfast and lunch focus define the property’s current commercial use.

Key Highlights

  • 2,150‑square‑foot restaurant property
  • Breakfast and lunch restaurant format
  • Commercial zoning

Property Analytics

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Current Use

Breakfast & diners

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.

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
2,456 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Maple + Batter — 4165 Main St, Bay Harbor, MI 49770
  • The Sagamore Room — 3600 Village Harbor Dr, Petoskey, MI 49770

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Commercially zoned restaurant property with a wood-frame structure and metal roof.
Where is this breakfast & diner 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: 2,150‑square‑foot restaurant property; Breakfast and lunch restaurant format; Commercial zoning
More about this property
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