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Multi-Space Office Building
For Sale
Contact for pricing
Pending

435 Madison Street, Petoskey, MI 49770

Office property with reception, waiting, and storage areas, plus convenient access to downtown and the nearby hospital.

Property SizeContact for details
Days on Market143

Property Features for 435 Madison Street

General Information

Standard status Pending
Property subtype Special Purpose, Land

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Harbor Springs
Listed By: John Carr · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 1 at 12:54AM

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 Commercial Schmidt, Realtors Harbor Springs

Investment Insights

Based on property information with market context.

This office building at 435 Madison Street includes six office spaces supported by a reception room, waiting room, and storage room. Recent improvements have been made to the property, which also provides off-street parking and a view toward the bay.

The building is near the hospital and downtown Petoskey. Access is available from US 31 via Ingalls and Madison Street, placing the property within an established central area.

Key Highlights

  • Six office spaces with reception, waiting, and storage rooms
  • Recent improvements to the office building
  • Off‑street parking on the property

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store Garden Center Pet Grooming Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

960
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?
Office building - Office property with reception, waiting, and storage areas, plus convenient access to downtown and the nearby hospital.
Where is this office building located?
The property is located at 435 Madison Street Petoskey, MI.
What are key features of this property?
This property features: Six office spaces with reception, waiting, and storage rooms; Recent improvements to the office building; Off‑street parking on the property
More about this property
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