Corner Retail Site with
For Sale
Contact for pricing
Pending
624 Charlevoix Avenue, Petoskey, MI 49770
Former bank drive-thru on a northeast corner lot at US-31 and US-131, zoned B-3 with an approved site plan.
Property Size650 SF
Lot Size0.26 Acres
Days on Market132
Property Features for 624 Charlevoix Avenue
General Information
Standard status
Pending
Size
650 SF
Lot size
0.26 Acres
Property subtype
Special Purpose
Zoning
B-3
Site & Location
Traffic Count
27,878 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Coldwell Banker Commercial Schmidt, Realtors Harbor Springs
Listed By:
William Winslow · License #MI
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 20 at 2:57PM
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 former bank drive-thru property is positioned on a northeast corner at the intersection of US-31 and US-131 in Petoskey. The current interior area is 650 sq ft, and the site sits on a 92' x 124' lot. The property is zoned B-3 in the City of Petoskey, and deed restrictions apply. A potential site plan has already been created and approved.
The site benefits from corner exposure at one of the busiest intersections in the area, supported by an Annual Average Daily Traffic count of 27,878. Nearby corner businesses include McDonald's, Rite Aid, and Walgreens.
The asset is designed for drive-thru access and offers an approved concept for redevelopment while remaining within the applicable deed restrictions.
The site benefits from corner exposure at one of the busiest intersections in the area, supported by an Annual Average Daily Traffic count of 27,878. Nearby corner businesses include McDonald's, Rite Aid, and Walgreens.
The asset is designed for drive-thru access and offers an approved concept for redevelopment while remaining within the applicable deed restrictions.
Key Highlights
- Former bank drive‑thru on a northeast corner lot at US‑31 and US‑131 in Petoskey
- Located on a high‑traffic intersection with an Annual Average Daily Traffic count of 27,878
- Commercial interior area of 650 sq ft
Property Analytics
Property Profile
Current Use
Lease Details
27,878 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
154k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 23%
Apparel 23%
Home Improvements & Furnishings 7%
McDonald's
Dining
21,222 visits/mo
0.1 miles
Wendy's
Dining
18,598 visits/mo
0.1 miles
Dunham's Sports
Apparel
16,831 visits/mo
0.3 miles
Ross Dress for Less
Apparel
13,794 visits/mo
0.3 miles
Burger King
Dining
13,602 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Former bank drive-thru on a northeast corner lot at US-31 and US-131, zoned B-3 with an approved site plan.
Where is this bank located?
The property is located at 624 Charlevoix Avenue Petoskey, MI.
What are key features of this property?
This property features: Former bank drive‑thru on a northeast corner lot at US‑31 and US‑131 in Petoskey; Located on a high‑traffic intersection with an Annual Average Daily Traffic count of 27,878; Commercial interior area of 650 sq ft
