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R-4 Development Land Opportunity
For Sale
$129,000

820 Petoskey Avenue, Charlevoix, MI 49720

LAND - Charlevoix, MI

Property SizeContact for details
Lot Size1.00 Acre
Days on Market50

Property Features for 820 Petoskey Avenue

General Information

Property type Land
Property subtype Other
Zoning R-4
Lot features Electric, Natural Gas, Under Ground Utilities, City Utilities
Elementary school district Charlevoix
Middle school district Charlevoix
High school district Charlevoix
Directions North City limits across from Krist Gas Station next the Charlevoix Suites
Subdivision Charlevoix City
Standard status Active
APN 052-124-001-75
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description COM AT W1/4 COR SEC 24 T34N R8W TH AL W LI OF SD SEC S00DEG39'18"W 129.02FT (RECD AS 129.51FT) TO C/
Legal Description COM AT W1/4 COR SEC 24 T34N R8W TH AL W LI OF SD SEC S00DEG39'18"W 129.02FT (RECD AS 129.51FT) TO C/
Listing Agency: Pat O'Brien & Associates - Charlevoix
Listed By: Greg Bryan · License #65060399390
Added: Jul 13 Changed: Jul 27 Last Checked: Aug 31 at 11:06AM
MLS# 474420

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 for-sale development parcel at 820 Petoskey Avenue in Charlevoix, Michigan is zoned R-4 and includes infrastructure that is reported to be mostly installed. The property was originally approved for four units, and the seller indicates there may be an opportunity to pursue additional units with City approval.

Public remarks also note the site is located on the north side of Charlevoix. While the parcel is currently zoned R-4, the listing suggests it may support a mixed-use direction involving office and residential use, subject to applicable approvals.

Key Highlights

  • Prime development opportunity on the north side of Charlevoix
  • Currently zoned R‑4; potential for mixed use with office and residential
  • Infrastructure is mostly already installed

Property Analytics

Current Use

Ships Watch LLC Condominium Complex Linda Linklater Condominium Complex

Suggested Use

Top Pick Real Estate Agency Building Supply Storage Facility Garden Center Law Firm Spa & Massage Center

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

85
Businesses Nearby

Demographics for 49720, MI

9,127
Population
6,236
Households
1.5
Avg Household Size
52
Median Age
38%
College-Educated
97%
High-School Grad
95.5 sq mi
ZIP Area
96
Density / Sq Mi
$76,127
Median Household Income
$41,563
Median Earnings
$985
Median Rent
$265,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - R-4 zoned land on Petoskey Avenue with infrastructure mostly installed and original approval for four units.
Where is this residential land & home lot located?
The property is located at 820 Petoskey Avenue Charlevoix, MI.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Prime development opportunity on the north side of Charlevoix; Currently zoned R‑4; potential for mixed use with office and residential; Infrastructure is mostly already installed
More about this property
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