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    East Jordan, MI Boyne Falls, MI Petoskey, MI Walloon Lake, MI Charlevoix, MI Harbor Springs, MI Ellsworth, MI Elmira, MI
    Mixed-Use Building with Office Suites
    Updated: May 11
    Mixed-Use Building with Office Suites

    5 W Main Street, Boyne City, MI 49712

    $1,499,000
    10,560 sqft
    16 individual office and retail suites
    9 restrooms throughout the building
    20,000 sq. ft. of owner‑controlled parking
    Downtown Boyne City location at 5 W Main Street
    Overlooks Peninsula Beach and Lake Charlevoix
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    This listing looks promising.

    Here's a quick look at some key insights for

    5 W Main Street, Boyne City, MI 49712

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $132K
      Annual

    • Price @ 7% Cap

      $1.89M
      Above asking
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Boyne City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office-Flex and Workshop Building
    Office-Flex and Workshop Building

    4768 US-131, Petoskey, MI 49770

    $475,000
    7,200 sqft

    Well-maintained office and flex/workshop building with overhead loading access, 14 dedicated parking spaces, and an on-site apartment.

    View details
    Flex Office Industrial Building
    Flex Office Industrial Building

    103 Harbor Dr, Charlevoix, MI 49720

    $488,000
    4,200 sqft

    Versatile flex space with an open floor plan, high ceilings, dedicated loading entrance, and off-street parking.

    View details
    Office Building with Elevator
    Office Building with Elevator

    422 E Mitchell Unit: 3, Petoskey, MI 49770

    $725,000

    Occupied office unit with an existing lease and access via elevator plus front and rear stairways.

    View details
    Frontage Office Building with Residence
    Frontage Office Building with Residence

    1518 & 1520 Bridge Street, Charlevoix, MI 49720

    $795,000
    2,900 sqft 1.50 AC lot

    Leased office building with a residential home on multi-road frontage near the airport entrance.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elmira Land Parcel on Woodward
    Elmira Land Parcel on Woodward

    V/L 1.6AC Woodward Avenue, Elmira, MI 49730

    $63,900
    1.60 AC lot

    1.6-acre parcel with meadow and woods near M-32 Highway.

    View details

    Boyne City, MI Office Buildings Market Trends and Statistics

    Explore 1 office buildings for sale in Boyne City, MI on our real estate platform. These investment opportunities span a total of 10,560 square feet of properties for sale, with an estimated market value of $1,499,000.

    Sale prices for office properties in Boyne City, MI average $1,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 1
    Office buildings 1
    Office Units 1

    Demographics Overview

    Population 8,177
    Population Growth (5Y) +1.7%
    Median Household Income $74,202
    College Educated 49.8%

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $1.90 per SF
    Tax Rate vs County Average 0.17 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Charlevoix County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Charlevoix County

    Residential Income

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