Petoskey, MI Office Spaces for Sale

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Harbor Springs, MI Alanson, MI Boyne Falls, MI

8 properties

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Updated: Jul 2

Mixed-Use Building with Commercial Space

525 W Mitchell Street, Petoskey, MI 49770

$1,870,000

10,580 sqft

Approximately 10,580 sq ft Petoskey commercially zoned property at 525 W. Mitchell St. & 516 Monroe St.
Across from a regional hospital; zoned COP‑B‑3 and RM‑2.
16 micro rental units with bath plus two large commercial spaces for office/retail.
Recent upgrades include a $90K roof and new windows, plus vanity and sinks in small units.
All units are occupied and leased; basement storage is clean and dry.

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This listing looks promising.

Here's a quick look at some key insights for

525 W Mitchell Street, Petoskey, MI 49770

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Est. Cap Rate

6.6%
Above avg (5.9%)
Est. NOI

$123K
Annual
Mortgage

$450K
Aug 2020

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Updated: Apr 13

Retail and Office Building

321 E Lake Street, Petoskey, MI 49770

$1,850,000

7,958 sqft

7,958 SF commercial building in Petoskey’s Gaslight District with street‑level retail plus second‑level office suites
Street‑level offers 3,958 SF retail space, currently occupied by a clothing store and potentially retrofit for two separate retail stores
Second level totals 4,000 SF with five office suites and two restrooms
Includes eight dedicated private parking spaces at the rear of the building
Natural gas heating; built in 1907

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Flex Space Building with Parking

1327 N US 31, Petoskey, MI 49770

$2,100,000

5,120 sqft

A versatile 5,120 SF building on a 3.6-acre site with frontage on two roads and a large paved parking lot.

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Mixed-Use Building with Office

602 Jackson Street, Petoskey, MI 49770

$564,900

2,329 sqft

Three-unit property includes a leased professional office and two upgraded 1-bedroom apartments.

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Flex Building with Updated Offices

2489 N US 31 Highway, Petoskey, MI 49770

$440,000

2,700 sqft

Well-maintained flex facility with climate-controlled shop improvements and updated office space on a high-traffic corridor.

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End-Unit Office Suite with Reception

2780 #16 Charlevoix Road, Petoskey, MI 49770

$219,000

1,000 sqft

Move-in-ready office suite with private office, reception, and conference room for professional services.

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3-Bay Garage with Showroom

Petoskey, MI 49770

$1,250,000

3,200 sqft · 2.00 AC lot

3,200 sq ft building with heated garage and office.

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Mixed-Use Building with Rental Micro-Units

525 W Mitchell St, Petoskey, MI 49770

$1,930,000

22,405 sqft

Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 8 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 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.

Move-in Ready Commercial Office Space

4878 S Straits Highway, Indian River, MI 49749

$199,900

1,048 sqft · 0.65 AC lot

Commercial office space near recreational attractions in Indian River, MI.

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Multi-Tenant Office Building

802 Bridge Street, Charlevoix, MI 49720

$489,000

4,140 sqft

Commercial building with two separate tenant entrances and room for a potential third occupancy.

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Commercial Building in Charlevoix, MI

802 Bridge St, Charlevoix, MI 49720

$489,000

4,140 sqft

4,140 SF commercial building in Charlevoix, MI for sale.

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Retail or Repair Shop Space

4735 S. Straits Highway, Indian River, MI 49749

$249,900

2,430 sqft

Retail or repair shop with warehouse and office space.

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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.

Vacant Commercial Buildable Parcel

11758 US 31 Highway lot: Parcel D, Charlevoix, MI

$189,000

1.70 AC lot

Build-ready commercial land on US 31 with shared curb cut and utilities available for straightforward development planning.

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Vacant Commercial Buildable Parcel

11758 - 2 US 31 Highway lot: Parcel E, Charlevoix, MI

$175,000

1.93 AC lot

Build-ready commercial land on US 31 with shared curb cut and utility availability for planned development.

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Commercial Land Site on US 31

11758 N US 31 Highway, Charlevoix, MI 49720

$539,900

5.20 AC lot

Vacant commercial land with 622+ feet of frontage and utilities available for development along US 31.

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Vacant Commercial Land with Highway Frontage

11640 US 31 N Highway, Charlevoix, MI 49720

$449,000

6.00 AC lot

Build-ready commercial parcel with shared access, utilities, and highway frontage on US 31.

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Off-Market Properties in Petoskey, MI

Consider similar Off-Market properties in Petoskey, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Office Units

2170 Anderson Rd, Petoskey, MI 49770

Value Estimation by Request

3,325 sqft

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Retail properties & Spaces

2180 Anderson Rd, Petoskey, MI 49770

Value Estimation by Request

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Office Spaces

1691 Us-131, Petoskey, MI 49770

Value Estimation by Request

800 sqft

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Medical Office Space

2160 Anderson Rd, Petoskey, MI 49770

Value Estimation by Request

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Medical Office Space

1691 Us-131, Petoskey, MI 49770

Value Estimation by Request

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Medical Office Space

2160 Anderson Rd, Petoskey, MI 49770

Value Estimation by Request

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Petoskey, MI Office Spaces Market Trends and Statistics

Explore 14 office spaces for sale in Petoskey, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 55,292 square feet of properties for sale, with an estimated market value of $10,223,900.

Sale prices for office spaces in Petoskey, MI start at $219,000, averaging $1,277,987, and reaching up to $2,100,000 — 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

Demographics Overview

Population 18K

Population Growth (5Y) +4.9%

Median Household Income $80,431

College Educated 68.9%

High-Yield Neighborhoods for Investment

Identify Petoskey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49770	$1.7M

Taxes & Financing

Tax Rate (average for all types) 2.30%

Property Tax per SF $9.63 per SF

Tax Rate vs County Average 1.82 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Emmet County

New Delisted

Total CRE Inventory on Market (SF)

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