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Property profile & analytics
OFF-MARKET
Office Spaces

1691 Us-131 Petoskey, MI 49770

Property ID
Property summary
AI-generated overview

This exceptional 800-square-foot office space is located at 1691 US-131 S, Ste 3, Petoskey, MI 49770. Situated in Petoskey's thriving commercial corridor, this property is ideal for a variety of professional uses, including medical or traditional office practices. The suite, designated as Suite B, is offered as a gray shell, providing flexibility for tenant build-out to meet specific needs. The single-story building, renovated in 2021, is zoned for commercial use and features ample shared parking for tenants and their clients. The property consists of one building with a total of one story. This is a multi-tenant property, offering a collaborative environment. The property's parcel number (APN) is 01-19-07-300-010. This presents a unique opportunity to establish a presence in a desirable location with convenient access and ample parking. The property is ready for immediate occupancy. The space is perfect for a business seeking a modern, adaptable workspace in a prime Petoskey location.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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