1691 Us-131 Petoskey, MI 49770
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.