1111 Charlevoix Ave Petoskey, MI 49770-9701
This exceptional 1,700 square foot commercial space is located at 1111 Charlevoix in the thriving city of Petoskey, Michigan. Situated on a 0.18-acre lot, this nearly brand-new industrial property boasts a highly visible location within a high-traffic area, ensuring maximum exposure for your business. The open-concept layout provides incredible flexibility, making it suitable for a diverse range of uses, including retail, boutique shops, offices, or specialty service businesses. Large display windows flood the interior with abundant natural light, creating an inviting atmosphere for customers. The excellent street frontage offers unparalleled visibility to passing traffic. Benefit from Petoskey's robust tourism industry, which attracts visitors throughout the year, drawn to the area's shopping, dining, and recreational opportunities. This turn-key property is ready for immediate occupancy and can be customized to perfectly meet your specific business requirements. The asking price is $949,000. This is a rare opportunity to establish your business in a prime Petoskey location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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
COP B-3B · Petoskey, MIPetoskey. Always verify with local authorities before improvements.
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.