403 Madison St, Petoskey, MI 49770
- Commercial real estate
- 0.35 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 403 Madison St
- Lot size
- 0.35 lot acres
- Zone code
- COP RM-2
- Property type
- Commercial real estate
- APN
- 52-19-06-127-068
- APU
- 521906127068
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 9, 2026 | $400,235 | Little Roots Child Care | M & M Technology LLC | Warranty Deed | — |
| May 21, 2025 | $399,900 | M & M Technology LLC | Word Of Life Community Church | Warranty Deed | — |
| Feb 16, 2012 | — | Word Of Life Community Church | General Assemble Of The Church Of G | Warranty Deed | — |
| Dec 10, 2009 | — | Church Of God In Michigan | First Church Of God Of Petoskey | Warranty Deed | — |
Description
This exceptional commercial property, located at 403 Madison in Petoskey, Michigan, presents a unique investment opportunity. Boasting over 3,900 square feet of finished space on a 0.32-acre lot, this building is zoned RM-2, allowing for a wide range of commercial uses. Currently configured as a church, the property features a spacious dining hall complete with a full kitchen, making it ideal for food service businesses or similar ventures. Three bathrooms are conveniently located throughout the building. The lower level offers ample office and classroom space, providing flexibility for various business needs. Its prime location, just one block from US 31, ensures excellent visibility and accessibility. Ample parking is available on-site, supplemented by convenient street parking. The property's versatile layout and desirable location make it an attractive prospect for entrepreneurs and investors seeking a substantial commercial space with significant potential for adaptation and growth. The asking price is $399,900. This is a rare opportunity to acquire a well-situated, sizable commercial building in the thriving city of Petoskey.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Petoskey
- County
- Emmet
- State
- Michigan
- Longitude
- -84.966
- Latitude
- 45.3732
