Emmet County, MI Residential income properties for sale

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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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: Jun 25

Mixed-Use Building with Office

602 Jackson Street, Petoskey, MI 49770

$564,900

2,329 sqft

Commercial property with 3 units: a professional office (long‑term lease) plus two 1 bed/1 bath apartments
Two 1 bed/1 bath apartments include one owner‑occupied unit and one unit used for short- and long‑term rentals
Extensively upgraded apartments, including an upper unit with bay views from the living room, kitchen, and deck
Zoned B3 with a reported great rental history
Detached 1‑stall garage

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Remodeled Duplex with Private Entrances

415 Liberty Street, Petoskey, MI 49770

$559,900

2,318 sqft

Updated duplex offers two separate units with private entrances and in-unit laundry for flexible owner or tenant use.

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Retail Storefront with Highway Visibility

6420 & 6406 E Gill Road, Carp Lake, MI 49718

$650,000

2,400 sqft

Multi-property B-2 retail package includes a general store, rental cabin, and barn with highway access.

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Petoskey Multifamily Investment Opportunity

524 State St, Petoskey, MI 49770

$850,000

Well-maintained 6-unit multifamily property near downtown Petoskey.

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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 11 Potential Opportunities for your consideration. Besides 6 Active listings in Emmet County, MI, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Land with Panoramic Bay Views

Harbor Springs, MI 49740

$199,900

2.66 AC lot

2.66 acre lot with views of Little Traverse Bay.

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Private Wooded Lots in Harbor Springs

8144 Pleasantview Woods Drive, Harbor Springs, MI 49740

$50,000

0.73 AC lot

Wooded lots near Boyne Highlands, Nubs Nob, and Lake Michigan.

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Private Wooded Lots Near Lake

8128 Pleasantview Woods Drive, Harbor Springs, MI 49740

$50,000

0.81 AC lot

Wooded lots between Harbor Springs and Petoskey, near Lake Michigan.

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Private Wooded Lots in Harbor Springs

8178 Pleasantview Woods Drive, Harbor Springs, MI 49740

$50,000

0.82 AC lot

Serene wooded lots near Harbor Springs and Petoskey.

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Off-Market Properties in Emmet County, MI

Consider similar Off-Market properties in Emmet County, 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.

Mixed-use properties

4281 Pickeral Lk Rd, Petoskey, MI 49770

Value Estimation by Request

55.42 AC lot

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