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    Petoskey, MI Residential Income Properties for Sale

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    Versatile Commercial Property Near Hospital
    $1,997,000
    10,580 SF

    Versatile Commercial Property Near Hospital

    525 W Mitchell St, Petoskey, MI 49770

    Commercially zoned property with multiple rental opportunities near downtown.

    • High Income Potential: 16 micro rental units, 2 commercial spaces, and a house offer diverse income streams.
    • Prime Location: Across from a regional hospital and walkable to downtown Petoskey's restaurants and waterfront.
    • Versatile Zoning: Commercially zoned COP‑B‑3 & RM‑2 allows for various business and residential uses.
    • Substantial Rental Space: Approximately 10,580 sq ft of rental opportunity.
    • Recent Upgrades: Includes a new $90K roof, new windows, and updated vanities/sinks.
    Last Update: Nov 14
    View details
    Petoskey Duplex: Income Potential
    $350,000
    1,816 SF

    Petoskey Duplex: Income Potential

    513 Liberty St, Petoskey, MI 49770

    Centrally located Petoskey duplex with income potential near downtown.

    • Prime location: Centrally located between downtown Petoskey, the waterfront, and McLaren Hospital.
    • Income potential: Features a one‑bedroom apartment with a steady tenant.
    • Flexible living options: Ideal for investors or owner‑occupants.
    • Main‑level unit: Includes three bedrooms and an open kitchen and dining area.
    • Convenient parking: Offers a one‑car garage plus private parking in the back.
    Last Update: Oct 31
    View details
    Petoskey Lakefront Development Land
    $568,000
    55.42 Acres

    Petoskey Lakefront Development Land

    55 Acres, Mixed-Use Potential, Lakefront
    4281 Pickeral Lk Rd, Petoskey, MI 49770
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Home in Wolverine Village
    $115,000
    1,328 SF

    Historic Home in Wolverine Village

    Charming 3-bedroom home near Rails to Trails and Sturgeon River.
    12818 S Straits Hwy, Wolverine, MI 49799
    View details
    Updated Commercial Building in Wolverine
    $599,000
    0.60 Acres

    Updated Commercial Building in Wolverine

    Five-unit commercial building with rental income potential in downtown Wolverine.
    12909 S Straits Hwy, Wolverine, MI 49799
    View details
    Gaylord Land: 16 Acres Prime Development
    $299,000
    16.59 Acres

    Gaylord Land: 16 Acres Prime Development

    16.59 acres, prime Gaylord location. Commercial & residential potential.
    0 Mcvannel Rd, Gaylord, MI 49735
    View details
    Downtown Gaylord Mixed-Use Building
    $325,000
    4,822 SF

    Downtown Gaylord Mixed-Use Building

    Commercial building with mixed-use potential and upper-level apartment.
    144 W Main St, Gaylord, MI 49735
    View details

    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.

    Residential Land with Lake Views
    $160,000
    0.90 Acres

    Residential Land with Lake Views

    Residential land offering spectacular views near Petoskey and Harbor Springs.
    3125 Old Orch, Petoskey, MI 49770
    View details
    Land in Petoskey, Michigan
    $105,000
    0.20 Acres

    Land in Petoskey, Michigan

    Residential land for sale near downtown Petoskey and Lake Michigan.
    ATKINS PARCEL CC Vl, Petoskey, MI 49770
    View details
    Petoskey Acre Parcel Building Site
    $38,000
    1.03 Acres

    Petoskey Acre Parcel Building Site

    Exclusive 1.03 acre parcel for a custom-designed luxury home.
    2099 Lower Balcony, Bay Harbor, MI 49770
    View details
    1.22 Acre Building Site
    $37,000
    1.22 Acres

    1.22 Acre Building Site

    Exclusive 1.22 acre parcel for custom dream home.
    2120 Lower Balcony, Bay Harbor, MI 49770
    View details

    Explore Off-Market Properties in Petoskey, MI

    Consider similar Off-Market properties in Petoskey, 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.

    4281 Pickeral Lk Rd

    4281 Pickeral Lk Rd

    Mixed-use properties • 55.42 Acres
    Value Estimation by Request
    4281 Pickeral Lk Rd, Petoskey, MI 49770
    View details

    Petoskey, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Petoskey, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,414,095 square feet of properties for sale, with an estimated market value of $568,000.

    Prices for residential income properties in Petoskey, MI start at $568,000, averaging $568,000, and reaching up to $568,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Popular Searches in Petoskey, MI

    Most Searched ZIP Codes in Petoskey, MI

    • 49770

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