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    Petoskey, MI Retail Properties & Spaces for Sale

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    Harbor Springs, MI Alanson, MI Boyne Falls, MI
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    Commercial Building in Petoskey, MI
    Updated: May 15, 2024
    Commercial Building in Petoskey, MI

    403 Madison St, Petoskey, MI

    $449,900
    3,800 sqft · 0.35 AC lot
    Commercial Zoning (RM‑2) offers endless possibilities.
    Large finished area of over 3800 sq ft provides ample space.
    Includes a full kitchen and dining hall, suitable for food service or events.
    Conveniently located just one block off US 31 in Petoskey.
    Features three bathrooms for convenience.
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    This listing looks promising.

    Here's a quick look at some key insights for

    403 Madison St, Petoskey, MI

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    • Est. Cap Rate

      7.2%
      Above avg (5.9%)

    • Est. NOI

      $32K
      Annual

    • Price @ 7% Cap

      $459K
      Above asking

    • Last Sold

      Jan 2026
      $400K
    View Property Analytics
    Retail and Office Building
    Updated: Apr 13
    Retail and Office Building

    321 E Lake Street, Petoskey, MI 49770

    $1,850,000
    7,958 sqft
    7,958 SF commercial building in Petoskey’s Gaslight District with street‑level retail plus second‑level office suites
    Street‑level offers 3,958 SF retail space, currently occupied by a clothing store and potentially retrofit for two separate retail stores
    Second level totals 4,000 SF with five office suites and two restrooms
    Includes eight dedicated private parking spaces at the rear of the building
    Natural gas heating; built in 1907
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    Flex Space Building with Parking
    Flex Space Building with Parking

    1327 N US 31, Petoskey, MI 49770

    $2,100,000
    5,120 sqft

    A versatile 5,120 SF building on a 3.6-acre site with frontage on two roads and a large paved parking lot.

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    Mixed-Use Building with Commercial Space
    Mixed-Use Building with Commercial Space

    525 W Mitchell Street, Petoskey, MI 49770

    $1,870,000
    10,580 sqft

    Multi-unit property with office/retail spaces and on-site rentals, including off-street parking.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    3-Bay Garage with Showroom
    3-Bay Garage with Showroom

    Petoskey, MI 49770

    $1,250,000
    3,200 sqft · 2.00 AC lot

    3,200 sq ft building with heated garage and office.

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    Petoskey Plaza Investment Opportunity
    Petoskey Plaza Investment Opportunity

    105 W Mitchell St, Petoskey, MI 49770

    $1,950,000
    9,880 sqft

    9,880 Sq Ft Plaza in Petoskey, Michigan for sale.

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    Retail Space in Petoskey, MI
    Retail Space in Petoskey, MI

    910 Spring Street |, Petoskey, MI 49770

    Contact for pricing

    Retail space with high visibility and traffic in Petoskey.

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    Petoskey Town Center Retail Space
    Petoskey Town Center Retail Space

    1305 Spring Street |, Petoskey, MI 49770

    Contact for pricing

    Retail spaces available in the heart of Petoskey, Michigan.

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    Based on your search, we've compiled 54 Potential Opportunities for your consideration. Besides 8 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 38 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Downtown Mixed-Use Office/Retail Building
    Downtown Mixed-Use Office/Retail Building

    5 W Main Street, Boyne City, MI 49712

    $1,499,000
    10,560 sqft

    Mixed office and retail building with 16 suites and substantial on-site parking for tenants in Boyne City.

    View details
    Northern Michigan Marina with Indoor Storage
    Northern Michigan Marina with Indoor Storage

    3859 US-31, Brutus, MI 49716

    $2,800,000
    31,540 sqft · 13.90 AC lot

    For sale marina property with substantial indoor storage and retail sales space on US-31 in Brutus, MI.

    View details
    Established Bicycle Shop Business Opportunity
    Established Bicycle Shop Business Opportunity

    126 Water St, Boyne City, MI 49712

    $475,000
    2,128 sqft

    Thriving bicycle shop business for sale in Boyne City.

    View details
    Marina with Indoor Storage and Retail
    Marina with Indoor Storage and Retail

    3859 US-31, Brutus, MI 49716

    $2,800,000

    For sale marina asset with substantial indoor storage and retail sales area on US-31 in Northern Michigan.

    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.

    Commercial Land Near Inland Waterway
    Commercial Land Near Inland Waterway

    8503 S US-31 Highway, Alanson, MI 49706

    $139,000

    Commercial land with high exposure near recreational areas and Crooked Lake.

    View details
    Riverfront Marina Development Land
    Riverfront Marina Development Land

    6320 & 6332 River Street, Alanson, MI 49706

    $475,000
    0.87 AC lot

    Commercially zoned riverfront parcel with 185 feet of Crooked River frontage and 11 newly constructed boat slips.

    View details
    New Pole Barn Lot with Gate
    New Pole Barn Lot with Gate

    13715 Clark Road lot: 13, Charlevoix, MI 49720

    $189,000
    0.07 AC lot

    Commercial lot for a new insulated pole barn with in-floor heat, LED lighting, and electronic overhead doors.

    View details
    New Pole Barn Warehouse Unit
    New Pole Barn Warehouse Unit

    13715 Clark Road lot: 11, Charlevoix, MI 49720

    $329,000
    0.07 AC lot

    New 40’x80’ pole barn with in-floor heat, LED lighting, electric overhead door, and metal interior walls in a gated association.

    View details

    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.

    2095 Us Hwy 31st Rd
    SHOW ROOM, WAREHOUSE

    2095 Us Hwy 31st Rd, Petoskey, MI 49770-9321

    Value Estimation by Request
    View details
    2170 Anderson Rd
    Office Units

    2170 Anderson Rd, Petoskey, MI 49770

    Value Estimation by Request
    3,325 sqft
    View details
    2180 Anderson Rd
    Retail properties & Spaces

    2180 Anderson Rd, Petoskey, MI 49770

    Value Estimation by Request
    View details
    1590-1850 Anderson Rd
    Neighborhood centers

    1590-1850 Anderson Rd, Petoskey, MI 49770

    Value Estimation by Request
    311,933 sqft
    View details
    2160 Anderson Rd
    Medical Office Space

    2160 Anderson Rd, Petoskey, MI 49770

    Value Estimation by Request
    View details
    2180 Anderson Rd
    Retail properties & Spaces

    2180 Anderson Rd, Petoskey, MI 49770

    Value Estimation by Request
    6,200 sqft
    View details
    2160 Anderson Rd
    Medical Office Space

    2160 Anderson Rd, Petoskey, MI 49770

    Value Estimation by Request
    View details
    2086 Us Hwy 31
    SHOW ROOM, WAREHOUSE

    2086 Us Hwy 31, Petoskey, MI 49770-9321

    Value Estimation by Request
    View details
    1642 Us Hwy 131
    SHOW ROOM, WAREHOUSE

    1642 Us Hwy 131, Petoskey, MI 49770-8339

    Value Estimation by Request
    View details
    1718 Us Hwy 131
    SHOW ROOM, WAREHOUSE

    1718 Us Hwy 131, Petoskey, MI 49770-9215

    Value Estimation by Request
    View details
    1694 Us Hwy 131
    SHOW ROOM, WAREHOUSE

    1694 Us Hwy 131, Petoskey, MI 49770-8340

    Value Estimation by Request
    View details
    1694 Us Hwy 131
    SHOW ROOM, WAREHOUSE

    1694 Us Hwy 131, Petoskey, MI 49770-8340

    Value Estimation by Request
    View details
    2350 Mitchell Park Dr
    SHOW ROOM, WAREHOUSE

    2350 Mitchell Park Dr, Petoskey, MI 49770-9600

    Value Estimation by Request
    View details
    560 Mitchell St
    SHOW ROOM, WAREHOUSE

    560 Mitchell St, Petoskey, MI 49770-2275

    Value Estimation by Request
    View details
    4209 Mitchell Rd
    SHOW ROOM, WAREHOUSE

    4209 Mitchell Rd, Petoskey, MI 49770-8608

    Value Estimation by Request
    View details
    4209 Mitchell Rd
    SHOW ROOM, WAREHOUSE

    4209 Mitchell Rd, Petoskey, MI 49770-8608

    Value Estimation by Request
    View details

    Petoskey, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 46 retail properties & spaces for sale in Petoskey, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 40,538 square feet of properties for sale, with an estimated market value of $9,469,900.

    Sale prices for stores in Petoskey, MI start at $449,900, averaging $1,578,316, and reaching up to $2,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 6
    Automotive properties 2
    Showrooms 2
    Storefront properties 2
    Auto shops 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +4.9%
    Median Household Income $80,431
    College Educated 68.9%

    High-Yield Neighborhoods for Investment

    Identify Petoskey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49770 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.30%
    Property Tax per SF $9.63 per SF
    Tax Rate vs County Average 1.82 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Emmet County

    New Delisted

    Total CRE Inventory on Market (SF)

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