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    Petoskey, MI
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    Petoskey, MI Retail Properties & Spaces for Sale

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    Harbor Springs, MI Conway, MI Alanson, MI Boyne City, MI Walloon Lake, MI Boyne Falls, MI Charlevoix, MI Brutus, MI
    10 properties
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    Mixed-Use Property With Rental Units
    Updated: Jul 2
    Mixed-Use Property With Rental Units

    525 W Mitchell Street, Petoskey, MI 49770

    $1,870,000
    10,580 sqft
    Approximately 10,580 sq ft of rental opportunity
    16 micro rental units with bath
    Two large commercial spaces for office or retail use
    House with 2B, 2B, backyard, and 1 garage
    Off‑street parking for approx. 10 cars
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    This listing looks promising.

    Here's a quick look at some key insights for

    525 W Mitchell Street, Petoskey, MI 49770

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $127K
      Annual

    • Mortgage

      $450K
      Aug 2020
    View Property Analytics
    Retail and Office Building with Parking
    Updated: Jul 21
    Retail and Office Building with Parking

    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 and second‑floor office suites
    3,958 SF retail space on the street level, currently occupied by a clothing store and can be retrofitted for two retail stores
    Second level offers 4,000 SF with five office suites and two restrooms
    8 dedicated private parking spaces at the rear of the building
    Natural gas heating; Year built: 1907
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    Flex Building with Paved Parking
    Flex Building with Paved Parking

    1327 N US 31, Petoskey, MI 49770

    $2,100,000
    5,120 sqft

    EC B-2 zoning, dual-road frontage, and a block construction provide a versatile commercial property.

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    Tractor Supply-Leased Retail Store
    Tractor Supply-Leased Retail Store

    2201 N US Hwy 31, Petoskey, MI 49770

    Contact for pricing
    19,532 sqft

    Retail storefront on US-31 leased to Tractor Supply Company, operated at the site since 2011.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Corner Retail Site with Drive-Thru
    Corner Retail Site with Drive-Thru

    624 Charlevoix Avenue, Petoskey, MI 49770

    Contact for pricing
    650 sqft 0.26 AC lot

    Former bank drive-thru on a northeast corner lot at US-31 and US-131, zoned B-3 with an approved site plan.

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    Open-Plan Retail Space
    Open-Plan Retail Space

    2160 Anderson Unit: 200, Petoskey, MI 49770

    Contact for pricing
    1,500 sqft

    Retail or office suite with extensive glazing, natural light, and a flexible interior ready for build-out.

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    Petoskey Plaza Investment Opportunity
    Petoskey Plaza Investment Opportunity

    105 W Mitchell St, Petoskey, MI 49770

    Contact for pricing
    9,880 sqft

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

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    Warehouse and Retail Site
    Warehouse and Retail Site

    1619 Anderson Rd, Petoskey, MI 49770

    Contact for pricing

    For sale site positioned in Petoskey’s busiest retail sector, just south of downtown with traffic passing by.

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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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    Former Drugstore Retail Building
    Former Drugstore Retail Building

    630 W Mitchell St, Petoskey, MI 49770

    Contact for pricing

    Former Rite Aid retail building available for lease next to the hospital in Petoskey.

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    Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 10 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.

    Storefront Property with Courtyard
    Storefront Property with Courtyard

    175 E Main Street, Harbor Springs, MI 49740

    $875,000
    1,650 sqft

    Downtown commercial building offering private parking, gated outdoor space, and substantial basement storage.

    View details
    Historic Short-Term Rental Building with Plunge Pool
    Historic Short-Term Rental Building with Plunge Pool

    211 Bridge, Charlevoix, MI 49720

    $3,995,000
    10,500 sqft

    Restored 1915 building with rooftop gathering area, retail spaces, and multiple short-term rental apartments.

    View details
    Historic Mixed-Use Building with Retail
    Historic Mixed-Use Building with Retail

    211 Bridge Street, Charlevoix, MI 49720

    Contact for pricing
    10,500 sqft

    Restored 1915 building offering street-level retail and multiple renovated apartment units, including short-term rentals and rooftop amenities.

    View details
    Harbor Springs Commercial Property For Sale
    Harbor Springs Commercial Property For Sale

    117 W Main St, Harbor Springs, MI 49740

    Contact for pricing
    1,224 sqft

    1224 sq ft commercial property in Harbor Springs, 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 with Recreational Use Potential
    Commercial Land with Recreational Use Potential

    8503 S US-31 Highway, Alanson, MI 49706

    $139,000

    Commercially zoned land along a major throughway with proximity to regional recreation and water-based destinations.

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    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

    $200,000
    Estimated value
    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

    $180,000
    Estimated value
    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

    Petoskey, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 48 retail properties & spaces for sale in Petoskey, MI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 55,220 square feet of properties for sale, with an estimated market value of $5,820,000.

    Sale prices for stores in Petoskey, MI start at $1,850,000, averaging $1,940,000, 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

    Storefront properties 3
    Banks 1
    Drug stores 1
    Shopping centers 1
    Showrooms 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 $1.7M

    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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