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    Petoskey, MI Retail Space 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.
    Updated: Nov 14, 2025
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    Prime Petoskey Retail and Office
    $1,850,000
    7,958 SF

    Prime Petoskey Retail and Office

    321 Lake St E, Petoskey, MI 49770

    Commercial building in Petoskey's Gaslight District with high visibility.

    • Prime location in Petoskey's historic Gaslight District, a high‑traffic area.
    • High visibility with a daily traffic count of 3,970 vehicles.
    • Rare and valuable asset of eight dedicated private parking spaces.
    • Versatile 7,958 sq ft building with retail and office space.
    • Located in Petoskey, a top‑tier resort destination.
    Updated: Sep 4, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

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

    Downtown Boyne City Office/Retail
    $1,499,000
    10,560 SF

    Downtown Boyne City Office/Retail

    11,000 sq ft office and retail space for sale.

    5 W Main St, Boyne City, MI 49712
    View details
    Boyne City Office Building
    $495,000
    5,000 SF

    Boyne City Office Building

    5,000 sq ft building on 1.95 acres in Boyne City.

    615 Beardsley Rd, Boyne City, MI 49712
    View details
    Thriving Marina on US-31
    $2,800,000
    37,420 SF

    Thriving Marina on US-31

    Northern Michigan marina with indoor storage and retail space.

    3859 Us-31, Brutus, MI 49716
    View details
    Thriving Marina on US-31
    $2,800,000
    31,540 SF

    Thriving Marina on US-31

    Marina with indoor storage and retail space on 13.9 acres.

    3859 Us-31, Brutus, MI 49716
    View details

    Petoskey, MI Retail Space Investment Opportunities Market Analysis

    Explore 2 retail space for sale in Petoskey, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,847,000.

    Prices for retail space in Petoskey, MI start at $1,850,000, averaging $1,923,500, and reaching up to $1,997,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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