Retail

Petoskey, MI Retail Space for Sale

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Harbor Springs, MI Boyne City, MI Alanson, MI Boyne Falls, MI Charlevoix, MI East Jordan, MI Brutus, MI Wolverine, MI
Storefront Property with Office Suites
Updated: Jul 21
Storefront Property with Office Suites

321 E Lake Street, Petoskey, MI 49770

$1,850,000
7,958 sqft
7,958‑square‑foot commercial building in Petoskey’s Gaslight District
3,958 square feet of street‑level retail space
Upper floor includes 4,000 square feet with five office suites
Eight dedicated private parking spaces at the rear
Reported daily traffic count of 3,970 vehicles
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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, each with a bath
House includes a backyard, 2B, 2B, and 1 garage
Two larger commercial spaces for office or retail use
Across from a regional hospital and walkable to downtown restaurants and the waterfront
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B-2B Mixed-Use Property
B-2B Mixed-Use Property

500 Howard St, Petoskey, MI 49770

$1,750,000
10,400 sqft

Existing commercial space within Petoskey’s B-2B Mixed Use Corridor supports varied business and redevelopment concepts.

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See hot listings in Petoskey

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Tractor Supply-Leased Retail Store
Tractor Supply-Leased Retail Store

2201 N US Highway 31, Petoskey, MI 49770

$4,985,222

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

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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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Marina with Indoor Storage
Marina with Indoor Storage

3859 US-31, Brutus, MI 49716

$2,800,000
37,420 sqft 1.88 AC lot

Commercial marina with substantial enclosed storage, retail sales space, and room for additional business operations.

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Marina with Indoor Storage
Marina with Indoor Storage

3859 US-31, Brutus, MI 49716

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

Marina combining indoor storage and retail sales space with steel-frame construction and natural-gas heating.

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Retail Space Near Grocery Anchor
Retail Space Near Grocery Anchor

737 W Main St, Gaylord, MI 49735

Contact for pricing
5,983 sqft

C-2-zoned retail property positioned within a grocery-anchored shopping center near the I-75 interchange.

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Freestanding Retail Storefronts
Freestanding Retail Storefronts

121-123 South Wisconsin Avenue, Gaylord, MI 49735

$399,999

Two adjoining buildings provide flexibility for retail and office occupancy, with on-site parking and access near M-32 and I-75.

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Petoskey, MI Retail Space Market Trends and Statistics

Explore 5 retail space for sale in Petoskey, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 30,438 square feet of properties for sale, with an estimated market value of $10,455,222.

Sale prices for retail space in Petoskey, MI start at $1,750,000, averaging $2,613,805, and reaching up to $4,985,222 — 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 2
Storefront properties 2
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 $2.1M

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)

Average Property Price per SF

For-sale Retail pricing trends in Emmet County

Retail

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