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    Petoskey, MI
    Retail

    Petoskey, MI Retail Space for Sale

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    Harbor Springs, MI Alanson, MI Boyne Falls, MI Boyne City, MI Brutus, MI Pellston, MI East Jordan, MI Wolverine, MI
    Flex Space Building with Parking
    Updated: Apr 16
    Flex Space Building with Parking

    1327 N US 31, Petoskey, MI 49770

    $2,100,000
    5,120 sqft
    3.6‑acre parcel with frontage on both US 31 and Pickerel Lake Road
    5,120 sq ft building suited for retail, office, showroom, or light industrial use
    Large paved parking lot included
    Heating: natural gas
    Water source: well
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    This listing looks promising.

    Here's a quick look at some key insights for

    1327 N US 31, Petoskey, MI 49770

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    • Est. Cap Rate

      3.2%
      NOI ÷ price

    • Est. NOI

      $67K
      Annual

    • Mortgage

      $100K
      Recorded

    • Property Type

      Commercial (General)
      Built 1970
    View Property Analytics
    Retail Space in Petoskey, MI
    Updated: Mar 7
    Retail Space in Petoskey, MI

    910 Spring Street |, Petoskey, MI 49770

    Contact for pricing
    Prominent location in Petoskey, Michigan with excellent visibility on US‑131.
    Located at the busiest intersection in the market with over 39,000 vehicles per day (VPD).
    High average household income of over $100,000 within a 5‑mile radius.
    Proximity to major national and regional retailers such as Walmart, Home Depot, and Lowe's.
    Co‑tenancy with established retailers including Harbor Freight, Ross, and Dunham's.
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Thriving Marina on US-31
    Thriving Marina on US-31

    3859 US-31, Brutus, MI 49716

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

    Northern Michigan marina with indoor storage and retail space.

    View details
    Corner Office Space with Off-Street Parking
    Corner Office Space with Off-Street Parking

    101 Bridge St, East Jordan, MI 49727

    $249,900
    1,344 sqft

    Corner office space renovated in 1994 with private off-street parking accessible from two streets.

    View details
    Waterfront Multi-Use Investment Opportunity
    Waterfront Multi-Use Investment Opportunity

    204 Water St, East Jordan, MI 49727

    $4,999,000
    3.40 AC lot

    3.4 acres with 360' Lake Charlevoix waterfront, prime location.

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Petoskey, MI Retail Space Market Trends and Statistics

    Explore 2 retail space for sale in Petoskey, MI on our real estate platform. These investment opportunities span a total of 5,120 square feet of properties for sale, with an estimated market value of $2,100,000.

    Sale prices for retail space in Petoskey, MI start at $2,100,000, averaging $2,100,000, 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

    Shopping centers 5
    Showrooms 2
    Auto shops 1
    Automotive properties 1
    Storefront properties 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 $1.9M

    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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