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    Petoskey, MI
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    Petoskey, MI Shopping Centers for Sale

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    Petoskey Plaza Investment Opportunity
    Updated: Mar 9
    Petoskey Plaza Investment Opportunity

    105 W Mitchell St, Petoskey, MI 49770

    $1,950,000
    9,880 sqft
    8.14% CAP Rate
    Rare Petoskey MI Plaza
    9,880 Sq Ft
    Built in 1989
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    Petoskey Town Center Retail Space
    Updated: Sep 12, 2025
    Petoskey Town Center Retail Space

    1305 Spring Street |, Petoskey, MI 49770

    Contact for pricing
    Prime location on Spring Street in the heart of Petoskey.
    Anchored by Hobby Lobby and Big Lots, attracting significant customer traffic.
    High average household income ($95,000+) within a 5‑mile radius.
    Located in a major tourist destination in Northern Michigan.
    Leasing opportunities for small shop, junior box, and big box retailers.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Mitchell Street Mall Investment Opportunity
    Mitchell Street Mall Investment Opportunity

    1508 N Mitchell Street, Cadillac, MI 49601

    $2,340,000
    47,945 sqft 8.94 AC lot

    91% leased retail center with high cash-on-cash return.

    View details
    Iconic Warehouse MRKT Building
    Iconic Warehouse MRKT Building

    144 Hall St, Traverse City, MI 49684

    $2,950,000
    18,454 sqft 0.75 AC lot

    Thriving Traverse City marketplace with multi-tenant rental model.

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    High-Visibility Retail Space
    High-Visibility Retail Space

    S 821 S Garfield Avenue Unit SourceFi, Traverse City, MI 49686

    Contact for pricing
    2,318 sqft

    Retail space with ample on-site parking and C-3 zoning along a high-visibility corridor in Traverse City.

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    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    1508 N Mitchell Street, Cadillac, MI 49601

    $2,340,000

    91% leased multi-tenant mall with one vacant anchor-sized space, loading docks, inventory, and storage.

    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.

    Development Land Near M-32 Frontage
    Development Land Near M-32 Frontage

    VL W M-32, Gaylord, MI 49735

    $399,900
    34.84 AC lot

    34.84 acres development site with M-32 frontage and drive easement.

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    Alpena Land with Complete Infrastructure
    Alpena Land with Complete Infrastructure

    NHN Crittenden Court, Alpena, MI 49707

    $1,000,000
    11.39 AC lot

    11.39 acres with complete infrastructure in Alpena's growing area.

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    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 6, Alpena, MI 49707

    $235,000
    3.50 AC lot

    Commercial land with complete infrastructure in Alpena's growing area.

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    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 7, Alpena, MI 49707

    $235,000
    3.49 AC lot

    Commercial land with complete infrastructure in a high-traffic area.

    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.

    1590-1850 Anderson Rd
    Neighborhood centers

    1590-1850 Anderson Rd, Petoskey, MI 49770

    Value Estimation by Request
    311,933 sqft
    View details

    Petoskey, MI Shopping Centers Market Trends and Statistics

    Explore 3 shopping centers for sale in Petoskey, MI on our real estate platform. These investment opportunities span a total of 9,880 square feet of properties for sale, with an estimated market value of $1,950,000.

    Sale prices for plazas in Petoskey, MI start at $1,950,000, averaging $1,950,000, and reaching up to $1,950,000 — 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 $2M

    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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