Advertise
    Petoskey, MI
    Storefront

    Petoskey, MI Storefront Properties for Sale

    Notify Me
    List
    Map
    Harbor Springs, MI Alanson, MI Boyne Falls, MI Boyne City, MI Charlevoix, MI Brutus, MI Pellston, MI East Jordan, MI
    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
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    321 E Lake Street, Petoskey, MI 49770

    View Property Analytics

    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $95K
      Annual

    • Price @ 7% Cap

      $1.36M
      Suggested

    • Property Type

      Commercial (General)
      Built 1907
    View Property Analytics
    Tractor Supply-Leased Retail Store
    Updated: Jul 17
    Tractor Supply-Leased Retail Store

    2201 N US Hwy 31, Petoskey, MI 49770

    Contact for pricing
    19,532 sqft
    Retail storefront on US‑31, the primary commercial corridor serving Petoskey and surrounding Northern Michigan communities
    Leased to Tractor Supply Company; tenant operates more than 2,500 locations nationwide
    Tractor Supply operates at this site since 2011 and recently extended the lease early for an additional 10 years
    Lease supports long‑term tenant commitment to the location
    US‑31 frontage serves the broader Northern Michigan trade area
    View details
    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.

    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Petoskey, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Commercial Building Near I-75
    Commercial Building Near I-75

    1021 Mankowski Road, Gaylord, MI 49735

    $439,000
    7,100 sqft 0.50 AC lot

    7,100 SF commercial building with high visibility and accessibility.

    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
    Retail Storefront with Main Street Frontage
    Retail Storefront with Main Street Frontage

    719 W Main Street, Gaylord, MI 49735

    $459,000
    1,756 sqft 0.73 AC lot

    Retail storefront for sale with C-2 zoning and frontage on M-32/Main Street in Gaylord, Michigan.

    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

    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.

    Elmira Land Parcel on Woodward
    Elmira Land Parcel on Woodward

    V/L 1.6AC Woodward Avenue, Elmira, MI 49730

    $63,900
    1.60 AC lot

    1.6-acre parcel with meadow and woods near M-32 Highway.

    View details
    Commercial Land in High Traffic Area
    Commercial Land in High Traffic Area

    10351 N Straits Highway, Cheboygan, MI 49721

    $147,500
    1.50 AC lot

    Commercial land in a high-traffic area with utilities available.

    View details
    Commercial Land with I-75 Off-Ramp Frontage
    Commercial Land with I-75 Off-Ramp Frontage

    VL Johnson Road, Gaylord, MI 49735

    $150,000
    0.64 AC lot

    B-2 zoned commercial land with I-75 visibility at the Gaylord interchange, supported by MDOT 2024 traffic counts.

    View details
    Corner Commercial Development Land
    Corner Commercial Development Land

    1054-1060 E Front Street, Traverse City, MI 49686

    $2,650,000
    3,726 sqft 1.24 AC lot

    C-3 zoned corner parcel at a major US-31 and Garfield Road intersection with flexible development parameters.

    View details

    Petoskey, MI Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties for sale in Petoskey, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 28,990 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for retail units in Petoskey, MI average $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 4
    Banks 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 $1.9M

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Petoskey, MI

    Popular Categories

    Most Searched ZIP Codes in Petoskey, MI

    • 49770

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!