321 E Lake Street Petoskey, MI 49770
7,958 Sq. Ft. / Other
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Prime Retail and Office Building for Sale in Petoskey's Gaslight District Secure your business's future in one of Northern Michigan's most sought-after resort communities, located along the pristine shores of Lake Michigan. This exceptional commercial building is ideally situated in the historic Gaslight District of Petoskey, a vibrant hub of boutiques, galleries, and award-winning dining. Key Features Location, Location, Location: Immerse your brand in the charm and elegance of downtown Petoskey. The Gaslight District is the premier destination for both year-round residents and a massive influx of seasonal tourists, ensuring consistent foot traffic and high visibility. High-Traffic Visibility: Benefit from a daily traffic count of 3,970 vehicles, providing your business with constant exposure to potential customers. Exclusive Parking: A rare and invaluable asset in downtown Petoskey, this property includes eight dedicated private parking spaces at the rear of the building, offering convenience for both owners and staff. Thriving Community: Petoskey is a top-tier resort destination, known for its pristine beauty, world-class amenities, and affluent clientele. Join a community of successful businesses and tap into a robust local and tourist economy. Versatile Space Options This 7,958-square-foot commercial building offers a unique opportunity for diverse use. The street-level features 3,958 square feet of retail space, currently occupied by a clothing store but can be retrofitted for two separate retail stores. The second level features a total of 4,000 square feet, consisting of five office suites and two restrooms. This versatility makes the property ideal for a variety of uses, including: Boutique Retail Art Gallery Specialty Food Shop Professional Services Don't miss this chance to establish your presence in a prime location. Contact us today for your private showing.
Sally H Teal
Sales Associate
Direct: (231) 881-9989
MI RE Lic. # 6502401996, MI RE Lic. # 6502401996, MI RE Lic. # 6502401996
property details
Type
Other
Status
Active
County
Emmet
Year Built
1907
Sq. Ft.
7,958
Listing Id
477427
Courtesy Of
Tom Mooradian - Berkshire Hathaway HomeServices Michigan Real Estate - HS OFFICE: 231-526-9800
List Office Phone
+1 (231) 526-9800
Interior Features
Living Area Units
Sq. Ft.
Exterior Features
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Gas Heat
Building Area Total
7,958 Sq. Ft.
Architectural Style
Other
Northern Michigan MLS, Inc listings presented by:
203 Bridge St.
Charlevoix, Michigan 49720
(231) 547-9905
Price History
| date | event | price | source |
|---|---|---|---|
|
07/21/2026
07/21/2026
|
Active |
$1,850,000
|
Northern Michigan MLS |
|
07/16/2026
07/16/2026
|
Expired |
$1,850,000
|
Northern Michigan MLS |
|
08/07/2025
08/07/2025
|
Active |
$1,850,000
|
Northern Michigan MLS |
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Market Trends
Source: Constellation1
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