321 E Lake Street, Petoskey, MI

$1,850,000

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4

Baths

7,958

Square feet

About 321 E Lake Street

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.

Features of 321 E Lake Street

MLS® # 477427
Price $1,850,000
Bathrooms 4.00
Half Baths 4
Square Footage 7,958
Year Built 1907
Type COMMERCIAL/INDUSTRIAL
Sub-Type Commercial/Industrial
Status Active

Community Information

Address 321 E Lake Street
City Petoskey
County Emmet
State MI
Zip Code 49770

Amenities

Utilities Underground Utilities
Features Natural Gas, Air-Conditioning, Common Area
Is Waterfront No

Interior

Heating Natural Gas
Stories Two
Has Basement Yes
Basement Block, Full

Exterior

Roof Rolled
Construction Other
Lake Name Michigan

School Information

District Petoskey

Additional Information

Zoning B-2
Foreclosure No
Short Sale No

Listing Details

OfficeBerkshire Hathaway HomeServices Michigan Real Estate - HS
Contact InfoOFFICE: 231-526-9800

Listing Map

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