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1 Bed
1 Bath
7,200 sqft

$450,000

4768 US 131 Hwy, Petoskey MI, 49770

Price per sqft$62.50
Property size7,200 sqft
Property typeCommercial

Overview

Active

Listed Jun 16, 2026

Updated Sep 18

Exceptional commercial opportunity conveniently located just south of Petoskey between Petoskey and Walloon Lake. Offering approximately 7,200 square feet of well-maintained office and flex space, this versatile building is ideally suited for a wide variety of professional, light industrial, manufacturing, distribution, or service-based businesses. The main level features a welcoming reception area, four private offices, a spacious manufacturing or workshop area, a shipping and receiving room complete with an overhead garage door for easy loading and deliveries, men's and women's restrooms, and a comfortable employee break room. The upper level offers seven additional private offices, a large conference room, and two storage rooms, providing ample space for growing businesses or multiple departments. A unique bonus is the private one-bedroom, one-bath apartment with its own separate entrance and elevated deck overlooking beautifully landscaped gardens. Perfect for an owner-operator, on-site manager, employee housing, or an additional source of rental income. The property has benefited from numerous recent capital improvements, including a new rubber membrane roof, many replacement windows, and a new furnace, providing peace of mind for years to come. Ample on-site parking with 14 dedicated spaces ensures convenience for employees and clients alike. Whether you're expanding your business, investing in commercial real estate, or seeking a property that combines office, manufacturing, warehouse, and residential flexibility in one outstanding location, this is an opportunity not to be missed.

Additional information

MLS® ID
479780

Interior Features

Bedrooms
1
Bathrooms
1
Fireplace
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$7,200
Tax Frequency
Annually
Municipality
Bear Creek

Also listed on NMMLS

MLS provider logo

Listed by Clinton Shuman with Real Estate One
Listing Contact: [email protected] 

The IDX display contains information sourced from the Emmet Association of REALTORS® as of 9/18/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/18/2026 at 3:08 AM UTC

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