Property Details

320 E Lake Street, Petoskey

Listing Details

A true one-of-a-kind opportunity awaits the savvy buyer with this multi-use property. This unique building offers main level retail store frontage on highly trafficked E. Lake St in the heart of Petoskey's gaslight district. To the rear off Reid's Alley you will find an additional commercial space that served previously as a cigar bar and lounge. However, with its high ceilings and open concept this space can be purposed for many different uses. Use your imagination to transform this footprint and let the retail space and residential unit above subsidize your project in the process! The 2-Bedroom, 2-Bathroom upstairs apartment with separate street side access is beautifully renovated and can serve as either an income stream or lodging for owner-occupancy. Whether looking to operate your own business or simply create cash flow as an investment, this is a great opportunity in the fast-growing Downtown Petoskey market. They aren't making more of these kinds of offerings. Become part of historic Downtown Petoskey today!

Request More Information

320 E Lake Street
Petoskey MI, 49770

$799,000

  • Bedrooms 2
  • Square Ft 5,500
  • School District Petoskey
  • County Emmet
  • Water View No
  • Waterfront No
  • Type Commercial/ Industrial
  • Subtype Commercial Building, Residential Included
  • Zoning COP-B2
  • Current Business Bar, Retail
  • Water City
  • sewer City
  • utilities TV Cable Available, Electricity
  • stories Two
  • heat Natural Gas
  • Construction Wood Frame
  • Listing Courtesy of Kidd & Leavy Real Estate Co. LLC

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of Northern Michigan MLS (NM-MLSX). Real estate listings held by brokerage firms other then the site owner are marked with NM-MLSX log and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the site owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc. © All rights reserved.