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.
| Price: | $1,850,000 |
|---|---|
| Address: | 321 E Lake Street |
| City: | Petoskey |
| State: | Michigan |
| Zip Code: | 49770 |
| MLS: | 477427 |
| Year Built: | 1907 |
| Square Feet: | 7,958 |
Listing courtesy of Berkshire Hathaway HomeServices Michigan Real Estate - HS OFFICE: 231-526-9800 © 2025 Northern Michigan Multiple Listing Service (NMMLS). IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed. Data last updated: Saturday, November 29th, 2025 10:57:52 AM.
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